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Co-Creation with AI in B2B Markets: A Systematic Literature Review

Author

Listed:
  • David Fehrenbach

    (Department of Marketing, University of Zaragoza, Gran Vía 2, 50005 Zaragoza, Spain)

  • Carolina Herrando

    (Department of Marketing, University of Zaragoza, Gran Vía 2, 50005 Zaragoza, Spain)

  • María José Martín-De Hoyos

    (Department of Marketing, University of Zaragoza, Gran Vía 2, 50005 Zaragoza, Spain)

Abstract

Artificial intelligence (AI) has significantly disrupted B2B markets, impacting companies at the product, service, and organizational levels. A key focus is on how to leverage the power of AI to augment and automate activities to create value for customers. One specific form of value creation investigated in marketing is co-creation between parties. Introducing AI into the co-creation process is exciting due to its technological characteristics and the anticipated business value it can bring. This study explores the state of the art in co-creation with AI in B2B markets. It examines how buyers, suppliers, and technology providers interact, along with their motives and characteristics. Furthermore, it investigates the processes enabling these interactions, from the form of AI used and AI tool integration to the necessary capabilities of other actors involved. Finally, this study examines the content of co-creation described in the existing literature and the value created jointly. This review contributes to delineating the interaction between human and non-human actors in a B2B co-creation ecosystem. The implications of this research provide B2B companies with a discussion about the actors, motives, characteristics, processes, and content of co-creation with AI in B2B drivers and barriers of AI for co-creation, mapping the way for success.

Suggested Citation

  • David Fehrenbach & Carolina Herrando & María José Martín-De Hoyos, 2024. "Co-Creation with AI in B2B Markets: A Systematic Literature Review," Sustainability, MDPI, vol. 16(18), pages 1-13, September.
    • Handle: RePEc:gam:jsusta:v:16:y:2024:i:18:p:8009-:d:1477407
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    References listed on IDEAS

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