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What does cocreation mean?

Looking for the meaning or definition of the word cocreation? Here's what it means.

Noun
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In sponsored cocreation, companies attract their customers to generate and evaluate ideas, codevelop new products, and promote the existing goods and services.
Instead of being just passive recipients of products, they can actively participate with the producers in the cocreation of value.
Cocreation, providing spaces for dialogue, and seconding personnel across sectors were identified as valuable approaches.
In the open innovation initiative, members of the public, as well as existing and potential customers, can be drawn in, if desired, to enable the cocreation of new products or projection of future outcomes.
Parse states that humans participate with the universe in the cocreation of health, as they live rhythmical patterning of the human-environment interrelationship.
The rise of digital networks enables cocreation and innovation eco-systems Technology is critical.

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