Leveraging Digital Platforms for Co-creation in Product Innovation

Authors

  • Saral Mounika Holy Cross College, Trichy, India. Author

DOI:

https://doi.org/10.56472/ICCSAIML25-156

Keywords:

Co-creation, Digital Platforms, Product Innovation, Open Innovation, Crowdsourcing, Customer Engagement, Collaborative Tools, Innovation Management, User-Generated Content, Digital Transformation

Abstract

In the digital age, traditional models of product innovation are being transformed by the collaborative potential of digital platforms. This paper explores the concept of co-creation, where businesses and external stakeholders collaboratively develop products, leveraging digital platforms as facilitators. By examining various types of platforms such as open innovation hubs, crowdsourcing sites, and social media channels the study highlights how these tools enable idea generation, feedback collection, and iterative development processes. Through case studies and empirical analysis, the paper demonstrates the positive impact of co-creation on product innovation, including enhanced creativity, faster development cycles, and increased customer satisfaction. The findings underscore the strategic importance of integrating co-creation into business models and provide insights into managing digital co-creation initiatives effectively

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Published

2025-05-18

How to Cite

1.
Mounika S. Leveraging Digital Platforms for Co-creation in Product Innovation. IJETCSIT [Internet]. 2025 May 18 [cited 2025 Sep. 13];:492-503. Available from: https://ijetcsit.org/index.php/ijetcsit/article/view/290

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