scholarly journals Does Open Source Hardware Have a Sustainable Business Model? An Analysis of Value Creation and Capture Mechanisms in Open Source Hardware Companies

Author(s):  
Zhuoxuan Li ◽  
Warren Seering

AbstractAnalyzing value creation and capture mechanisms of open source hardware startup companies, this paper illustrates how an open source strategy can make economical sense for hardware startups. By interviewing 37 open source hardware company leaders, 12 company community members as well as analyzing forum data of 3 open source hardware companies; we realize that by open sourcing the design of hardware, a company can naturally establish its community, which is a key element for a company's success. Establishing a community can increase customer perceived value, decrease product development and sales cost, shorten product go-to-market time, and incubate startups with knowledge, experience and resources. These advantages can compensate for the risks associated with open source strategies and can make open source design a viable product development strategy for hardware startups.

2016 ◽  
Vol 44 (6) ◽  
pp. 660-684 ◽  
Author(s):  
Constantine S. Katsikeas ◽  
Constantinos N. Leonidou ◽  
Athina Zeriti

The Winners ◽  
2008 ◽  
Vol 9 (1) ◽  
pp. 74
Author(s):  
Robert Tang Herman

Article to describe how to develop a strategic flexibility as company responses and strategy in facing the government regulation of Standard Euro 2. Article also discussed the new product development concept based on market perspective. Research analysis was a descriptive statistic with a simple random sampling from a number of populations. The result describes that the government regulation of Standard Euro2 is supported and positively responses by industry and market. In spite of this, strategic flexibility is an approach to reach industry competitive advantage in term of product development strategy.


2020 ◽  
Vol 1 ◽  
pp. 997-1006
Author(s):  
R. Mies ◽  
J. Bonvoisin ◽  
R. Stark

AbstractOpen source hardware is hardware whose design is shared online so that anyone can study, modify, distribute, make, and sell it. In spite of the increasing popularity of this alternative IP management approach, the field of OSH remains fragmented of diverse practices seeking for settlement. This challenges providers of groupware solutions to capture the specific needs of open source product development practitioners. This contribution therefore delivers a list of basic requirements and verifies them by comparing offered functions of existing groupware solutions.


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