Dr. Katariina Juusola is an Associate Professor in the Department of Marketing at Ajman University. She holds a Ph.D. and an M.Sc. in Economics and Business Administration from Finland. Her research focuses on nation branding and interdisciplinary studies on management education, internationalization of higher education, and education policy. Dr. Juusola's work has been published in leading international academic journals in the fields of management and marketing, including Academy of Management Learning & Education, Organization, Journal of Management Inquiry, and International Marketing Review. Her research has also garnered attention in the Financial Times, as well as being featured in press releases by the Academy of Management and Times Higher Education, highlighting its impact beyond academia. Dr. Juusola's research has earned prestigious international awards, including “Outstanding Article of the Year 2014” in Academy of Management Learning and Education and “Best Critical Management Learning and Education Paper” by the Academy of Management's Critical Management Studies Division in 2016.
Nation branding has gained increasing popularity among marketeers, academics, and practitioners during recent decades. However, awareness among multidisciplinary researchers has been raised in the recent past. The purposes of this conceptual study were to address the lack of research on the process of building a competitive identity for nation brands and to suggest the use of open innovation-based approaches, such as value co-creation, as new potential tools for such purposes. This study identifies, discusses, and evaluates two scientific models, the PERFA Framework and the Four Actions Framework, which were originally developed to increase value propositions in organizations, and applies them as suitable tools for nation branding in building a competitive identity. The authors argue that applying open innovation-based value co-creation frameworks will create a solid basis for competitive nation branding, as the method engages multiple stakeholders.