The Coupling Mechanism of the Digital Innovation Ecosystem and Value Co-creation

Abstract

Value co-creation in the digital innovation ecosystem is of great practical significance for promoting enterprise advantages and high-quality economic development. Digitalization reshapes the logic of value co-creation. Innovation activities are no longer focused only on the internal enterprise but also occur in the ecosystem of interaction and sharing with other heterogeneous and diverse subjects. How can value co-creation be achieved between the digital innovation ecosystems and how can they be coupled between the two? Based on this problem, this paper divides the value co-creation elements of the digital innovation ecosystem into five major elements: digital strategic cognition, digital technology, new digital infrastructure, data resources, and digital innovation capabilities, and explores the coupling mechanism between the digital innovation ecosystem and value co-creation.