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IT Manager's Journal: Merging Corporations with Co-Ops and Open Source

Oct 24, 2006, 21:00 (0 Talkback[s])
(Other stories by Bruce Byfield)

"Greg Dean, a communications student at Simon Fraser University in Vancouver, Canada, has a new twist on open source business models. For more than a year, Dean has been working with his friends Devon Girard and Charles Latimer, as well as an unnamed lawyer, to find a way to merge the concepts of a co-operative with that of a corporation to create an open source company that he currently calls the Information and Communications Technology/ Open Source Co-op (ICT/OS). Recently, he spoke to the Vancouver PHP Users' Group about the structure that he is starting to implement.

"Co-operatives are democratically organized economic groups established for purposes varying from housing to banking to worker-run businesses. With a history dating back over two centuries, they are a small but enduring part of many industrial economies; according to Dean, co-ops account for 12% of businesses in Canada and 5% in the United States..."

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