Wednesday, October 7, 2009

Value Curves

A company that shows strong value curves is Google for being innovative in ways they create their new products. One thing that they have used to develop new market space is by creating all their products to be open source. In doing so, Google is allowing themselves to receive numerous amounts of resources from the open world to improve their products. They open up the incentives for other people and then can sit back and watch their product improve without applying very little resources or doing little work.

2 comments:

  1. This is a good observation. Why do you think other companies don't persue this same type of openess to outside innovation?

    I think probably due to IP issues- how do you think Google is getting around those?

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  2. Not sure why other companies haven't tried this type of business plan as we have seen it become very successful with Apple in the way Apps are created.

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