[p2p-research] What The Netflix Prize Tells Us About Innovation, Collaboration, Info Sharing And Game Theory

[Tomas Rawlings]

Interesting article; http://techdirt.com/articles/20090728/0309315680.shtml

Quote,
"Plenty of studies have shown that innovation happens much faster when 
you have the free and open sharing of information (rather than having it 
locked up, say, by patents), as that mixture of different approaches and 
ideas allows for breakthroughs to come much faster (in fact, studies 
have shown that much of the success in Silicon Valley came from the free 
sharing <http://www.techdirt.com/articles/20071204/005038.shtml> of info 
across companies as people rapidly moved around).

And, in fact, that's exactly what happened with the Netflix Prize. The 
first "team" to break the 10% finish line, BellKor, was actually a 
merger of a few separate teams, allowing them to combine different 
pieces of different approaches to actually leap ahead. So, rather than 
trying to hoard the idea for themselves to claim the entire prize 
themselves, they realized it was better to team up to make the real 
breakthrough."


-- 
Tomas

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Tomas Rawlings
Development Director, FluffyLogic Development Ltd.
web: www.fluffylogic.net
tel: 0117 9442233 
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