Why open source and open innovation has to be taken more seriously

The idea that companies will succeed in the 21st century by drawing in the brightest minds from everywhere, not just within their own four walls, has gathered momentum over the last decade.

But talk about the merits of 'open vs closed' business models has reached fever pitch in the last week with Google announcing its OpenSocial platform - a web application sharing agreement between the biggest social networking sites.

http://blogs.smh.com.au/innovator/archives/2007/11/the_idea_that_compani...