Title: Joint value creation and individual value capture in automotive innovation ecosystems

Authors: Arne Jeppe; Lisa Kraus; Heike Proff

Addresses: Chair of General Business Administration and International Automotive Management, University of Duisburg-Essen, Bismarckstraße 120, 47057 Duisburg, Germany ' Chair of General Business Administration and International Automotive Management, University of Duisburg-Essen, Bismarckstraße 120, 47057 Duisburg, Germany ' Chair of General Business Administration and International Automotive Management, University of Duisburg-Essen, Bismarckstraße 120, 47057 Duisburg, Germany

Abstract: Innovation ecosystems allow companies to develop new technologies without large investments. Therefore, these structural alignments of a multilateral set of partners are gaining importance, especially among capital-intensive automotive companies. However, the risk of losing competence is high. This is why innovation ecosystems are still rare, especially in the automotive industry, although much research has been done on how the partners can jointly create value and individually capture parts of it. Therefore, we investigate which of the factors influencing joint value creation and individual value capture in innovation ecosystems managers of automotive companies see and what influence the two have on success. With exploratory structural equation modelling on the basis of a survey of 286 automotive companies, we show that governance mechanisms are most important to automotive managers, while value drivers have not yet been used in innovation ecosystems.

Keywords: ecosystem; governance; innovation; joint value creation; automotive industry.

DOI: 10.1504/IJATM.2024.144507

International Journal of Automotive Technology and Management, 2024 Vol.24 No.4, pp.420 - 440

Received: 07 Dec 2023
Accepted: 19 Jun 2024
Published online: 17 Feb 2025 *

Full-text access for editors Full-text access for subscribers Purchase this article Comment on this article