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.
Posts Tagged ‘tangible asset’
The Shift to Social Capitalism
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 an [...]
Social Enterprise; Rating Systems
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 [...]