The aim of this report is to explore how stronger relationships between higher education and business can address barriers to mainstream adoption and development of innovative and sustainable models and policies for Open Educational Practices (OEP). In this report, we explore how educational institutions and business interests can work together to better leverage the potential of Open Educational Resources (OER) in the service of OEPs. The report provides an overview of existing literature and research in the field of OER and presents a series of business models and approaches to supporting the development of OER, as well as their policies and practices. The issue of sustainability and longevity of OER materials, content and communities is discussed and three case studies are presented to illustrate different business models for supporting capability development, knowledge exchange and Communities of Practice.