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

[Michel Bauwens]

both articles are really worth it, thanks Tomas, keep them coming,

Michel

On Wed, Jul 29, 2009 at 7:22 PM, Tomas Rawlings <tom at fluffylogic.net> wrote:

> 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
>
> -----------------------
> Tomas Rawlings
> Development Director, FluffyLogic Development Ltd.
> web: www.fluffylogic.net
> tel: 0117 9442233 -
> Also see:
> blog: www.plugincinema.com
> tweet: www.twitter.com/arclightfire
>
>
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