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Collaborative value creation: how arts and business organisations create value for society

Knight, Helena 2015. Collaborative value creation: how arts and business organisations create value for society. PhD Thesis, Cardiff University.
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Since its instigation by patrons supporting struggling artists centuries ago, the relationship between arts and business has been marked by dilemmas of who benefits from the value created. The perceived self-interested regard that blighted the magnanimous acts of the pioneers of arts philanthropy has transformed into outright scepticism with the move towards "selfish capitalism" in the 1970s. Despite the financial assistance, ubiquitous in society is the perception that business exploits the arts for window dressing purposes. The thesis studies value creation through transactional collaboration, focusing on the arts context. The contradictions in the phenomenon are examined to construct an understanding of how the organisations working together can lead to societal betterment . Utilising a multi method interpretive strategy, the thesis presents a conceptual framework of the principles, manifestations and functions of the business partner in societal value creation through transactional arts and business collaboration. The thesis argues that transactional collaboration can and does generate value that can contribute to societal betterment. The stipulations relate to transactional hybrids and collaboration portfolios at the organisational level, and a co-creative response to the process of value creation of beneficiaries. Transient value and cumulative value are two distinct value modes. Cumulative value can induce sustainable societal betterment when business assumes the role of a benefits provider. Human factor and organisational learning condition cumulative societal value creation in transactional collaboration. The Thesis contributes to the literature on cross-sector collaboration. The thesis contributes to the literature on cross-sector collaboration by highlighting the importance hybrid relationships and relationship portfolios in creating societal value in transactional collaboration. It also demonstrates the beneficiary-centric standpoint is a salient factor when developing a holistic understanding of how collaboration contributes to societal betterment. As such, contributions are made to the value creation literature by showing the salience of the co-creative response of the beneficiary to the process of value creation in relational contexts. Managerial and policy implications, and future research avenues are also proposed.

Item Type: Thesis (PhD)
Status: Unpublished
Schools: Business (Including Economics)
Subjects: H Social Sciences > H Social Sciences (General)
Uncontrolled Keywords: Arts and business collaboration, NPO-business collaboration, Collaborative value creation, Societal value creation, Arts value, Socio-sponsorship, Beneficiary-centric analysis, Relational perspective, Collaborative value modes
Funders: Economic and Social Research Council
Date of First Compliant Deposit: 30 March 2016
Last Modified: 21 Oct 2016 05:29

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