“Coase's University: Open Source, Economics, and Higher Education,” the sixteenth installment of the Impact of Open Source Software Series, was posted on October 31st, 2007, by Michael Feldstein who maintains a high profile in the education technology community a member serving on the eLearn Magazine's Editorial Advisory Board and is a current participant in the IMS. Thanks, Michael, for a great posting!
In his posting Michael addresses, or at least pokes at, some of the conceptual challenges that Yochai Benkler's Commons Based Peer Production (CBPP) model creates for us while thinking about the viability of open source software. He sets up the substance of his post by asking, “Sure, open source works in practice, but does it work in theory?”
Michael responds to this question by providing some personal and practical examples of CBPP. He points to the roles of friction and inertia in the economics of producing value in an information-based environment, and by extension the creation of digital assets.
Michael wrap's up his post by suggesting that CBPP is important because it helps explain the success of OSS and OER. He indicates that the model reduces the counter-intuitive nature of OSS and OER because it helps us examine all of the forces at play. Finally, he points out that the academy is a good and potentially fertile environment to support production of information and knowledge assets as described by CBPP.
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