Social Communities and Open Innovation

Download or Read eBook Social Communities and Open Innovation PDF written by Melissa Chen and published by GRIN Verlag. This book was released on 2013-05-14 with total page 16 pages. Available in PDF, EPUB and Kindle.
Social Communities and Open Innovation
Author :
Publisher : GRIN Verlag
Total Pages : 16
Release :
ISBN-10 : 9783656430100
ISBN-13 : 3656430101
Rating : 4/5 (00 Downloads)

Book Synopsis Social Communities and Open Innovation by : Melissa Chen

Book excerpt: Seminar paper from the year 2010 in the subject Communications - Multimedia, Internet, New Technologies, grade: 1,7, University of Applied Sciences Münster, course: Strategic Management, language: English, abstract: “Innovation is the specific instrument of entrepreneurship. The act that endows resources with a new capacity to create wealth” states Peter F. Drucker. Innovation is the introduction of new things, ideas or ways of doing something according to the Oxford Advanced Learner’s Dictionary. But if we go deeply into its meaning, innovating is not only creating something new but rather creating something new that is made useful for people (McKeown, 2008). Innovation is a positive change that can be reflected in new products, services, processes and even business models. There is a very important difference between an innovation and an invention. An invention is the process of concreting an idea and turning it into reality, which can be a product. Nevertheless this product will be an innovation only if it fulfils the demands of a specific market and creates value for the consumers. In other words, an innovation is the commercialization of an invention. Once having understood the importance of innovation this paper will take you through the different sources of innovation and the open innovation model, so it makes it easier to follow the relation and the influence social communities have on them. To give a background for the content of this paper it is important that some concepts are understood. For starters, Web 2.0 is the interactive and collaborative Internet, where people not only can download applications and read information online, but rather upload files and share things in a dual way of communication with other people online. People interact with other users and can give their opinion on everything whenever they want to. It is through social communities that people interact mainly with each other by writing, commenting and sharing posts, comments, articles, photos, videos and applications among other things.


Social Communities and Open Innovation Related Books

Social Communities and Open Innovation
Language: en
Pages: 16
Authors: Melissa Chen
Categories: Computers
Type: BOOK - Published: 2013-05-14 - Publisher: GRIN Verlag

DOWNLOAD EBOOK

Seminar paper from the year 2010 in the subject Communications - Multimedia, Internet, New Technologies, grade: 1,7, University of Applied Sciences Münster, co
Revolutionizing Innovation
Language: en
Pages: 595
Authors: Dietmar Harhoff
Categories: Business & Economics
Type: BOOK - Published: 2016-03-04 - Publisher: MIT Press

DOWNLOAD EBOOK

A comprehensive and multidisciplinary view of the emerging paradigm of user and open innovation, offering both theoretical and empirical perspectives. The last
Revolutionizing Innovation
Language: en
Pages: 595
Authors: Dietmar Harhoff
Categories: Business & Economics
Type: BOOK - Published: 2016-03-04 - Publisher: MIT Press

DOWNLOAD EBOOK

A comprehensive and multidisciplinary view of the emerging paradigm of user and open innovation, offering both theoretical and empirical perspectives. The last
Establishing Corporate Innovation Communities
Language: en
Pages: 289
Authors: Martin Dumbach
Categories: Business & Economics
Type: BOOK - Published: 2013-10-29 - Publisher: Springer Science & Business Media

DOWNLOAD EBOOK

Because of the specific characteristics of innovation communities, social relationships between community members play a pivotal role for performance in such se
Open Innovation
Language: en
Pages: 400
Authors: Henry Chesbrough
Categories: Business & Economics
Type: BOOK - Published: 2008-01-17 - Publisher: OUP Oxford

DOWNLOAD EBOOK

Open Innovation describes an emergent model of innovation in which firms draw on research and development that may lie outside their own boundaries. In some cas