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The importance of business model is that it serves as an intermediate link between the technical and economic domains. It should be noted that a firm’s realization of economic value from its technology depends on its choice of business model, rather than from some inherent characteristic of the technology itself. Open innovation is good, but not sufficient alone to make a company profitable, a viable business model must accompany it. The significance of business model is aptly reflected in the words of Dr. Chesbrough, “A mediocre technology pursued within a great business model may be more valuable than a great technology in a mediocre business model...
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Common topics in this essay:
- Mis Go Open Source Case
- Business Utilization of Open Source Software
- Database Comparison of SQL Server 2000, Access, MySQL, DB2, and Oracle
- Free Software Vs. Open Source
- MySQL and Open Source
- Open Source Debate
- Open Source Software versus Closed Source Software
- Open Source Software
- Open Source Software
- Open Source Strategies
- Open Source, wikipedia
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- Open Source: Good and Bad
- The Advantages of Open Source Software
- The Future of Open Source
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