A World Of Wikipedia And Bitcoin: Is That The Promise Of Open Collaboration?

Thursday, January 2, 2014 - 13:20 in Mathematics & Economics

Open Collaboration, defined in a new paper as "any system of innovation or production that relies on goal-oriented yet loosely coordinated participants who interact to create a product (or service) of economic value, which they make available to contributors and non-contributors alike" brought the world Wikipedia, Bitcoin and, yes, even Science 2.0. But what does that mean, really? That's the first problem with vague terms in an open environment. It is anything people want it to be and sometimes what people want it to be is money, but hidden behind a guise of public weal. read more

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