How companies capture value from open design

Christina Raasch, Cornelius Herstatt

Research output: Contribution to journalArticlepeer-review

10 Scopus citations

Abstract

Today, it is generally acknowledged that substantial value can be generated in online or offline developer communities external to the firm. What is less understood is how this value can be captured by commercial companies within viable business models. In this paper, we investigate business models in the field of open design, i.e., the development of tangible products according to the open source model. Our analysis rests on a pool of 30 open design projects. We find that four stylised business models can be observed in open design. They employ several value isolating mechanisms that enable profit-oriented commercial offerings in ‘extremely open’ settings, such as open design.

Original languageEnglish
Pages (from-to)39-53
Number of pages15
JournalInternational Journal of Information and Decision Sciences
Volume3
Issue number1
DOIs
StatePublished - 2011
Externally publishedYes

Keywords

  • OSS
  • business model
  • open design
  • open source software
  • taxonomy
  • value capture

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