By Ilan Bijaoui
The Open Incubator version analyzes the several aid regulations wanted in immense towns, rural parts and kingdom borders for marketers in built and constructing nations to generate cooperation and increase the enterprise versions of neighborhood SMEs.
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Extra info for The Open Incubator Model: Entrepreneurship, Open Innovation, and Economic Development in the Periphery
0005 Entrepreneurial Process The literature distinguishes between external continuous and discontinuous (Miller, 1999) or disruptive knowledge (Christensen, 1999) as a source of competitive advantage. Continuous knowledge refers to the improvement of current technology and current market environment of the firm. Discontinuous knowledge refers to new market and technology, beyond the scope of the firm. Disruptive knowledge refers to new technological knowledge expanding the current market to new low-end customers.
Zott and Amit (2010) discuss innovation in the content-activities, the structure-links between activities and governance-management of the BM. Teece (2010) concentrates innovation in the BM on the creation of a value proposition for each customer’s segment, setting up the apparatus to deliver that value, and then figuring out various “isolating mechanisms” that can be used to prevent imitation by competitors. The value of a product can be specific, dynamic, or viral. An end product has a determined value/price decided by both producer and customer.
0006 Business Model Value delivery Shops are in central locations, shopping malls inside the city and main streets. The shelves are ordered according to customers segments: women, men, and children. Every two weeks new items appear in the shops and deliver to the customers new opportunities to fashion their personality. From 2010 Zara started to sell products from its website. Today customers in 21 countries can order items via the Internet. Value capture Designs, colors, and styles are evaluated in different ways by customers.
The Open Incubator Model: Entrepreneurship, Open Innovation, and Economic Development in the Periphery by Ilan Bijaoui