---
# System prepended metadata

title: tn-business_models
tags: [tn, ' ose']

---

---
title: tn-business_models
tags: tn, ose
disqus: your-shortname
---
**OSE technical note (tn)**
:::success
:handshake: Please contribute by directly editing and/or [commenting](https://hackmd.io/c/tutorials/%2Fs%2Fhow-to-use-comments)!
:::

# `tn-business_model` OSH Business Models

## resources
* REMODEL toolkit https://remodel.dk/
* Pearce, J.M., 2017. Emerging Business Models for Open Source Hardware. Journal of Open Hardware, 1(1), p.2. DOI: http://doi.org/10.5334/joh.4
* https://ryanholiday.medium.com/29-lessons-from-owning-a-bookstore-991b87b81d83


## community
[:link:](https://www.cambridge.org/core/journals/proceedings-of-the-international-conference-on-engineering-design/article/does-open-source-hardware-have-a-sustainable-business-model-an-analysis-of-value-creation-and-capture-mechanisms-in-open-source-hardware-companies/64AE58271B3EFE521F5CF3B1D3CEF8FB)

The excitement centers around *community*! Community increaes trust and perceived emotional and functional value. Types of participants in community participation/contributon: (1) developers, (2) mentors, and (3) active consumers.

Interestingly, venture capital managers and marketing specialists can provide valuable input based on their intrinsic mativation.

Participants in the community can help the company by
- decreasing risk of product failure
- competitor analysis
- feedback from product testing
- reducing R&D costs (with product innovations)
- digital marketing
- providing a talent pool with track record for recruiting

![](https://i.imgur.com/FMFlGSb.png)


## strategies

![](https://i.imgur.com/3enz6Kc.png) [:link:](https://www.cambridge.org/core/journals/proceedings-of-the-international-conference-on-engineering-design/article/does-open-source-hardware-have-a-sustainable-business-model-an-analysis-of-value-creation-and-capture-mechanisms-in-open-source-hardware-companies/64AE58271B3EFE521F5CF3B1D3CEF8FB)
