
Erik Demain's paper Hinged Dissection of Polyominoes and Polyforms takes this example as its starting point, develops the theory of hinged dissections, and shows how this example and others can be taken further.
The references in Demain's paper lead to a great site on geometric dissections (non-hinged), and to the work of Greg N. Frederickson (hinged, non-hinged, and folded dissections).
On Frederickson's site, among many great things, we find a link to a lesson plan that includes instructions on building a physical model of the triangle-square hinged dissection.