Archives

financial instrument

Twitter Vetting = Twetting?

September 14, 2009

There are 3 characteristics of financial instruments which make them tangible in a market: They live in an inventory, they are exposed to vetting mechanisms, and they are subject to constraints.

Read the full article →

The New Reverse World Order

September 9, 2009

If someone can track your spending, they can predict your behavior. It is also true that if someone can track your behavior, they predict your spending. The next economic paradigm is simply a higher order of the same. If someone knows your “Knowledge Inventory” they can predict how you will manage changing conditions – that is, how you will innovate. Likewise, tracking how people innovate exposes the development of new knowledge assets (the ‘gold-standard’ of conversational currency).

Read the full article →

Trust as a Social Currency

September 8, 2009

The idea of trust as social currency is appearing in more articles, conferences, and books. This is all highly consistent with the TIP thesis on Innovation Economics which describes the necessity of a vetting mechanism among the knowledge inventory as a means for the emergence of a currency in a market – that is, a conversational currency. People need to trust the currency if they are to trade the currency.

Read the full article →

The Social Media Resolution; From Monet to Blue Ray

August 14, 2009

The Ingenesist Project and related blogs such as Relationship Economy and now Conversational Currency have long predicted that the resolution of social media space will vastly increase from “Monet” to “Blue Ray”. The segmentation and convergence of social media space will happen on two fronts: Knowledge Inventory and Proximity.

Read the full article →

The Value of Social Currency

July 9, 2009

Roughly 10% of the US gross Domestic Product can be attributed directly to the process of evaluating or examining transactions. The ability to foresee the result of specific knowledge assets deployed to specific business conditions is the Holy Grail of entrepreneurs.

Read the full article →

How Does Social Media Affect GDP?

June 19, 2009

Gross Domestic Product does not take into account many important variables accelerated by Social Media and growing exponentially in economic influence.

Read the full article →

The New Economic Paradigm; Part 6: The Business Plan

April 10, 2009

The business plan of the innovation economy is very simple; it starts with the single transaction between two people. The lender provides information and the borrower combines the information with their existing knowledge to create more knowledge.

Read the full article →

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 [...]

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 →

Social Clipping and the Amazing Disappearing Economy

January 14, 2009

In the early 1990’s, the NAFTA Mutual Recognition Document (MRD) for engineering professionals was the first modern attempt to treat knowledge like a financial instrument. Unfortunately it failed because of a tiny little flaw that I call ‘social clipping’. Most trade agreements that followed were modeled after NAFTA and, as such, inherited the clipping flaw.  [...]

Read the full article →

Social Media; An Alternate Universe of Wealth Creation

December 21, 2008

The trick is for society to organize itself in a slightly different way – this is where Social Media needs to position itself with the next generation of applications. If so, the business model for social media will become hugely important to an innovation economy – too important to fail.

Read the full article →

Social Enterprise; Rating Systems

October 31, 2008

There is an ongoing discussion about the rating system for articles posted to a business oriented social network site that I belong to.  While am not part of the discussion, my one and only post to that site had been rated very low despite the fact that I am recognized internationally in the subject matter [...]

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 →

Next Entries →

y_E9iq8ed_y-mePfNA3-ToSm2pufnr10TiW-rx6U-ls