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That unifying creed is this: Open platforms promote innovation and diversity more effectively than proprietary ones.
More PCs now talk to one another using open standards rather than proprietary ones.
Also, because more eyes look at the source code, it tends to be more secure and robust than proprietary software.
Firefox's open-source architecture means it has been tested and tweaked by far more people than proprietary browsers like Internet Explorer from Microsoft.
Mr. Partnoy said broad economic hedging carries risks of its own — and sometimes they can be bigger than proprietary bets like the one that brought down MF Global.
Some bakery experts were skeptical about Bimbo's claims of top-secret processes, saying the mythology surrounding Thomas' muffins was more about smart product branding than proprietary baking.
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Yet the cloud will be based more on open standards than on proprietary technology.
It also calls for some information on the composition of genetically modified foods to be made public rather than kept proprietary.
Fisker's value is largely ascribed to the design of its sleek Karma vehicle, rather than any proprietary technology that could be leveraged by Chinese companies.
With all of them regulated in the same manner, imposing capital requirements would be a better way to prevent excessive risk-taking than prohibiting proprietary trading, which is sometimes difficult to distinguish from other types of trading.
Video is recorded in standard MPEG2 format rather than a proprietary format as with some of Sony's competitors, giving you more flexibility in terms of editing and watching your documentaries.
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CEO of Professional Science Editing for Scientists @ prosciediting.com