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Front-end value co-creation in housing development projects

Construction management and economics, 2021-03, Vol.39 (3), p.245-260 [Peer Reviewed Journal]

2020 The Author(s). Published by Informa UK Limited, trading as Taylor & Francis Group. 2020 ;ISSN: 0144-6193 ;ISSN: 1466-433X ;EISSN: 1466-433X ;DOI: 10.1080/01446193.2020.1851037

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  • Title:
    Front-end value co-creation in housing development projects
  • Author: Candel, Melissa ; Karrbom Gustavsson, Tina ; Eriksson, Per-Erik
  • Subjects: conflict management ; Fastigheter och byggande ; front-end ; housing developers ; municipalities ; Real Estate and Construction Management ; Value co-creation/co-destruction ; value propositions
  • Is Part Of: Construction management and economics, 2021-03, Vol.39 (3), p.245-260
  • Description: As a result of local governance, municipalities and housing developers work together to define housing development projects and to co-create value propositions. The purpose of this study is to explore how value propositions are co-created during the front-end of housing development projects and how this affects housing developers' ability to drive change and innovation. The value co-creation process is explored through interviews, documents and observations in a case study of an urban development programme in Sweden. The findings illustrate how emerging conflicts and the process of resolving them are central drivers for value co-creation between these actors. However, conflicts that are not managed and resolved constructively can lead to the co-destruction of value. In this study we illustrate how value co-creation processes that precede procurement limit the flexibility of housing developers and determine the scope for value that can be realised.
  • Publisher: Routledge
  • Language: English
  • Identifier: ISSN: 0144-6193
    ISSN: 1466-433X
    EISSN: 1466-433X
    DOI: 10.1080/01446193.2020.1851037
  • Source: Taylor & Francis Open Access
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