When A Good Idea Goes Public

A few posts sit unfinished and unpublished in my blogging software. I think there are some good posts in that bunch. And that’s the problem. Are they too good? I don’t mean the style of the content but the quality of the ideas. They’re ideas that I think are worth something. I keep coming back to them as something I’d like to develop into a product and/or service. So do I blog about them?

Wired would probably say yes. But in a world of transparency, what happens to the idea of appropriability? How do you appropriate the value of a completely transparent thing? This type of thinking leads me, from my econ undergrad days, to the world of public goods. In human capital intensive markets there is an increasing tension between capturing the value of an idea and inherent freedom of the idea.

Lot’s more to think about here. More to come on the topic.

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