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Business Model Design Compass Open Innovation Funnel to Schumpeterian New Combination Business Model Developing Circle

:	JinHyo Joseph Yun
:	Business Model Design Compass Open Innovation Funnel to Schumpeterian New Combination Business Model Developing Circle
:	Springer-Verlag
:	9789811041280
:	1
:	CHF 85.90
:

:	Betriebswirtschaft
:	English

:	238
:	Wasserzeichen/DRM
:	PC/MAC/eReader/Tablet
:	PDF

This book reveals how open innovation utilizes the developing circle of business models to establish new ones that define a unique link between technology and markets, focusing on how to develop and maintain successful business models. It draws readers into the philosophy and economic effects of open innovation from the outset.It presents four different developing circle business models for customers in the role of consumers, entrepreneurs, social entrepreneurs and engineers respectively, enabling each group to develop, utilize and enlarge creative business models, and even switch business models.In addition to these four circles, it takes a systemic approach to describe the relationship between technology and markets. From this relationship an open innovation strategy towards entrepreneurship can be adopted. From Open Innovation to a Creative Developing-Circle Business Model is an essential resource for start-up entrepreneurs, as well as for students of technology management, strategy and open innovation.

JinHyo Joseph Yun, PhD, is a tenured senior researcher and professor of DGIST, one of Korea's three leading national research and development universities, along with KAIST and GIST. His major research topic is the open relationship between technology and markets, referred to as Open Innovation. Dr. Yun is also an authority on the connection between creative technology and markets, referred to as Open Business Model. He has presented more than 30 papers at diverse international conferences, and has published more than 20 papers. He has published more than 10 books, both monographs and collaborative books. He is associate editor of Asia Pacific Journal of Innovation and Entrepreneurship (APJIE) and Journal of Korea Entrepreneurship. He is a guest editor of both International Journal of Knowledge Based Development and APJIE. He also serves on the editorial boards of three journals: Journal of Commerce and Information Review, Journal of Technology Innovation, and Journal of Innovation Cluster. He currently is helping build the Society of Open Innovation: Technology, Market, and Complexity.

