Archives

finance

Change You Can Bank on

June 5, 2009

Social media allows us to express the dynamics of our world in real time and at great speed. Feedback loops are shorter and cause and effect can be more easily differentiated.

Read the full article →

The Currency of Transformation

May 19, 2009

Information, knowledge and innovation are distinct phases of human intellect which are profoundly related. The vehicle for transformation across these phases is the “conversation”.
The next economic paradigm will introduce thousands of convertible currencies in the form of infinite conversations. Those currencies will be converted in infinite combinations for infinite applications each time adding value.

Read the full article →

The New Economic Paradigm; Part 5: The Entrepreneurs

April 9, 2009

There is no shortage of entrepreneurs in this world. 6 Billion of them wander the Earth looking for assets that exists at a low state of productivity waiting to be elevated to a higher state of productivity.

Read the full article →

The Next Economic Paradigm; Part 4: Institutions

April 7, 2009

In this module, we will discuss the institutions in social media that could keep an Innovation Economy, free, fair, and equitable.

Read the full article →

The Next Economic Paradigm; Part 3: Knowledge Inventory

April 6, 2009

Most companies have an inventory of every nut, bolt, rivet, or panel that they need to build something tangible. In innovation economy, we will need to have an inventory to assemble knowledge assets so that we can build something tangible

Read the full article →

The Next Economic Paradigm; Part 2, Currency

April 5, 2009

Everywhere people are trading information and ideas with each other at an incredible rate. All of this information adds up to something because obviously things get built and stuff rolls off the assembly lines. People act on information obtained from each other to produce things.

Read the full article →

Necessity Is The The Mother of All Stimuli

February 10, 2009

The Ingenesist Project is to induce a crowd sourced innovation economy by integrating Social Media with three web applications. It’s all about to become extremely exciting.

Read the full article →

The First Mile in Social Media

February 6, 2009

The secret to finding a business case for social media can be found in “The Last Mile”. It would seem that innovators and entrepreneurs would be strafing each other to fill this vastly under served market and lucrative market segment.

Read the full article →

The Shift to Social Capitalism

January 8, 2009

As computer enabled society marches toward social capitalism as a result of overburdened financial institutions, a new generation of social media applications will form to emulate those institutions.  Social capital, creative capital, and intellectual capital will increasingly behave like tangible assets. As an example, this article compares the concept of the financial credit score with [...]

Read the full article →

Social Media; the Integrator of the Innovation Economy

November 24, 2008

Where are the gray suited diplomats holding each others forearms against a world map backdrop vowing to correct the world’s innovation system?  Where are the politicians joining across party lines about how to inject 700 billion dollars to fix the nation’s innovation system?  When will the Federal Reserve Chairman find the flaw in our national [...]

Read the full article →

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 [...]

Read the full article →

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 [...]

Read the full article →

INGENESIST PROJECT: Submission to the 10^100

October 8, 2008

INGENESIST PROJECT: Submission to the 10^100 Innovation Contest; www.project10tothe100.com Single sentence: The Ingenesist Project is an open source economic development program to induce the Innovation Economy utilizing Social Networks. Tell us more (300 words) The current financial system has reached the limits of its effectiveness. Interest on debt has exceeded the system’s ability to pay [...]

Read the full article →

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 [...]

Read the full article →

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 [...]

Read the full article →

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 [...]

Read the full article →

Intellectual Property in the Innovation Economy

September 18, 2008

Today there is a big scare that bad people will run off with your intellectual property and make a ton of money with it. Another problem is that the Patent system is so slow and so expensive that the vast majority of innovators simply do not have access to patent protection – many people just [...]

Read the full article →

The Innovation Bank

September 18, 2008

So now, what are the entrepreneurs going to do with this percentile search engine? Entrepreneurs wander the earth looking for valuable things that are being used at a low level of productivity and they move those assets to a higher level of productivity and then pocket the difference, called profit. Think pet rock, condo conversions, [...]

Read the full article →

The Percentile Search Engine

September 17, 2008

The Percentile Search Engine is a way of using a computer to make predictions about all types of combinations of knowledge Assets. Conceptually, the percentile search engine is where all of the equations that we use to analyze financial assets are now applied to knowledge assets. The main characteristic is that the Percentile Search Engine [...]

Read the full article →

The Knowledge Inventory; Part 3

September 17, 2008

In American society there is a persistent ideology of winners and losers; there can only be one winner and the rest are losers. We rank things in a very linear way; 1st, 2nd, 3rd, etc. Sports analogies dominate many business expressions; low ball, hail mary pass, ball’s in your court, etc. Our culture is to [...]

Read the full article →

Economics of Innovation

September 16, 2008

Every time humans invent better ways of doing things, the economy gets a little bigger. This is a simple idea. The cave dwellers discovered that they did not have to travel as much hunting and gathering if they could sharpen a rock enough to chop a tree down for firewood or for spearing animals.  That [...]

Read the full article →

Next Entries →

y_E9iq8ed_y-mePfNA3-ToSm2pufnr10TiW-rx6U-ls