AI Insight
This conceptual study develops a framework identifying four key antecedents that drive value co-creation among women entrepreneurs: individual dynamic capabilities, opportunity recognition, entrepreneurial orientation, and entrepreneurial networks. The research proposes that value co-creation positively impacts business performance and presents five testable hypotheses derived from a multidisciplinary literature review spanning entrepreneurship, management, and network theory. The framework addresses a gap in understanding how women entrepreneurs create value through collaborative processes despite facing unique challenges in their entrepreneurial activities.
Why it matters
The framework provides actionable insights for policymakers and entrepreneurship support organizations to design targeted interventions that enhance women's entrepreneurial success. By identifying specific factors that enable value co-creation, the study offers practical guidance for developing support mechanisms that address the distinct barriers women face in entrepreneurship.
Understand the Science
This study examines the antecedents and outcomes of value co-creation among women entrepreneurs, emphasizing the importance of addressing the unique challenges they encounter in entrepreneurial activities. While prior studies have investigated women’s entrepreneurial motivations and barriers, the concept of value co-creation in this context remains insufficiently explored, thereby limiting theoretical development in the field. This conceptual paper develops a model derived from an extensive, critical, and multidisciplinary literature review. The review synthesizes insights from entrepreneurship, management, and network theory to explain how individual dynamic capabilities, opportunity recognition, entrepreneurial orientation, and entrepreneurial networks collectively foster value co-creation among women entrepreneurs. The study identifies four key antecedents of value co-creation: individual dynamic capabilities, opportunity recognition, entrepreneurial orientation, and entrepreneurial networks. It also proposes that value co-creation positively influences business performance. The study introduces an integrative conceptual framework and formulates five testable hypotheses to guide future empirical research. The paper provides theoretical and practical insights for policymakers and entrepreneurship support organizations to enhance women’s entrepreneurial success through value co-creation strategies.