Write a roughly 900-1100 word paper that presents an economic story and model that describes why a company like RiskLens (and its executive decision makers) would make the FAIR intellectual property free to all through the Opengroup standards process. You should research RiskLens’s website (www.risklens.com) to discover its product offerings as part of your preparation for this paper. Answer the question, “Why is it in a company’s economic self interest to give (at least some of) its intellectual property away?” Knowing that knowledge is costly to produce, companies still can give it away. Why?
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