Value co-creation in industrial AI: The interactive role of B2B supplier, customer and technology provider

Shuyang Li, Guochao Peng*, Fei Xing, Jun Zhang, Bingqian Zhang

*Corresponding author for this work

Research output: Contribution to journalArticlepeer-review

Abstract

This research explores the interactive role of supplier, customer and technology company in business-to-business (B2B) marketing when they develop and use industrial artificial intelligence (AI). From a value co-creation perspective and following a service-dominant logic, this study aims to identify essential value types that are created collaboratively by B2B professionals (namely suppliers, customers and AI providers), and critical capabilities that contribute to their value co-creation practices. Nineteen in-depth semi-structured interviews were conducted with three groups of B2B stakeholders in six companies that involved in an industrial AI development and usage project. The data was then analysed using a thematic analysis approach. The results of this research contain a categorisation of four value types and three sets of capabilities, together with the interrelationships between them. This study contributes to the literature of value co-creation, information system and B2B marketing by bridging these three disciplines within the context of industrial AI development and usage.

Original languageEnglish
Pages (from-to)105-114
Number of pages10
JournalIndustrial Marketing Management
Volume98
Early online date16 Aug 2021
DOIs
Publication statusPublished - Oct 2021

Bibliographical note

Funding Information:
This research was supported by three grants respectively funded by the National Natural Science Foundation of China (No.: 71974215 ), National Social Science Foundation of China (No.: 18CTQ019 ) and the Natural Science Foundation of Guangdong (No.: 2018A030313706 ).

Publisher Copyright:
© 2021 Elsevier Inc.

Keywords

  • B2B marketing
  • Capability
  • Industrial AI
  • Value co-creation
  • Value type

ASJC Scopus subject areas

  • Marketing

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