Beyond free software: An exploration of the business value of strategic open source

Morgan, Lorraine; Finnegan, Patrick

doi:10.1016/j.jsis.2014.07.001

Cited by 46 publications

(38 citation statements)

References 35 publications

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“…In line with the observation that the importance of value creation by consumers continues to grow (Shen et al, 2019), more insight is necessary to understand how consumers create and capture value based on their provided personal data (Baden-Fuller et al, 2017;Morgan & Finnegan, 2014;Yrjölä et al, 2017;Zyskind et al, 2015). The thesis builds on the perspective of consumers, as until now this has been largely ignored.…”

Section: Purpose and Research Questionsmentioning

confidence: 99%

“…Also, Grönroos (2011) emphasized that both consumers and businesses are involved in the value creation process and Still et al (2017) added that it mainly is new technology, processes and consumers that are the driving sources of value creation on the Internet. The concept of value creation has traditionally been considered as the ability of a business to identify a value proposition for a relevant customer segment (Morgan & Finnegan, 2014). However, a problem with value creation is that it often is confused with the process of value capture (Lepak et al, 2007).…”

Section: Valuementioning

confidence: 99%

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Mind Your Own Business : Understanding and characterizing valuecreated by consumers in a digital economy

Mileros

2020

Linköping Studies in Science and Technology. Licentiate Thesis

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In the context of what is commonly referred to as consumer-centric digital economy, personal data has become the new currency which is utilized by consumers to be granted access to seemingly "free apps" within so-called digital zero-price markets. Simultaneously, there are consumers, known as "content creators", who can generate million-dollar revenues annually. The current understanding of how consumers create and capture value within this new digital economy is scarce and more research is needed to systematically build a basis for creating an understanding of value creation and capture in the consumer-centric digital economy, based on a consumer perspective. The purpose of this dissertation is consequently to explore how consumers create and capture value within a consumer-centric digital economy. The explorative study also serves to obtain an initial overview of the phenomenon and the widely dispersed literature which spans different research fields. The collected data constitute more than 500 articles in combination with empirical data collected from websites. Based on the current literature, central concepts related to consumer-centric digital economy are explained. These include for instance Web 2.0, user-generated content and the consumerto-business relationship. The different concepts are discussed in relation to each other and a trend analysis shows that these concepts are on the rise and have become increasingly popular. The results show that consumers within the digital economy may take different roles, and some create value as business-oriented consumers (i.e., consumers who have a commercial interest). For instance, they make a business out of their participation in the digital economy. Examples are YouTubers, bloggers or creators in virtual worlds such as Second Life. Another, probably larger category is characterized as traditional consumers, for instance they participate in the digital economy through their use of seemingly "free" apps but do not reap any direct monetary benefits. By sharing their personal data, they take part in value creation in a more passive way. The findings also indicate that the level of control, e.g. determined by whether or not value is created within the digital platform, may characterize the prerequisites for value capture. Based on this, a taxonomy for value creation and value capture by consumers in the digital economy is developed. The study also identifies different business model types for business-oriented consumers.

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Section: Purpose and Research Questionsmentioning

confidence: 99%

Section: Valuementioning

confidence: 99%

Mind Your Own Business : Understanding and characterizing valuecreated by consumers in a digital economy

Mileros

2020

Linköping Studies in Science and Technology. Licentiate Thesis

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“…For example, Hornibrooks and colleagues (2015) found that putting "…carbon labels on supermarket own brand products has had no discernible impact on shifting demand to lower carbon products". (Morgan & Finnegan, 2014).…”

Section: Small-scale Community Sustainability Transitions Are Recognimentioning

confidence: 99%

Designing a Business Model for Environmental Monitoring Services Using Fast MCDS Innovation Support Tools

Eskelinen¹,

Räsänen²,

Santti³

et al. 2017

TIM Review

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“…To enhance the usability of open data, the solutions considered in this study were limited to the application of open software solutions. Morgan and Finnegan (2014) studied the benefits of open source software, stating that the most important benefits are: high reliability and stability, lower costs, user support from the experts in the online community, flexibility in terms of customization, and avoidance of vendor lock-in.…”

Section: Introductionmentioning

confidence: 99%

“…Superior knowledge can be obtained when the engineers of a firm work as part of a development team of a community that gives the firm access to knowledge outside their own areas of expertise. This access also provides the flexibility of using new technologies and selecting the most suitable open software components to fulfill any development needs (Morgan & Finnegan, 2014).…”

Section: Introductionmentioning

confidence: 99%

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2017

TIM Review

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Except where otherwise noted, all content is licensed under a Creative Commons Attribution 3.0 License. The PDF version is created withScribus, an open source desktop publishing program. OverviewThe Technology Innovation Management Review (TIM Review) provides insights about the issues and emerging trends relevant to launching and growing technology businesses. The TIM Review focuses on the theories, strategies, and tools that help small and large technology companies succeed.Our readers are looking for practical ideas they can apply within their own organizations. The TIM Review brings together diverse viewpoints -from academics, entrepreneurs, companies of all sizes, the public sector, the community sector, and others -to bridge the gap between theory and practice. In particular, we focus on the topics of technology and global entrepreneurship in small and large companies.We welcome input from readers into upcoming themes. Please visit timreview.ca to suggest themes and nominate authors and guest editors. ContributeContribute to the TIM Review in the following ways:• Read and comment on articles.• Review the upcoming themes and tell us what topics you would like to see covered.• Write an article for a future issue; see the author guidelines and editorial process for details.• Recommend colleagues as authors or guest editors.• Give feedback on the website or any other aspect of this publication.• Sponsor or advertise in the TIM Review.• Tell a friend or colleague about the TIM Review.Please contact the Editor if you have any questions or comments: timreview.ca/contact About TIMThe TIM Review has international contributors and readers, and it is published in association with the Technology Innovation Management program (TIM; timprogram.ca), an international graduate program at Carleton University in Ottawa, Canada. Technology Innovation Management ReviewNovember 2017 (Volume 7, Issue 11) 3 timreview.caThe fourth article is by Tuomo Eskelinen, Teemu Räsänen, Ulla Santti, Ari Happonen, and Miika Kajanus, who used action research methods to discover new business opportunities for an environmental monitoring service relying on open data. They applied a four-stage innovation process for industry, which included context definition, idea generation, and selection, and produced multi-criteria decision support (MCDS) data to help design a new business model. Their business model creation process can help businesses find new ideas based on open data, turn them into business models, and then improve those models using a participative approach.Finally, Haven Allahar analyzes the role of open access in the domain of academic publishing from the perspective of disruptive innovation. Following a characterization of the traditional journal publishing system, Allahar describes the evolving phenomenon of open access models on journal publishing, the nature and extent of open access as a disruptive innovation, and the implications for key stakeholders.In December, we feature articles based on papers presented at the 2017 ISPIM ...

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Beyond free software: An exploration of the business value of strategic open source

Cited by 46 publications

References 35 publications

Mind Your Own Business : Understanding and characterizing valuecreated by consumers in a digital economy

Mind Your Own Business : Understanding and characterizing valuecreated by consumers in a digital economy

Designing a Business Model for Environmental Monitoring Services Using Fast MCDS Innovation Support Tools

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