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Some characteristics of open-source economics may include: work or investment is carried out without express expectation of return; products or services are produced through collaboration between users and developers; there is no direct individual ownership of the enterprise itself.
Some characteristics of open-source economics may include: work or investment is carried out without express expectation of return; products or services are produced through collaboration between users and developers; there is no direct individual ownership of the enterprise itself.

In the context of [[open source hardware]] design, digital designs are shared for free and then anyone with access to digital manufacturing technologies (e.g. [[RepRap]] 3-D printers) can replicate the product for the cost of materials. The original sharer gains feedback and potentially improvements on the original design from the [[peer production]] community. There is now significant evidence that such sharing creates enormous value.<ref>Pearce, J.M. (2015) Quantifying the Value of Open Source Hardware Development. Modern Economy, 6, 1-11. doi: 10.4236/me.2015.61001. [https://www.academia.edu/10143203/Quantifying_the_Value_of_Open_Source_Hard-ware_Development open access to the full text]</ref>


As of recently there were no known commercial organizations outside of software that employ open-source economics as a structural base.<ref>{{cite web|last=Josh Lerner|first=Jean Tirole|title=THE ECONOMICS OF TECHNOLOGY SHARING: OPEN SOURCE AND BEYOND|url=http://www.nber.org/papers/w10956.pdf?new_window=1|work=Page 28|publisher=NATIONAL BUREAU OF ECONOMIC RESEARCH|accessdate=24 February 2012}}</ref> Today there are organizations that provide services and products, or at least instructions for building such services or products, that use an open-source economic model.<ref>{{cite web|last=Global Village Construction Set|title=Open source ecology|url=http://opensourceecology.org/gvcs.php|work=Industrial Machines|accessdate=24 February 2012}}</ref><ref>{{cite web|last=Arduino|title=Open-source electronics|url=http://www.arduino.cc/|accessdate=24 February 2012}}</ref>
As of recently there were no known commercial organizations outside of software that employ open-source economics as a structural base.<ref>{{cite web|last=Josh Lerner|first=Jean Tirole|title=THE ECONOMICS OF TECHNOLOGY SHARING: OPEN SOURCE AND BEYOND|url=http://www.nber.org/papers/w10956.pdf?new_window=1|work=Page 28|publisher=NATIONAL BUREAU OF ECONOMIC RESEARCH|accessdate=24 February 2012}}</ref> Today there are organizations that provide services and products, or at least instructions for building such services or products, that use an open-source economic model.<ref>{{cite web|last=Global Village Construction Set|title=Open source ecology|url=http://opensourceecology.org/gvcs.php|work=Industrial Machines|accessdate=24 February 2012}}</ref><ref>{{cite web|last=Arduino|title=Open-source electronics|url=http://www.arduino.cc/|accessdate=24 February 2012}}</ref>

Revision as of 11:02, 3 March 2016

Open-source economics is an economic platform based on open collaboration for the production of software, services, or other products.

First applied to the open-source software industry,[1] this economic model may be applied to a wide range of enterprises.

Some characteristics of open-source economics may include: work or investment is carried out without express expectation of return; products or services are produced through collaboration between users and developers; there is no direct individual ownership of the enterprise itself.

As of recently there were no known commercial organizations outside of software that employ open-source economics as a structural base.[2] Today there are organizations that provide services and products, or at least instructions for building such services or products, that use an open-source economic model.[3][4]

The structure of open source is based on user participation. "networked environment makes possible a new modality of organizing production: radically decentralized, collaborative, and non-proprietary; based on sharing resources and outputs among widely distributed, loosely connected individuals who cooperate with each other without relying on either market signals or managerial commands."[5]

See also

References

  1. ^ Josh Lerner, Jean Tirole. "Some Simple Economics of Open Source" (PDF). The Journal of Industrial Economics. Retrieved 23 February 2012.
  2. ^ Josh Lerner, Jean Tirole. "THE ECONOMICS OF TECHNOLOGY SHARING: OPEN SOURCE AND BEYOND" (PDF). Page 28. NATIONAL BUREAU OF ECONOMIC RESEARCH. Retrieved 24 February 2012.
  3. ^ Global Village Construction Set. "Open source ecology". Industrial Machines. Retrieved 24 February 2012.
  4. ^ Arduino. "Open-source electronics". Retrieved 24 February 2012.
  5. ^ Yochai, Benkler. "The Wealth of Networks". Chapter 3. Yale University Press. Retrieved 24 February 2012.