Modeling the Dynamics of Service: The Creation of Customer Value

  • Peter Ylén
  • Ossi Koivula
  • Marja Toivonen
  • Karo Tammela
Chapter

Abstract

During recent years, value-based approaches have gained popularity in both research and managerial practice. One of the most influential approaches is service-dominant logic (SDL) that focuses on the co-creation of value between the provider and customer and highlights the context in which value is created and the related resources integrated. Starting from these viewpoints, this chapter provides a framework for a systematic analysis of the value- and service-based business. We apply the system dynamic modeling to study the customer value creation. In particular, we describe the dynamic relationship between value promise given to customer and the customer-experienced value.

Keywords

Dynamic modeling Service value Service-dominant logic System dynamics 

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Copyright information

© Springer Japan 2014

Authors and Affiliations

  • Peter Ylén
    • 1
  • Ossi Koivula
    • 1
  • Marja Toivonen
    • 1
  • Karo Tammela
    • 1
  1. 1.VTT Technical Research Centre of FinlandVTT EspooFinland

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