How companies capture value from open design
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In: International Journal of Information and Decision Sciences, Vol. 3, No. 1, 2011, p. 39-53.
Research output: Journal contributions › Journal articles › Research › peer-review
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TY - JOUR
T1 - How companies capture value from open design
AU - Raasch, Christina
AU - Herstatt, Cornelius
PY - 2011
Y1 - 2011
N2 - Today, it is generally acknowledged that substantial value can be generated in online or offline developer communities external to the firm. What is less understood is how this value can be captured by commercial companies within viable business models. In this paper, we investigate business models in the field of open design, i.e., the development of tangible products according to the open source model. Our analysis rests on a pool of 30 open design projects. We find that four stylised business models can be observed in open design. They employ several value isolating mechanisms that enable profit-oriented commercial offerings in ‘extremely open’ settings, such as open design.
AB - Today, it is generally acknowledged that substantial value can be generated in online or offline developer communities external to the firm. What is less understood is how this value can be captured by commercial companies within viable business models. In this paper, we investigate business models in the field of open design, i.e., the development of tangible products according to the open source model. Our analysis rests on a pool of 30 open design projects. We find that four stylised business models can be observed in open design. They employ several value isolating mechanisms that enable profit-oriented commercial offerings in ‘extremely open’ settings, such as open design.
KW - business model
KW - open design
KW - open source software
KW - OSS
KW - taxonomy
KW - value capture
KW - Management studies
UR - http://www.scopus.com/inward/record.url?scp=84893296562&partnerID=8YFLogxK
U2 - 10.1504/ijids.2011.038840
DO - 10.1504/ijids.2011.038840
M3 - Journal articles
AN - SCOPUS:84893296562
VL - 3
SP - 39
EP - 53
JO - International Journal of Information and Decision Sciences
JF - International Journal of Information and Decision Sciences
SN - 1756-7017
IS - 1
ER -