The Way from Open Innovation to Business Model

JinHyo Joseph Yun
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JinHyo Joseph Yun: Tenured Researcher of DGIST and Professor of Open Innovation Academy of SOItmC

Chapter 10 in Business Model Design Compass, 2017, pp 151-162 from Springer

Abstract: Abstract This chapter has five goals. The first of these is to look into the relationship between open innovation (OI) and business models (BMs). Second, it seeks to analyze business models as a combination of technology and the market. Third, it will explain the four perspectives of business models from OI knowledge funnel. The fourth is to understand the five key factors of business models from “the principle of the Five Ws and One H.” Fifth and last, it seeks to discuss good habits for developing the capabilities of business models.

Keywords: Open innovation; Business model; New combination (search for similar items in EconPapers)
Date: 2017
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Persistent link: https://EconPapers.repec.org/RePEc:spr:mgmchp:978-981-10-4128-0_10

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DOI: 10.1007/978-981-10-4128-0_10

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