Came across an interesting article in the Economist. I'm always amazed at how pundits attempt to dissect the F/OSS model. The problem is that everyone tries to monetize and create metrics behind a culture that is very different than contemporary approaches to building software or other products.
Yes, there are other industries that have chosen to adopt this model. Whether they will be successful remains to be seen; however, it is clear that this model has been sucessful in the software industry (ie Apache, Linux, Embedded software like the TiVo etc.). The problem I have is that venture capitalists and entrepreneurs are in a race for the next great means of making loot from OSS. It simply isn't a silver bullet. Its methodologies or principles cannot be used for everything under the sun. Most of these people have never read the fundamental books that describe this space ( ie Cathedral and the Bazzar, Just for Fun, etc). An even larger amount have never used OSS, and do not understand how the community works.
Nonetheless, the article does have some interesting points.