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One billion people are already online, open innovation approaches spread and social networking services see continuous growth. Open source self-organized projects are currently mostly found in IT areas, but theories exist that this open source mindset will spread to other areas. Collaboration across continents is already usual for companies working with offshore contributors. These developments are picked up and used as a starting point. This book analyzes the ground laying concepts of social networks, crowd sourcing, commons based peer production, open source projects and freelancer marketplaces. Subsequently a combination of these concepts is formed and new product ideas are elaborated building on these findings.

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Mike studied theoretical physics and holds a MBA in innovation. He is an internet veteran working on internet and new product development software projects for more than 16 years. He was co-founder of uboot.com and lives with his wife and three kids in Vienna. He loves doing new stuff, stocks, cars, nature and Italy.

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