Knowledge is a positive externality
<p>Since knowledge creation is a cumulative effect, we can see knowledge creation as a <a class="wikilink" href="/positive_externality/">positive externality</a>. This is tightly coupled to the idea of <a class="wikilink" href="/knowledge_spill-over/">knowledge spill-over</a>, where the investments of one party in knowledge creation can have benefits for other parties. </p>
<p>In this context, we could argue that <a class="wikilink" href="/open_hardware/">open hardware</a> can be a vehicle to create such externalities (see: <a class="wikilink" href="/externality_in_economics/">Externality in economics</a>).</p>
Backlinks
These are the other notes that link to this one.
Comment
Share your thoughts on this note. Comments are not public, they are
messages sent directly to my inbox.
Aquiles Carattino
This note you are reading is part
of my digital garden. Follow the
links to learn more, and remember that these notes evolve over time. After all,
this website is not a
blog.