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Business Model Design Compass

Open Innovation Funnel to Schumpeterian New Combination Business Model Developing Circle

  • Book
  • © 2017

Overview

Authors:
  1. JinHyo Joseph Yun

    1. Tenured Researcher of DGIST and Professor of Open Innovation Academy of SOItmC, Daegu, Korea (Republic of)

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  • Explores the open relationship between technology and markets and establishes a crucial link between them
  • Introduces entrepreneurs to the developing-circle based business model
  • Considers the entire process of open innovation for creating concrete business models
  • Demonstrates how to create new business models from the perspectives of a customers, users, social entrepreneurs, and engineers

Part of the book series: Management for Professionals (MANAGPROF)

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Table of contents (14 chapters)

  1. Front Matter

    Pages i-xvi
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  2. Introduction

    1. Front Matter

      Pages 1-1
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    2. Introduction

      • JinHyo Joseph Yun
      Pages 3-14

  3. Open Innovation in an Economic System and the National Innovation System

    1. Front Matter

      Pages 15-15
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    2. Dynamics of the Open Innovation Economy System

      • JinHyo Joseph Yun
      Pages 17-40

    3. Economic Effects of Open Innovation

      • JinHyo Joseph Yun
      Pages 41-48

    4. Open Innovation Policy in National Innovation System

      • JinHyo Joseph Yun
      Pages 49-60

  4. Open Innovation Strategy of Firm

    1. Front Matter

      Pages 61-61
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    2. Concept, Structures, and Decision Factors of Open Innovation

      • JinHyo Joseph Yun
      Pages 63-85

    3. Real Contents and Channels of Open Innovation

      • JinHyo Joseph Yun
      Pages 87-98

    4. Dynamics of Open Innovation

      • JinHyo Joseph Yun
      Pages 99-117

  5. Relation Between Open Innovation and Business Model

    1. Front Matter

      Pages 119-119
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    2. The Relationship Between Open Innovation, Entrepreneurship, and Business Model

      • JinHyo Joseph Yun
      Pages 121-131

    3. Business Model and Open Innovation Conditions for the Sustainable Growth of SMEs

      • JinHyo Joseph Yun
      Pages 133-147

  6. Developing a Business Model

    1. Front Matter

      Pages 149-149
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    2. The Way from Open Innovation to Business Model

      • JinHyo Joseph Yun
      Pages 151-162

    3. Customer Open Innovation-Based Business Model Developing Circle

      • JinHyo Joseph Yun
      Pages 163-177

    4. User Open Innovation-Based Business Model Developing Circle

      • JinHyo Joseph Yun
      Pages 179-198

    5. Engineer Open Innovation-Based Business Model Developing Circle

      • JinHyo Joseph Yun
      Pages 199-216

    6. Social Entrepreneur Open Innovation-Based Business Model Developing Circle

      • JinHyo Joseph Yun
      Pages 217-230
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Keywords

About this book

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.


Authors and Affiliations

  • Tenured Researcher of DGIST and Professor of Open Innovation Academy of SOItmC, Daegu, Korea (Republic of)

    JinHyo Joseph Yun

About the author

JinHyo Joseph Yun, PhD, is a professor of Open Innovation Academy of SOItmC(Society of Open Innovation: Technology, Market, and Complexity, www.openinnovaitontmc.org) , and a tenured principal researcher of DGIST which is one of Korea’s three leading national research and development universities.  His major research topic is new combination, and open relationship between technology and markets, referred to as Schumpeterian Open Innovation. Dr. Yun is also an authority on the new combination between technology and markets, referred to as Open Business Model. He has presented more than 100 papers at diverse international conferences, and has published more than 60 papers at several global top journal. He has published more than 10 books, both monographs and collaborative books. He is the editor in chief of Journal of Open Innovation: Technology, Market, and Complexity(JOItmC, www.jopeninnovation.com) which is the global reprehensive journal in open innovation, open business model, and cyber-physics In addition, he is an associate editor of Asia Pacific Journal of Innovation and Entrepreneurship (APJIE) and Journal of Korea Entrepreneurship. 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 the president of the Society of Open Innovation: Technology, Market, and Complexity(SOItmC) which is world top society in open innovation, open business model, and cyber-physics with World Open Innovation Forum whose founder is Professor Henry Chesbrough..

Bibliographic Information

  • Book Title: Business Model Design Compass

  • Book Subtitle: Open Innovation Funnel to Schumpeterian New Combination Business Model Developing Circle

  • Authors: JinHyo Joseph Yun

  • Series Title: Management for Professionals

  • DOI: https://doi.org/10.1007/978-981-10-4128-0

  • Publisher: Springer Singapore

  • eBook Packages: Business and Management, Business and Management (R0)

  • Copyright Information: Springer Nature Singapore Pte Ltd. 2017

  • Hardcover ISBN: 978-981-10-4126-6Published: 18 May 2017

  • Softcover ISBN: 978-981-13-5056-6Published: 12 December 2018

  • eBook ISBN: 978-981-10-4128-0Published: 10 May 2017

  • Series ISSN: 2192-8096

  • Series E-ISSN: 2192-810X

  • Edition Number: 1

  • Number of Pages: XVI, 232

  • Number of Illustrations: 71 b/w illustrations

  • Topics: Entrepreneurship, Complexity, Innovation/Technology Management, Management

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