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The Way from Open Innovation to Business Model

  • JinHyo Joseph Yun
Chapter
Part of the Management for Professionals book series (MANAGPROF)

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 

References

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Copyright information

© Springer Nature Singapore Pte Ltd. 2017

Authors and Affiliations

  • JinHyo Joseph Yun
    • 1
  1. 1.Tenured Researcher of DGIST and Professor of Open Innovation Academy of SOItmCDaeguKorea, Republic of (South Korea)

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