Free Innovation
In this book the author integrates new theory and new research findings into the framework of a "free innovation paradigm." Free innovation involves innovations developed and given away by consumers as a "free good," with resulting improvements in social
Tag(s): Software Libre and Open Source
Publication date: 18 Nov 2016
ISBN-10: 0262035219
ISBN-13: 9780262035217
Paperback: 240 pages
Views: 7,323
Type: Book
Publisher: The MIT Press
License: Creative Commons Attribution-NonCommercial-NoDerivatives 4.0 International
Post time: 27 Nov 2016 05:00:00
Free Innovation
Eric von Hippel wrote:In this book I integrate new theory and new research findings into the framework of a "free innovation paradigm." Free innovation involves innovations developed and given away by consumers as a "free good," with resulting improvements in social welfare. I explain that free innovation is an inherently simple, transaction-free, grassroots innovation process engaged in by tens of millions of people in the household sector of national economies. Unlike producer innovation, free innovation does not require intellectual property rights to function. Indeed, from the perspective of participants, free innovation is fundamentally not about money – it is about human flourishing.
I spell out the economics of free innovation relative to producer innovation, and its major economic impacts. These are currently not measured and so hidden from view. I also develop and explore major implications of free innovation for innovation theory, policymaking, and practice.
About The Author(s)
Eric von Hippel is a Professor of Technological Innovation in the MIT Sloan School of Management, and is also a Professor in MIT’s Engineering Systems Division. He specializes in research related to the nature and economics of distributed and free innovation. He also develops and teaches about practical methods that individuals, open user communities, and firms can apply to improve their innovation development processes.
Eric von Hippel is a Professor of Technological Innovation in the MIT Sloan School of Management, and is also a Professor in MIT’s Engineering Systems Division. He specializes in research related to the nature and economics of distributed and free innovation. He also develops and teaches about practical methods that individuals, open user communities, and firms can apply to improve their innovation development processes.