Abstract
Overview The TIM Lecture Series is hosted by the Technology Innovation Management (TIM) program at Carleton University in Ottawa, Canada. The lectures provide a forum to promote the transfer of knowledge from university research to technology company executives and entrepreneurs as well as research and development personnel.
Highlights
Open source has become an integral part of commercial software development
How companies leverage open source ranges from the adoption of open source development practices, the use of open source development tools, and the integration of open source components into products to active contributions to existing open source projects, and the initiation of their own company-led open source projects
Open source enables companies to collaborate on the creation of common assets that they can jointly use in product development
Summary
Open source has become an integral part of commercial software development. Whereas in the past, open source software development was considered to be www.timreview.ca driven by volunteer effort, today most of it is carried out by companies. Patterns are proven solutions to common problems, and have been popular in the fields of architecture and software design They have been used to document business strategies, including those used by open source businesses. The patterns that Weiss described in this lecture aimed to provide entrepreneurs, managers, and students of business models with a language for creating new business models around open source, and for incorporating open source into existing business models. Some of these patterns are unique to the stage of a company's engagement. This pattern allows a company to shorten the time it takes to create a first version of their product, while keeping costs low; ; it increases the complexity of the software and the breadth of knowledge needed
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