	Preface	6
	Acknowledgment	8
	Contents	9
	Recommendation	15
	Part I: Introduction	17
	1: Introduction	18
	1.1 The Requirements and Method to Vitalize Open Innovation	19
	1.1.1 Why Do We Need Open Innovation?	19
	1.1.2 How Can We Vitalize Open Innovation at the National Level or Higher?	20
	1.2 Locus of Open Innovation	21
	1.3 Concrete Existence of Open Innovation	23
	1.3.1 Diverse Measures of Open Innovation	23
	1.3.2 New Measure of Open Innovation	25
	References	27
	Part II: Open Innovation in an Economic System and the National Innovation System	30
	2: Dynamics of the Open Innovation Economy System	31
	2.1 Introduction	32
	2.1.1 Capitalism Has Arrived at Its Growth Limits	32
	2.1.2 How Do We Conquer the Growth Limits of Capitalism?	33
	2.2 Reasons Behind the Growth Limits of Capitalism: Findings from the Literature	33
	2.2.1 Discussion in the Nineteenth Century and Early Twentieth Century	34
	2.2.2 Discussion in the Late Twentieth Century and Early Twenty-first Century	35
	2.2.3 Discussion of the Growth Limits of Capitalism in Korea	36
	2.3 Economy Model to Conquer the Growth Limit of Capitalism	38
	2.3.1 Open Innovation Economic System with a Good Balance Between Three Subeconomies	38
	2.3.2 Three Interactive Relationships in Open Innovation Economy System	40
	2.3.3 Theoretical Validation of the Dynamics of Open Innovation Economy System	43
	2.4 Simulation of the Dynamics of Open Innovation Economy System	45
	2.4.1 Natural Life Cycle	45
	2.4.2 Low-Speed and High-Speed Cases	46
	2.5 Schumpeterian Dynamics	50
	2.5.1 Schumpeterian Dynamics of Open Innovation Economy System	50
	2.5.2 New Combinations as the Core in Schumpeterian Dynamics	51
	2.5.3 Four Agencies in Schumpeterian Dynamics	52
	References	52
	3: Economic Effects of Open Innovation	55
	3.1 Introduction	55
	3.2 Phenomena of Open Innovation	57
	3.2.1 Long-Tailed Phenomena	57
	3.2.2 App Store Phenomena	58
	3.3 Economic Effects of Open Innovation	59
	3.3.1 Marginal Product Increasing	59
	3.3.2 Economy of Diversity	60
	3.3.3 X-Efficiency Enhancement	60
	References	61
	4: Open Innovation Policy in National Innovation System	63
	4.1 Introduction	64
	4.2 Open Innovation Policy	64
	4.3 National Innovation System Dynamic Model of Open Innovation Policy	66
	4.3.1 Model Building	66
	4.3.2 Different Levels of Open Innovation Policy	67
	4.4 Scope of Open Innovation Policy	69
	4.5 Issues of Open Innovation Policies	70
	4.5.1 Open Innovation as a Democratizing Innovation	70
	4.5.2 Open Innovation Is “Very Unique”	71
	4.5.3 Open Innovation Needs Enough R	71
	71	71
	4.6 Conclusion	72
	References	73
	Part III: Open Innovation Strategy of Firm	75
	5: Concept, Structures, and Decision Factors of Open Innovation	76
	5.1 Emergence of Open Innovation	77
	5.2 The Structure of Open Innovation	79
	5.3 Factors of Open Innovation of SMEs	80
	5.4 The Difference of Open Innovation According to Product Life Cycle	82
	5.4.1 Product Life Cycle	82
	5.4.2 Level of Open Innovation According to the Product Life Cycle at Sectorial Innovation System Level	83
	5.4.3 Difference of Open Innovation Effect According to the Product Life Cycle at the Firm Level	85
	5.4.4 Rethinking the Relationship Between Open Innovation and Product Life Cycle	85
	5.5 The Role of Internal Open Innovation Attitude	87
	5.5.1 Internal Open Innovation Attitude	87
	5.5.2 Deep Relation Between Internal Open Innovation Attitude and External Open Innovation	88
	5.5.3 The Function of Internal Open Innovation Attitude to External Open Innovation	89
	5.6 The Difference in Open Innovation Depending on Whether a Firm Is Modular or Not	90
	5.6.1 The Relation Between Module and Open Innovation	90
	5.6.2 The Difference in Open Innovation in Interdependent or Modular Architecture	90
	5.7 The Difference in Open Innovation According to Regional Innovation Systems or Clusters	94
	References	96
	6: Real Contents and Channels of Open Innovation	99
	6.1 Introduction	100
	6.2 Open Innovations of Fuel Cell SMEs	100
	6.2.1 Contents and Channels of Open Innovation by YLJO	100
	6.2.2 Contents and Channels of Open Innovation by DSN	101
	6.2.3 Contents and Channels of Open Innovation by OT	102
	6.3 Open Innovation of SMEs in Medical Instruments and Intelligent Robot Industries	103
	6.3.1 Contents and Channels of Open Innovation by OGV	103
	6.3.2 Contents and Channels of Open Innovation by DTS	104
	6.3.3 Contents and Channels of Open Innovation by YJM	105
	6.4 Closed Innovation of SMEs	107
	6.4.1 Cases of Closed Open Innovation of Large-Scale Process Industries	107
	6.4.2 Risks of Self R	107
	108	107
	6.4.3 Closed Innovation of Local Subsidiary Company of Original Technology-Based Industry	108
	References	110
	7: Dynamics of Open Innovation	111
	7.1 Introduction	111
	7.2 Model Building	115
	7.3 Construction of OCE Model	119
	7.3.1 Open Innovation in the OC