What is an open business?

Open Business is a concept that uses the Internet to create open content and open source projects, sometimes called the "source of the crowd". The intention is for the enterprise to join the huge set of knowledge and human creative potential that can be found on the Internet. Access to this wealth of inputs can increase the company's ability to improve its products and services and also create new ones. The model works on the principle of transparency. Anyone can participate in an open source code and anyone who attends, can see what everyone else is doing in the project and comment on it. Anyone in the world could contribute to innovation, styles and special features. Using "Peer production", participants share and comment on the other ideas. Everything takes place in the central place of the Internet, which anyone who is interested in the project can.

As evidence of the economic potential of open source code, they point to one of the Goldcorp projects. Goldcorp invitesIt was a geological survey map and invited Internet users to participate in the selection of possible places where gold would be found. The company resulted in more than a hundred positive findings and extraction of over three billion US dollars (USD) in gold.

with the concept of open content, Internet users provide, edit and add content. Wikipedia® is an example of open content potential. The OpenStreetMap map service has developed a project for a world map using open content.

Most open business companies are associated with information technology and the Internet. Traditional businesses were reportedly cautious about these innovations. However, some are starting to accept the Open Business Calling Strategy and Development Strategies to use knowledge available outside the company and improve the sources it already has.

This applies, for example, in the field of intellectual property. Some largerCompanies grant their patents to small and medium -sized development companies and other research. Property innovation and real estate ideas allow larger companies with larger marketing assets to use innovations. Businesses also experiment with partnerships with other businesses of different sizes and specializations in achieving a single business. Each company brings its own knowledge, expertise and access to the task.

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