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Exploring multi-stakeholder value co-creation as an entrepreneurial approach to survival and sustainability: The case of Pennine Pubs

Brown, David; Apostolidis, Chrysostomos; Singh, Pallavi; Dey, Bidit L; Chelekis, Jessica

Exploring multi-stakeholder value co-creation as an entrepreneurial approach to survival and sustainability: The case of Pennine Pubs Thumbnail


Authors

David Brown

Pallavi Singh

Bidit L Dey

Jessica Chelekis



Abstract

This case focuses on the entrepreneurial use of multi-stakeholder value co-creation to emerge stronger from challenging trading conditions. In particular, it examines Pennine Pubs, a small- / medium-sized enterprise (SME) operating several rural public houses, which are licensed to sell food and alcoholic drinks to guests. Based in Northern England, it has adapted commercial strategies to mitigate government-enforced Covid-19 lockdowns. Pennine Pubs’ Managing Director is currently considering how to build upon the multi-stakeholder value co-creation strategy which emerged quickly immediately before and during the first lockdown period, when customers were prohibited from visiting pubs. He expects the outcome to be a more refined and sustainable commercial strategy which retains the most significant benefits of his lockdown-period innovations. The case considers how co-creation is applied as a reaction to unforeseen business challenges, and how it can underpin proactive strategies to capitalise upon favourable trading conditions. The concept is explored in the context of rapidly evolving, unpredictable, and highly problematic constraints upon retail trade, and the ‘new normal’ of customers returning to retail premises, albeit with expectations modified by recent experiences. Finally, the case considers the impact of SMEs collaborating with suppliers, customers and other stakeholders to co-create mutual, commercially sustainable value.

Citation

Brown, D., Apostolidis, C., Singh, P., Dey, B. L., & Chelekis, J. (2022). Exploring multi-stakeholder value co-creation as an entrepreneurial approach to survival and sustainability: The case of Pennine Pubs. International Journal of Entrepreneurship and Innovation, https://doi.org/10.1177/14657503221145101

Journal Article Type Article
Acceptance Date Nov 24, 2022
Online Publication Date Dec 15, 2022
Publication Date 2022
Deposit Date Dec 6, 2022
Publicly Available Date Dec 6, 2022
Journal International Journal of Entrepreneurship and Innovation
Print ISSN 1465-7503
Electronic ISSN 2043-6882
Publisher SAGE Publications
Peer Reviewed Peer Reviewed
DOI https://doi.org/10.1177/14657503221145101
Public URL https://durham-repository.worktribe.com/output/1184549

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