Deciding on Open Innovation: An Exploration of How Firms Create and Capture Value with Open Source Software

Abstract

Open innovation is a paradigm that proposes that firms can and should use external as well as internal innovations/ideas. A popular example of open innovation has been open source software (OSS

Implications of Openness: A Study into (All) the Growing Literature on Open Innovation

“…Value creation forces are found in creative individuals, innovation communities, collaborative initiatives with other companies, suppliers government organizations and academia (Chesbrough and Appleyard, 2007;Morgan and Finnegan 2008).…”

“…Besides customer communities there are also the open standards community discussed by (Waguespack and Fleming 2009) and open source software (OSS) communities (Morgan and Finnegan 2008). This links to an enormous field of research which is highly related to the open innovation research but is not in focus for this paper.…”

“…Finally, other strategies concern collaboration with communities, other companies (alliances) and customers, suppliers, government and universities Morgan and Finnegan (2008); all these apply for both exploration and exploitation strategies.…”

Enabling the Mapping of Internet of Things Ecosystem Business Models Through Roles and Activities in Value Co-creation

“…Even greater benefits can be attained through implementing open standards that enable full scalability of developed models, and exploitation of created value. Open source software (OSS) technologies have been considered the major driver for scalability of innovations [11]. Related business models rely on approximation and complementarity to other resources like human capital or proprietary products and services.…”

“…Despite the rapid maturing of the technologies, their commercial adaptation remains limited. Consequently, the literature on customer value creation in OSS is still very new and few authors have addressed the creation of value in the OSS development model, with the exception of West [14] and Morgan & Finnegan [11]. The main limitations include technical barriers like interoperability, application programming interface (API) compatibility and integration challenges.…”