entrepreneur

Social Media and Foreign Direct Investment

January 8, 2010

In the broadest definition, Foreign Direct Investment (FDI) is an investment outside the economy of the investor. Social Media has the effect of defining an economy not by an international border, but rather, by associations between people and their conversations.

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The Fundamental Flaw of NAFTA

January 1, 2010

Leading into 2010, The Ingenesist Project will release a series of videos that specify the construct of the Next Economic Paradigm. The following video discusses the flaw in modern globalization market economics that started with the failure of an obscure sub section of NAFTA – the free trade of services.

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Predictions for 2010 and Beyond – Nothing is Sacred

December 21, 2009

The interest coming due on our national debt will consume increasingly more of the money that institutions need to provide basic services. As these institutions weaken, they will increasingly be replaced by social media enterprise. These structurally weakened institutions will drive social media innovation more than any other factor.

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Deep Web; Database of databases of databases….

December 16, 2009

We have posted a few articles about the Deep Web and presented an emerging technology project that promises to provide a database of databases for the next great development of Internet Search. This short post considers the significance of one aspect of Deep Web Search.

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Dark Net and the Economics of Mutual Anonymity

December 14, 2009

The phenomenon to consider is that people with mutual anonymity are able to share more freely. Ironically, anonymity improves the quality of a conversation by eliminating the irrelevant data that often constrains conversation. Conversely, efforts to constrain anonymity destroys freedom of the web.

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Is Freedom A New Economic Paradigm?

December 10, 2009

A New Economic System of the country of Montenegro is based on complete and unfettered economic freedom; in other words, the elimination of all barriers to conducting business. Does this, in fact, lead to a new paradigm?

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Why is college measured in “degrees”?

December 9, 2009

The information that fuels the next economic paradigm will not be captured in the form of college degrees; rather, it will be captured in extremely detailed granularity of unique collections of knowledge assets in diverse combinations of persons that solve complex puzzles – and then share the solution with others.

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Making A Mess on Madison Ave

November 10, 2009

Wall Street talks about a Basket of Goods. The UN talks about a basket of Currencies. What would Madison Avenue say when Main Street coverts your baskets of goods with their basket of social currencies? Here is a simple business plan that will screw everything up.

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Banks In The Future

October 29, 2009

You are hearing it here; these innovations are the most significant disruption that Wall Street can’t possibly imagine. Money is a social agreement and these are the banks of the future. Although many come from the gaming industry, many games are modeled after the real world, therefore, transition back to the real world is not as difficult as one may think.

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Entrepreneurs or Social Media Riff Raff ?

October 7, 2009

I am noticing a recent backlash at the social media experts that are not actually experts. In one such rant, a real social media expert proposes a few simple questions that can help separate the good from the not-so-good.

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It Takes Currency to Make Currency

August 11, 2009

Immediately the engine of entrepreneurialism will ignite as people figure out new ways to play the game. With a trillion dollar advertising industry, a trillion dollar Professional Placement industry, and a trillion dollar recreation/leisure/entertainment/family industry on the ropes, you can guarantee that innovation will be absolutely intense. Welcome to the Innovation Economy.

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The Vicarious Search Engine

July 7, 2009

This is how the innovation economy must play out. People must control, regulate, anonymize, and manage their own knowledge inventory. If only they could see their world through the entrepreneur’s eyes – perhaps they need a vicarious search engine more than anyone.

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Is the Corporate Structure Obsolete?

June 24, 2009

In short, we have seen social media replace or duplicate almost every structural element of the traditional corporation outside of the construct of corporations. Can social media provide a corporate structure in and among itself?

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Treating the consequences, not the symptoms?

June 10, 2009

Problems are often so complex and so integrated across the globe that no single person can accumulate in a lifetime the experience needed to manage effectively. Actions without wisdom have unintended consequences for yet unknown victims.

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The Winners of War Write the History

May 20, 2009

Even in the age of Social Media, the tenet holds fast; the winners of the war write the history. The purpose of education is greatly expanded and the value of education is multiplied many times over. The teacher will become the ultimate entrepreneur.

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Follow The Leader

May 12, 2009

There are two types of Leaders in the World. The first type elevates themselves by standing on the shoulders of others. The second type elevates themselves by elevating the people around them. The next paradigm of economic development will be an innovation economy characterized by social aggregation and search devices that identify both types of leaders in a community.

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The Next Economic Paradigm; Part 1

April 3, 2009

The Innovation Economy will not be delivered by corporations, Government or Academia. There no single person, country, ideology, or philosophy that can meet the challenges of the future alone – everyone will be required to participate because everyone has a stake in the outcome.

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Innovation Bonds: 3 Million Jobs

February 26, 2009

Another approach for spending a Trillion dollars (backed by debt) would be for the government to issue innovation bonds (backed by innovation) to fund new enterprise.  Surely the World still greatly admires and respects American Ingenuity (social capital, intellectual capital, and creative capital) and would likely buy such a financial instrument instead of more of [...]

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The Trojan Horse; A Classic Social Fraud

January 12, 2009

Periods of change in any market open the doors for abuse as control systems often lag behind the waves.  This is especially true for social capitalism where the social contract is changing rapidly and the enforcement mechanisms are largely non-existent. All markets must have effective vetting mechanisms in order for the market to be viable.  [...]

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A System for Innovation

December 2, 2008

We have established that Innovation and wealth creation are profoundly related and that one cannot be sustained without the other.  A huge problem is becoming apparent because Money lives in a complex, global and highly integrated system where billions of dollars can circle the globe daily at the speed of light. Meanwhile, innovation does not [...]

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Social Media; A Public Innovation System

November 21, 2008

In order to restructure our financial system; we first need to restructure our innovation system.  ALL of the top ten reasons for business failure are due to a lack of knowledge, not a lack of money. Top 10 reasons why businesses fail: 1.    Lack of an adequate, viable business plan 2.    Insufficient sales to sustain [...]

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A Few Predictions for the Innovation Economy

September 18, 2008

Social Network will become the corporate structure of the future. They will spit out start-ups at an astonishing rate. The “resume system” will be banished forever possibly earning the title of the cruelest human invention since the lobotomy. The University System will be challenged – the relevance of the college degree will be questioned in [...]

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The Capitalization of Knowledge – Innovation Bonds

September 18, 2008

With a computer readable knowledge inventory, local communities of practice, a percentile search engine algorithm, and the virtuous circle of finance, then future innovation cash flows can be predicted much more accurately and with far lower risk than with, say, the venture capitalists acting alone. Were risk is predictable, cash flows are predictable and the [...]

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The Capitalization of Knowledge – The Virtuous Circle

September 18, 2008

We have set up a new game for entrepreneurs to play called Innovation Economics. We have defined a currency and an inventory where knowledge is visible outside the construct of the corporation – and resident in social networks. We have also described a way for entrepreneurs to visualize the knowledge asset and the supply and [...]

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