In order to quantify the value creation of Living Labs and their networks, a set of value-adding services has been derived. During the course of CoreLabs’ project activities in co-operation with emerging and established Living Labs, some pertinent questions regarding the service benefits of Living Labs were posed. Based on experiences and requirements of Living Labs and relevant experts, a classified set of appropriate services have been identified that can be used to steer new Living Labs or inspire established Living Labs. The classification of services is as follows: Collaborative Innovation, Validation & Demonstration, Stakeholder specific and Organisational. The methodologies used and detailed results of this service study are outlined as part of the paper