In this book I integrate new theory and new research findings into the
framework of a “free innovation paradigm.” Free innovation involves
innovations developed and given away by consumers as a “free good,”
with resulting improvements in social welfare. It is an inherently simple, transaction-free, grassroots innovation process engaged in by tens
of millions of people. As we will see, free innovation has very important
economic impacts but, from the perspective of participants, it is fundamentally not about money
