pen Source For Startups
Doing Business With Open Source
Traditional business wisdom suggests knowledge captured in methods, intellectual property form a crucial competitive advantage, and yield profitable commercialization opportunities for firms. The Open-source model turns the traditional wisdom on its head and suggests product development as a collaborative effort. The application development process benefits from community wisdom allowing feature improvements across competition and clones. Open source licenses helps the entire ecosystem commercially but the contributor(copyright holder) which may lead to less contributors
The commercialization challenge of the open-source models is steadily easening with approaches like dual licensing, software as a service, freemium, crowd-funding etc.