"Revenue is all you need."
Pat DiPietro, VenGrowth Capital Partners Inc.
This article examines a new approach to grow the revenue of small technology companies and technology startups. We name this new approach the business ecosystem approach.
The blueprint, growth formulas, and business ecosystem approach examined in this article are being developed by the faculty and graduate students at Carleton University's Technology Innovation Management program.
The editorial theme for this issue of the OSBR is Growing Business. Authors from academia and industry share their research and experiences on how to grow a successful business in a world that is increasingly embracing open source. They provide growth strategies that leverage the advantages of open source, and blueprints for company activities that lead to growth in revenue. The issue provides lessons on how to leverage an open source product as the keystone of a company; how to engage an open source community to support a company's growth; selecting a growth strategy that is best depending on the company's core business; and, the challenges that startups face as they start to grow.
"Electric communication will never be a substitute for the face."
Charles Dickens
"Communication is the real work of leadership."
Nitin Nohria, Harvard Business School
For technology companies seeking to harness powerful open source technologies, few can argue against the usefulness of modern Web 2.0 platforms. Considering how ubiquitous the Internet has become, an entrepreneur would certainly be ill-advised to not use some Web 2.0 platform to facilitate access to Communication Enabled Applications (CEA).
"He who receives an idea from me, receives instruction himself without lessening mine; as he who lights his taper at mine, receives light without darkening me.
"[..] our health and wellness is not simply a responsibility of the state but something we must work toward as individuals, families and communities, and as a nation."
Roy Romanow
"There is a way to do it better. Find it."
Thomas Edison
