BUSI 1402 Lecture 3: lecture 3
Document Summary
Wikiway- open organizational boundaries to new ideas and human capital, open standards (apche,mysql,firefox etc. transparency:build trust. Wikiway- horizontal (networked) organization , leverages self-organization which can have efficiency, gains over hierarchies for certain tasks, info goods (software,entertainment,media etc) Traditionally- control and protect your ip, sue people who violate, ex:digital rights management. Wikiway- share some ip, protect some ip, if you share you create new opportunities which creates new markets. Wikiway- global capabilities , unified global processes, global it platform, no physical or regional boundaries. Wikinomics: collaboration economy (cid:862)fi(cid:396)(cid:373)s (cid:272)oe(cid:454)ist (cid:449)ith (cid:373)illio(cid:374)s of autonomous producers who connect and co-(cid:272)(cid:396)eate (cid:448)alue i(cid:374) loosel(cid:455) (cid:272)oupled (cid:374)et(cid:449)o(cid:396)ks(cid:863) 3 forces at work creating a collab economy. Web has evolved from a primarily static repository of information to one in which information and knowledge is created constantly and fluidly within self organizing participative communities. Software designed for machine to machine interaction over the web.
