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General Information
    • ISSN: 2010-3689
    • Frequency: Bimonthly (2011-2014); Monthly (Since 2015)
    • DOI: 10.18178/IJIET
    • Editor-in-Chief: Prof. Dr. Steve Thatcher
    • Executive Editor: Ms. Nancy Y. Liu
    • Abstracting/ Indexing: EI (INSPEC, IET), Electronic Journals Library, Google Scholar, Crossref and ProQuest
    • E-mail: ijiet@ejournal.net
Editor-in-chief
Prof. Dr. Steve Thatcher
University of South Australia, Australia
It is my honor to be the editor-in-chief of IJIET. The journal publishes good papers which focous on the advanced researches in the field of information and education technology. Hopefully, IJIET will become a recognized journal among the scholars in the filed of information and education technology.
IJIET 2013 Vol.3(3): 388-392 ISSN: 2010-3689
DOI: 10.7763/IJIET.2013.V3.304

Transforming Usual Consumers into Prosumers with the Help of Intellectual Capital Collaboration for Innovation

Monica Izvercian, Sabina Alina Şeran, and Cella-Flavia Buciuman
Abstract—In an extremely competitive global market companies strive for supremacy. The goal is to differentiate from competitors and the key element for success is innovation. But how to innovate in an always changing environment? How to maintain market position with such demanding, price sensitive and informed customers? It seems almost impossible. But nothing is impossible when organizations are making use of their main competitive advantage, their intellectual capital, for transforming passive consumers into prosumers. Prosumers are creative individuals who have a predilection for engaging in activities concerning firms or institutions with which they have a relationship with. They are valuable assets if fully engaged with a company. Therefore, the authors argue that human capital can stay in touch through structural capital with consumers and develop a consumer capital – a relationship with them. If this activity is creative and engaging, a number of consumers can change and become prosumers, providing feedback, creative ideas and information for innovation. Alongside prosumers companies can co-create value which differentiates their offer from competition and establish a relationship of trust and involvement which determines consumer recommendations and influence in the market. The proposed interrelated system can be managed with the scope of transforming consumers into prosumers for innovation purposes.

Index Terms—Co-creation of value, collaborative innovation, intellectual capital, prosumer.

Monica Izvercian, Sabina Alina Seran, and Cella-Flavia Buciuman are with the Politehnica University of Timisoara, 300006 Timisoara, Romania (e-mail: monica.izvercianu@mpt.upt.ro, seran.sabina@yahoo.com, cella.buciuman@mpt.upt.ro).

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Cite:Monica Izvercian, Sabina Alina Şeran, and Cella-Flavia Buciuman, "Transforming Usual Consumers into Prosumers with the Help of Intellectual Capital Collaboration for Innovation," International Journal of Information and Education Technology vol. 3, no. 3, pp. 388-392, 2013.

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