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The New Economic Paradigm: Part 7; Monetization of Knowledge Assets

April 20, 2009

We have specified a structure for a new economic paradigm by simply integrating the the knowledge economy into the same structure as the financial system. The result is a completely new way for entrepreneurs to create wealth.

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Who Owns Your Content?

February 21, 2009

The epiphany: Something very interesting happened when Facebook changed their terms of service.   People who use the Facebook platform (for free) organized themselves using the (free) platform to threaten the core validity of the same (free) platform.  This could not happen in any other industry. Saving face? Ownership is largely characterized by the ability of [...]

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The Résumé Must Die

February 4, 2009

Résumé: A French word for separating the brain from the body

The global imperative is for the United States to become an innovation economy now. This is an entirely different animal than the Industrial revolution; I have long argued that the résumé system is by far the most archaic knowledge management “currency” of trade in use today.

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Web 3.0; An Elephant Never Forgets

December 18, 2008

The opportunity for America reminds me of the elephant that is convinced since birth that the slender rope tying him to the fence post is stronger than he.  When the elephant grows up, he still believes the rope is stronger even though the elephant now has gained the strength to pull the whole building down.  [...]

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The Great Convergence

December 8, 2008

Hey Kids, It’s 3D: The objective of this article is to discuss the Great Convergence of computer enabled society. Social media must not be allowed to converge to a single apex – rather, it must converge to 3 distinct and tangible dimensions. The factors of production for the industrial economy are land, labor, and capital.  [...]

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Finally, A Definition for Innovation

December 5, 2008

[In earlier post we identified the 5 essential elements of a market economy. What would be the currency of an innovation economy? Currency is anything that serves as a medium of exchange, a stored value, and a standard of value. Basically we are asking; What are those things that people are out in the World [...]

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The Next Great American “Hail Mary” Pass

December 2, 2008

It is imperative that knowledge workers recognize this opportunity. We must have a national conversation about the next great leap and not just dwell on the current quagmire or roll over while the dark ages set in.

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Social Media; The Opportunity of a Century

December 1, 2008

The Perfect Storm: We are at an historic time in human history; one that may never repeat itself again. The current financial crisis may provide just enough disruption for a completely new economic paradigm to emerge; the Innovation Economy.  We cannot squander this moment arguing over common logon for our Twitter and Facebook profiles; a [...]

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Social Media; The Central Bank for Knowledge Assets?

November 20, 2008

It is very interesting to watch Social Media follow familiar trajectories as earlier paradigms in finance.  I see many social media platforms struggling to make human knowledge tangible in their respective markets.  The challenge is so simple, yet so complex.  Let the litmus test for knowledge tangibility be as follows; “Can you buy groceries with [...]

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The Tangibility of Knowledge

November 9, 2008

Knowledge Tangibility should be the most important conversation in Social Media circles given the current financial situation in America. I lived through financial devaluation in another country and the effects were crushing: after the run on the banks, there will be a run on Walmart.  People will buy TVs, small appliances, shoes, and useful stuff [...]

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2008 Financial Crisis: The End Game

November 7, 2008

The year is 2020, no burning cities, no mass hysteria, no bread lines; the economy is on an exponential growth curve.  The financial crisis of 2008 ended in an anticlimactic sort of way.  Sure, lots of hedge fund bankers were unemployed for a while and many companies once deemed titans of industry have disappeared, but [...]

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Social Enterprise; The Vetting Mechanism; #1

October 26, 2008

I read many articles with rants like “all this social network stuff is cool – but show us the money”.  Innovation Economics offers a way to see new markets and new businesses that are currently hidden by “the old way” of doing things.   This article is part of a series called ‘Business Plans of [...]

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The Credit Score Analogy; Part 2

September 17, 2008

Now we look for a similar situation for Knowledge Markets. In the cuurent times, the hiring manager is the person to know if you want to get a job. The manager would read your resume and compare it with “bell curve” in their brain about what has worked or not worked in their past. This [...]

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The Credit Score Analogy; Part 1

September 17, 2008

We have defined the currency, the factors of production, and the inventory of the Innovation Economy; we destroyed the old resume system and turned it into a computer language that makes knowledge appear like money in the eyes of the entrepreneur. Now, we need a system that keeps the game free and fair. For example; [...]

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