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Commons-based peer production

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Commons-based peer production is a term coined by professor Yochai Benkler to describe a new model of economic production, different from both markets and firms, in which the creative energy of large numbers of people gets coordinated into large, meaningful projects, largely without financial compensation.

It was first introduced in his seminal paper Coase's Penguin.

Examples of products created by means of commons-based peer production include Linux (computer operating system software), Slashdot (a news and announcements website), Misplaced Pages (an encyclopedia), and Clickworkers (collaborative scientific work).