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Open business. Open business[1] is an approach to enterprise that draws on ideas from openness movements like free software, open source, open content and open tools and standards. The approach places value on transparency, stakeholder inclusion, and accountability. Open business structures make contributors and non-contributors visible so that ...
Open innovation. Open innovation is a term used to promote an Information Age mindset toward innovation that runs counter to the secrecy and silo mentality of traditional corporate research labs. The benefits and driving forces behind increased openness have been noted and discussed as far back as the 1960s, especially as it pertains to ...
Openness. Openness is an overarching concept that is characterized by an emphasis on transparency and collaboration. [1][2] That is, openness refers to "accessibility of knowledge, technology and other resources; the transparency of action; the permeability of organisational structures; and the inclusiveness of participation". [2]
A franchise is a system in which entrepreneurs purchase the rights to open and run a business from a larger corporation. [10] Franchising in the United States is widespread and is a major economic powerhouse. One out of twelve retail businesses in the United States are franchised and 8 million people are employed in a franchised business. [11]
Open-source software can also be commercialized from selling services, such as training, technical support, or consulting, rather than the software itself. [5] [6]Another possibility is offering open-source software in source code form only, while providing executable binaries to paying customers only, offering the commercial service of compiling and packaging of the software.
t. e. An open economy[ 1] is a type of economy where not only the domestic factors but also entities in other countries engage in trade of products (goods and services). Trade can take the form of managerial exchange, technology transfers, and all other kinds of goods and services. Certain exceptions exist that cannot be exchanged; for example ...
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