June 26, 2001

Open Source software development and distributed innovation

Author: JT Smith

From a paper published by the Oxford Review of Economic Policy: "Open source software development is a production model that exploits the distributed

intelligence of participants in Internet communities. This model is efficient because

of two related reasons: it avoids the inefficiencies of a strong intellectual property

regime and it implements concurrently design and testing of software modules. The

hazard of open source is that projects can "fork" into competing versions. However,

open source communities consist of governance structures that constitutionally

minimize this danger. Because open source works in a distributed environment, it

presents an opportunity for developing countries to participate in frontier innovation."


  • Open Source
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