Luxury: Landscape of Business Administration
Vol. 3 No. 1 (2025): Luxury: Landscape of Business Administration

Digital Innovation Capability and Customer Value Co-Creation on New Product Performance with Digital Transformation Maturity as a Moderating Variable in Trading Companies in Indonesia

Fransisca, Luciana (Unknown)
Renaldo, Nicholas (Unknown)
Chandra, Teddy (Unknown)
Augustine, Yvonne (Unknown)
Musa, Sulaiman (Unknown)



Article Info

Publish Date
31 Jan 2025

Abstract

This study investigates how digital innovation capability and customer value co-creation influence the performance of new products, with digital transformation maturity serving as a moderating variable. The novelty of this research is the development of indicators, especially on the variable of co-creation of customer value. This quantitative research will collect data using a structured questionnaire, employing a 6-point Likert scale. The data will be analyzed using Structural Equation Modeling (SEM) to examine the relationships between variables and test the proposed hypotheses. The sample size will be a minimum of 155 respondents. The findings confirm that Digital Innovation Capability and Customer Value Co-Creation positively influence New Product Performance. However, Digital Transformation Maturity does not strengthen these relationships, suggesting that high levels of digital maturity may introduce rigidity, reduce human-led innovation, and shift focus toward efficiency rather than customer engagement. Future studies should compare different industries (manufacturing, services, technology) to explore whether digital transformation maturity has varying effects on product performance. Future research should track the long-term impact of digital innovation and customer co-creation on new product success over multiple years.

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Journal Info

Abbrev

luxury

Publisher

Subject

Economics, Econometrics & Finance Social Sciences

Description

Luxury: Landscape of Business Administration is a research journal that aims to investigate and analyze phenomena in the context of business administration. This topic can cover various aspects related to the industry, such as brand management, marketing strategy, supply chain management, customer ...