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develop software, either as OS or CS, or as a an OS-CS-mix if the license allows. In stage two, firms bundle this with … is a strategic substitute to OS and vice versa. 2.) The type of OS-license plays a crucial role: only if the license …
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The economic characteristics of software and transaction costs explain, why closed source and open source software co-exist. It is about the efficient use of a non- and anti-scarce resource. But because of ex-post transaction costs that lead to information asymmetries, some property rights...
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