Value Co-Creation in Digital Ecosystems: A Systematic Literature Review and Bibliometric Analysis

Rani Arifah Normawati (Akademi Komunitas Negeri Putra Sang Fajar, Blitar, Indonesia)
Anna Widayani (Akademi Komunitas Negeri Putra Sang Fajar, Blitar, Indonesia)
Eko Esti Santoso (Universitas Islam Al Azhar Mataram, Indonesia)

Jurnal Manajemen Teori dan Terapan
Vol. 19 No. 2 (2026): In progress (August 2026)

Objective: This study aims to systematically examine and map the development of the literature on value co-creation in digital ecosystems. Design/Methods/Approach: This study employs a Systematic Literature Review (SLR) following the PRISMA guidelines. A total of 81 Scopus-indexed journal articles published between 2016 and 2026 were analyzed using Biblioshiny for bibliometric analysis and qualitative content analysis to synthesize the findings reported in the literature. Originality/Value: This study provides a comprehensive synthesis of value co-creation in digital ecosystems by integrating a systematic literature review and bibliometric analysis. Unlike previous studies that examined value co-creation in broader contexts, this study specifically focuses on digital ecosystems and offers a structured understanding of the intellectual foundations, research trends, key actors, antecedents, and outcomes of value co-creation. Findings: The findings indicate that research on value co-creation in digital ecosystems continues to evolve and attract increasing scholarly attention, although quantitative studies remain limited. Value co-creation is identified as a multi-actor process driven by technological and platform, governance and institutional, actor interaction and social relational, organizational capability, and environmental and contextual factors. The findings also reveal that value co-creation generates ambivalent outcomes, creating positive value for firms, customers, innovation, markets, and ecosystems while also having the potential to result in value co-destruction. Practical/Policy Implications: The findings suggest that organizations should develop digital platforms not only as transaction channels but also as collaborative ecosystems that facilitate resource integration among actors to foster sustainable value co-creation. From an academic perspective, this study provides a comprehensive overview of value co-creation research in digital ecosystems and proposes a research agenda for future studies, particularly by encouraging quantitative approaches to empirically examine the relationships among antecedent variables, the value co-creation process, and outcomes across various digital ecosystem contexts.