Benkler's research focuses on commons-based approaches to managing resources in networked environments. He coined the term 'commons-based peer production' to describe collaborative efforts based on sharing information, such as free and open source software and Wikipedia.[4] He also uses the term 'networked information economy' to describe a "system of production, distribution, and consumption of information goods characterized by decentralized individual action carried out through widely distributed, nonmarket means that do not depend on market strategies."[5]