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This article is about this online encyclopedia itself. For Wikipedia's visitor introduction, see Wikipedia: About. The following year, Time magazine stated that the open-door policy of allowing anyone to edit had made Wikipedia the biggest and possibly the best encyclopedia in the world, and was a testament to the vision of Jimmy Wales.

Nupedia was initially licensed under its own Nupedia Open Content License, but even before Wikipedia was founded, Nupedia switched to the GNU Free Documentation License at the urging of Richard Stallman.

In 2003, economics Ph D student Andrea Ciffolilli argued that the low transaction costs of participating in a wiki create a catalyst for collaborative development, and that features such as allowing easy access to past versions of a page favor "creative construction" over "creative destruction".

On January 20, 2014, Subodh Varma reporting for The Economic Times indicated that not only had Wikipedia's growth stalled, but that it "had lost nearly 10 per cent of its page views last year.In November 2009, a researcher at the Rey Juan Carlos University in Madrid found that the English Wikipedia had lost 49,000 editors during the first three months of 2009; in comparison, the project lost only 4,900 editors during the same period in 2008.Two years later, in 2011, Wales acknowledged the presence of a slight decline, noting a decrease from "a little more than 36,000 writers" in June 2010 to 35,800 in June 2011.Nupedia and Wikipedia coexisted until the former's servers were taken down permanently in 2003, and its text was incorporated into Wikipedia.The English Wikipedia passed the mark of two million articles on September 9, 2007, making it the largest encyclopedia ever assembled, surpassing the 1408 Yongle Encyclopedia, which had held the record for almost 600 years.

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