Term
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Definition
| The art and science of mass collaboration |
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Term
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Definition
your way of getting on the internet
e.g. google, msn |
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Term
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Definition
| being open, peering, sharing, acting globally |
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Term
| what is driving the new world of wikinomics |
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Definition
-sophisticated, low cost IT
-wireless networking
-wifi
-web services
-business value chains
-global business infrastructure |
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Term
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Definition
| every 18 months chip density/computing power will double while cost remains constant |
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Term
| law of accelerating returns |
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Definition
| whenever we reach a technology barrier, a new technology will be created to allow us to get past it |
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Term
| examples of things causing paradigm shifts |
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Definition
| e-commerce, 4g, b-webs, open-source initiatives, e-collaboration, cloud computing |
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Term
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Definition
| the infrastructure, hardware, software |
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Term
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Definition
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Term
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Definition
| DE fastest state, s.korea fastest country, us 28th |
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Term
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Definition
| net gen, collaboration, social networks, digital commons |
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Term
| what does the internet create |
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Definition
| a global infrastructure for sharing |
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Term
| how is web different today |
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Definition
| interactive computing platform with social networking, open source apps and platforms, tagging |
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Term
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Definition
| turning data into information |
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Term
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Definition
1. technology
2. demographics
3. global economics |
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Term
| demographics of the web today |
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Definition
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Term
| technology (perfect storm) |
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Definition
| changed to make web more interactive |
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Term
| global economics (perfect storm) |
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Definition
| cheap, highly skilled labor and govts pursuing capital-friendly policies |
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Term
| what are new business models based on |
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Definition
| global sourcing (this creates endless potential for growth, innovation, diversity) |
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Term
| What happened to business models |
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Definition
1. digitization
2. globalization
3. deregulation |
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Term
| examples of how business model changed |
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Definition
| britannica vs encarta/wikipedia, iTunes store |
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Term
| network (technical definition) |
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Definition
| a software program on a connected device exchanging data with another device |
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Term
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Definition
search
information
bargaining
decision
policing
enforcement |
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Term
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Definition
| firms should shrink until the cost of performing a transaction internally no longer exceeds the cost of performing it externally |
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Term
| how are today's firms different |
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Definition
smaller
complex interconnected webs of well managed relationships including partners, customers, employees, competition |
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Term
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Definition
the new business entity
clusters of businesses that come together over the interet |
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Term
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Definition
| apple - design and control: US, Hard drive:japan, chips:taiwan, assembly:china, distribution:US |
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Term
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Definition
| now they are monitored by sensor networks |
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Term
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Definition
| "collaborative outsourcing" |
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Term
| example of peering and open source software |
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Definition
| linux/apache - IBM joined them and stopped being proprietary |
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Term
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Definition
can harness external potential for innovation and value-added partnerships
keep pace with competitors
can boost demand for complimentary goods and services
reduce costs
shift the way you compete
can learn how to collaborate |
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Term
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Definition
| walmart rfid, shell- fuel challenge, bmw, apple, medsphere systems corp |
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Term
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Definition
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Term
| what conditions need to be present for peering to work |
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Definition
object of production is information, software apps, or culture
tasks can be chunked into pieces that can be worked on individually
costs of integrating pieces must be low
must be peer reviews, leaders, rules |
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Term
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Definition
| based on the premise that large diverse networks of uniquely talented people can solve problems faster and more efficiently |
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Term
| 2 categories of ideagoras |
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Definition
solutions in search of questions
questions in search of solutions |
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Term
| example of solutions in search of questions |
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Definition
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Term
| example of questions in need of solutions |
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Definition
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Term
| more examples of ideagoras |
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Definition
| p&G, eli lilly(innocentive) |
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Term
| what must businesses do to take advantage of ideagoras |
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Definition
change the internal culture to rethink the value of intellectual property and find the right balance
leverage information assets and involve customers, partners
make harvesting external ideas part of your strategy |
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Term
| what must businesses do to take advantage of ideagoras |
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Definition
change the internal culture to rethink the value of intellectual property and find the right balance
leverage information assets and involve customers, partners
make harvesting external ideas part of your strategy |
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