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Balanced centricity: a joint institutional logic within open collaborative ecosystems.
- Source :
- Journal of Business & Industrial Marketing; 2023, Vol. 38 Issue 2, p384-394, 11p
- Publication Year :
- 2023
-
Abstract
- Purpose: This paper aims to examine the change of institutional logics in actors' practices within crowdfunding platforms, seen as open collaborative ecosystems. Design/methodology/approach: The research follows an abductive approach, wherein data collection and analysis, and the search for complementary theories, constitute parallel iterative processes. A main case study was carried out, complemented by an expert panel. Findings: Balanced centricity (BC) as the main institutional logic in crowdfunding platforms delineates actors' practices (aims, resources and behaviors) into four issues: the development of an open and collaborative community; the overcoming of resource limitations; the changing roles of actors; and the co-creation of mutual (societal) value. Research limitations/implications: This study context limits the results. The COVID-19 crisis put all actors in the medical field into an extreme situation in which they had to maximize their potential to achieve a common aim. Once the crisis has passed, further research should address whether BC is maintained as actors' institutional logic. Originality/value: This paper offers a unique perspective on BC as an institutional logic that impacts actors in collaborative open ecosystems. [ABSTRACT FROM AUTHOR]
Details
- Language :
- English
- ISSN :
- 08858624
- Volume :
- 38
- Issue :
- 2
- Database :
- Complementary Index
- Journal :
- Journal of Business & Industrial Marketing
- Publication Type :
- Academic Journal
- Accession number :
- 161363381
- Full Text :
- https://doi.org/10.1108/JBIM-12-2021-0572