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Using a unique dataset we examine empirically which factors explain output per contributor in open source projects. We find that the output per contributor of open source programmes is much higher when licenses are less restrictive. Further examination suggests that the difference in output per...
Persistent link: https://www.econbiz.de/10005124098
Digital goods are bit strings, sequences of 0s and 1s, that have economic value. They are distinguished from other goods by five characteristics: digital goods are non-rival, infinitely expansible, discrete, aspatial, and recombinant. The New Economy is one where the economics of digital goods...
Persistent link: https://www.econbiz.de/10005067419
Product development within and across community-based and geographically dispersed virtual organizations is becoming an increasingly important mechanism through which individual knowledge holders create and disseminate knowledge in joint efforts to generate products. Without the benefits of...
Persistent link: https://www.econbiz.de/10011083814
The open source model is a form of software development with source code that is typically made available to all interested parties. At the core of this process is a decentralized production process: open source software development is done by a network of unpaid software developers. Using data...
Persistent link: https://www.econbiz.de/10005662205
How can we explain the success of cooperative networks of firms that share innovations, such as Silicon Valley or the Open Source community? This Paper shows that if innovations are cumulative, making an invention publicly available to a network of firms may be valuable if the firm expects to...
Persistent link: https://www.econbiz.de/10005666989
This Paper discusses the economic merits of direct or indirect governmental support for open source projects. Software markets differ from standard textbook markets in three important respects that may give rise to market failures: (i) large economies of scale, (ii) crucially important...
Persistent link: https://www.econbiz.de/10005667093
We study and endogenous growth model where a profit-motivated R&D sector coexists with the introduction of free blueprints invented by philanthropists. These goods are priced at marginal cost, contrary to proprietary ones, which are produced by a monopoly owned by the inventor. We show that...
Persistent link: https://www.econbiz.de/10005662038
show that investment can take place even without patent protection, as parasites limit their imitation to preserve the …Understanding the impact of legal protection on investment is of major importance. This paper provides a framework for … addressing this issue, and shows that investment may actually be higher in the absence of legal protection. Focusing on the …
Persistent link: https://www.econbiz.de/10011083356
This paper, a chapter in the forthcoming Oxford University Press Handbook of the Indian Economy, edited by Chetan Ghate, considers India’s experience with fiscal (responsibility) rules during the past decade. After reviewing the basic facts concerning public debt and deficits in India, the...
Persistent link: https://www.econbiz.de/10008468524
the recent historical value of less that 0.5% of GDP. Subtracting net public sector investment from the conventional … budget deficit is likely to overstate the government revenue producing potential of public sector investment. Public debt …
Persistent link: https://www.econbiz.de/10005123675