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This is an opinion, not a fact. Many closed-source companies invest heavily in research and development to create innovative solutions, which definitely does dr
by DrSiemer 2y ago
This is an opinion, not a fact. Many closed-source companies invest heavily in research and development to create innovative solutions, which definitely does drive competition in the market. Differentiation through unique features can enhance a competitive advantage.
- rekabis 2y agoWithout severe government regulation, capitalism always moves towards oligopolies and monopolies that use market size to deny new entrants and who can have minimal to no innovation to consume precious profits. This is only possible due to a locked-in consumer base which has no other options available to them. Closed source being anti-innovation is the fact. Competition is enforced by governments and laws, not by any goodwill of corporations, who would sooner see higher profits and lower costs. And all the competitive advantage is useless when the market size of current players prevents entry into the marketplace via patents and outsized war chests -- this is, for example, the current state of the search engine market. Several search engines which were far superior to Google have folded in the last 5 years due to Google’s sheer size and the barriers to entry it enforces due to that size. Even major alternatives are on literal lifelines and starving for lack of users. Yet Google no longer “innovates” for the consumer, and does so purely to enhance it’s revenue stream at the expense of the consumer. On the flip side, open-source forces constant innovation because nothing is hidden. Any company putting out open-source software cannot hide behind market monopolies or suppress similar products via patents, or have access to any of the other competition-killing tools that closed-source has. Because anyone else can quite literally fork their entire product, constant innovation is at the core of remaining the market leader. Read that link I posted and educate yourself.