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Jason Lee Miller from webpronews.com reports on rumors of a Google phone. And Google's prepared to invest up to $8 billion in the project. Or hundreds of millions. Woah. Whatever happened to peer-production, the non-importance of capital for innovation, will Google give away its phone for free after investing this much, should Google just use its phone as advertisement to sell t-shirts?
FOSS is good for incremental innovation and little else. For long term, pioneering innovation, the technology sector is little different from other industries. Formal organizational and capital structures are needed, as well as intellectual property policies that help firms appropriate their investments.
posted by Noel Le @ 10:14 AM | Free Culture Movement
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