Will Geoghegan Open Source- a new model for innovation?
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Open source software has the potential to fundamentally change the economics of the computer software industry. It will affect how traditional software firms structure the incentives that they provide to their programmers, the product markets in which they compete, and the business models and strategies that they use. It will also impact on the career choices of software developers, and provides an additional means for potential programmers to enter the software industry. (Schiff, 2002)
“a decentralised form of production in which the underlying programme instructions, or ‘source code’, for a given piece of software are made freely available. Anyone can look at it, modify it, or improve it, provided they agree to share their modifications under the same terms” (Von Krogh, 2004)