Definition Essay: The Traditional Model Of Open Innovation
Innovation seems to be on everyone's lips, but its definition is not the same for everyone. For some innovation is technology or insight and for others - inventing things that makes life better. One of the best definitions is that innovation means viewing the same things differently. When you discover things that were always there, but suddenly they link in another way and compose new things (Archimede- Eureka). Open innovation is the contrary of the traditional model of vertical integration of innovation where internal research and activities of development conduct to internally developed products that are further sold by the company. Although the Open innovation idea goes back to the 60s, it was for the first time coined in 2003 by Henry Chesbrough and his team, at Berkeley Business School. They defined open innovation as “the use of purposive inflows and outflows of knowledge to accelerate internal innovation, and expand the markets for external use of innovation, respectively”. But this is considered to be a tidy definition, because it stresses both the inflows …show more content…
At the moment, intensive collaboration processes of the participants are located within virtual communities. Within these communities are developed quality products that can compete with products ever created by a traditional process of innovation. One example is the Wikipedia project or software "open-source". In such a community, the initial ideas of the participants are taken up by other members of the community and are designed and developed step by
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1502 Words | 7 PagesAny group of individuals who share a common goal, and who communicate distinctly in efforts to achieve their goal can be referred to as a discourse community. There are certain features that distinguish a discourse community from any other society. In the article, The Concept of a Discourse Community, John Swales identifies a discourse community by six different characteristics that not only describe a discourse community; he also illustrates the process of joining that specific community. In the article Identity, Authority, and Learning to Write in New Work Places, Elizabeth Wardle discusses the engagement process of newcomers into a discourse community. According to Patricia Bizzell, the term discourse community suggests “a community bound
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1298 Words | 6 Pagesthe community as well as how to coordinate events within the community. Members of the association also know the requirements that are necessary to maintain the community. In turn, newcomers in the community, the new property owners, would gain experience through meetings with other members of the association to discuss the guidelines of the association. Discourse communities also contain “participatory mechanisms which are mechanisms used to take the uptake of informational opportunities such as an annual subscription to a magazine that the discourse community releases” (Swales, 1990). Furthermore, “participatory mechanisms” used in this discourse community such as their article in the Padre Island Moon are used to further the goal of the
Shirley Chiisholm: Equal Rights For Women's Speech
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971 Words | 4 PagesAccept or reject innovations In the article Accepting or rejecting innovation written by Jared Diamond, he states the reasons about people accepting or rejecting innovations. The first reason is “relative economic advantage compared with existing technology” which means people will accept the innovations when they think they could make money and save money at the same time. The second reason is “social value and prestige, which can override economic benefit” which means social value could influences whether people will accept the innovations. The last reason is “compatibility with vested interest” which means people will accept or reject the innovations depends on their interests.
Xiaomi's Theory Of Disruptive Innovation
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