MySQL and Open Source

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Title: MySQL and Open Source

Essay Details:

Subject: Technology

Author: John K

Date: May 11, 2016

Level: University

Grade: A

Length: 3 / 665

Essay text:

The importance of business model is that it serves as an intermediate link between the technical and economic domains. It should be noted that a firm’s realization of economic value from its technology depends on its choice of business model, rather than from some inherent characteristic of the technology itself. Open innovation is good, but not sufficient alone to make a company profitable, a viable business model must accompany it. The significance of business model is aptly reflected in the words of Dr. Chesbrough, “A mediocre technology pursued within a great business model may be more valuable than a great technology in a mediocre business model...

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