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Why open source is the next innovation wave



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August 22, 2006 10:29 am

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Jeff Jaffe has posted an interesting take on the history of innovation, including a persuasive argument on why open source is the next stage in innovation for the tech industry. Over the last few decades, innovation has moved from university-led to industrial research centers to venture backed initiatives. But the economics and the technology have now positioned open source as the best method for innovation moving forward. Jeff backs this up with examples, and will be detailing in a future post how Bandit, a recently launched open source project around identity, is a proof point for the the new model. Interesting reading….

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