Advantages in Making Use of Information and Communication Technology in Designing Open Innovation Business Models

Advantages in Making Use of Information and Communication Technology in Designing Open Innovation Business Models

DOI: 10.4018/978-1-5225-5721-0.ch005

Abstract

Information and communication technology is a resource used in the processes and activities of business and government. Recent trends indicate that it is becoming an important resource in the daily activities of human beings. But the similarity between information and communication technology ends here. While other technologies tend to be applicable only in the specific industries and defined areas of operations, the potential of information and communication technology in business, government, and human activities is more universal. Information and communication technology provides several concepts that enable business, government, and human beings to reach new realities in their sector. Some of the concepts have created opportunities for designing and manufacturing electronic devices. This chapter talks about making use of the electronic devices in an open innovative thinking and approach.
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Devices

Information and communication technology is the driving force for the production of new generation devices working on wireless technology. These devices have been providing workable solutions in the virtual environment scenario. Currently mobile devices range of sensors, embedded controllers, pocket computer, notebook, personal digital assistant, and mobile phones. All these devices become more useful when they support personal and business applications. These devices can be classified under four categories. They are (1) dedicated devices – designed for a particular functionality; (2) integrated device integration of functions in different devices, (3) modular devices- bringing devices into one shell, and (4) federated devices – connecting different parts of devices.

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