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- W629103017 abstract "In their 2004 article Evolving to a new dominant logic for marketing, Vargo and Lusch established the related principles that value is always co-created and, thus, firms cannot deliver value, but only develop compelling value propositions. This perspective is now known as service-dominant (S-D) logic. Subsequent S-D logic work has suggested that value is not only always co-created; it also requires the integration of resources from multiple sources and thus is contextually contingent, since each instance of value creation involves the availability, integration, and use of a different combination of resources. This repositioning of value, from a static concept of something embedded in the output of a producer to be consumed, to a dynamic concept of a co-created outcome in ever-changing, networked systems, can be seen throughout the manuscripts in this volume." @default.
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- W629103017 date "2012-01-01" @default.
- W629103017 modified "2023-09-26" @default.
- W629103017 title "Toward a better understanding of the role of value in markets and marketing" @default.
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