The detractor argument is that open source kills innovation; the proponents say open source is good because it promotes freedom, broader sharing of technology, and greater empowerment of users and customers. But is there really truth in the core premise–that the value and importance of intellectual property is dying as open source takes off?
My perspective is that intellectual property continues to be a critical driver of innovations and software businesses–and that open source is not fundamentally changing that. Yes, open source can mean that customers don’t have to pay huge amounts of money for commodity software–that is, software that doesn’t have highly differentiated intellectual property (IP). But there has been, and will always be, a huge market for innovations, and with or without open source, that IP will deliver superior value to customers as well as investors.
Read this editorial from News.com’s Brad Silverberg