Open Innovation
From Open Innovation: The New Imperative for Creating and Profiting from Technology by Henry William Chesbrough:
I think many people wonder how there are so many successful, open-source projects - I mean, honestly, <sarcasm> without tons of corporate funding, patent-laws, trade-marks, industry secrets, and structured R&D, how does anything worthwhile, that’s “open-source” get built? </sarcasm> Perhaps it is for those exact lack of conditions that truly open innovation occurs.
I’m of the mindset that value is derived from a little bit more complicated formula than “how much?” In an increasingly service-oriented economy, it makes sense that one would pay for services, for time, for opportunity, but not for access to information, not for pre-packaged, marked-up goods, not licenses, not perpetuation of protectionist laws.
On a separate note, how does an increasingly intangible, service-oriented market affect something like the Fair Tax?
