tangible

Factor of Production #2; Creative Capital

March 10, 2010

The financial system that we live in today is allocated to us all through chunks of Land, Labor, and Capital. It should be fairly obvious that there are some issues with land (real estate bubble), Labor (high unemployment/out sourcing), and Capital (financial system meltdown).

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The New Definition of Innovation

February 12, 2010

The existing definition of innovation is insufficient for use as a way to identify innovation in the present. There is no way to build an innovation economy upon a flawed definition and unpredictable value of innovative activity.

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A Community of Knowledge Assets

February 11, 2010

Our culture organizes itself around winners and losers. Corporations reflect this competitive nature to the core of their Capitalist doctrine. Sports analogies abound across the enterprise straight through to the HR department always on the lookout for the most amount of superstar for the least amount of money.

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The Old Economic Paradigm Breaks Down

January 29, 2010

Does the Merchant Class allocate land Labor and Capital to the a great extent in an Innovation economy? The accepted statistic is that 70% of a company’s value comes from human capital and the creative solutions that they produce

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Video: Tangible Knowledge; The Holy Grail of Social Media

January 22, 2010

What if knowledge assets were tangible? What if you owned your knowledge like a company owns a structure or specialized machinery? What if it could be quantified and qualified so that it resembles all other tangible assets? Easy answer…entrepreneurs will trade it, like money.

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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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Pirates, Anarchy, and the Monetization of Social Media

December 11, 2009

No sane blogger would post an article suggesting that anarchy is superior to government as a means of producing widespread cooperation…or would they? So far, the result has been phenomenally successful in social media and therefore demonstrates that anarchy may in fact work better than government.

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Fallout: FTC and Blogger Payola

December 11, 2009

The FTC recently issued guidelines for payola to bloggers. The impact and opinions are now emerging over what this means for social media. As with any game played on a new field, rules need to apply. The questions emerge regarding who the rules hurt, who they help, and how the game will develop in the future due to those rules.

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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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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.

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Is a social contract legally binding…and who cares?

July 13, 2009

The Ingenesist Project posits that trillions upon trillions of dollars worth of value that is being transferred to social media from a legacy economy stifled by insurmountable debt. These numbers are indeed spectacular because they account for the value “lost”, and most importantly, the calculations provides clues on how to “find” it again.

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The Competition is Competition Itself

June 7, 2009

Heisenberg’s uncertainty principle, as an analogy, suggests that the more we know about competition, the less we may know about cooperation. The more we know about cooperation, the less we know about competition.

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You Are The Algorithm

May 4, 2009

Google cannot organize knowledge because knowledge exists only within the consciousness of a person. Instead, busy little Google spiders scour the Internet looking for high rates of change of information and they use that as a proxy for “knowledge”.

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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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What Comes After the Knowledge Economy?

March 25, 2009

The Innovation Economy will not be induced by corporations, Wall Street, or even the Federal Government. This is something that we must create for ourselves. Social Media will play a pivotal role in the next economic paradigm.

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The Fertilizer Economy

March 15, 2009

The bad news is that United States has a global comparative advantage in producing bullshit. The good news is that we may actually be able to till it into fertilizer for the Innovation economy.

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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 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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Business Plans of the Innovation Economy

December 3, 2008

There is no shortage of money in the world but there is plenty of risk. Most business failures are due to knowledge deficits such as the inexperienced management team, a poor assessment of market conditions, underestimating the amount of money needed, underestimating a competitor, loss of a key employee, poor understanding of the technology, etc. [...]

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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; 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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Tangible Knowledge; Options and Contingencies

November 19, 2008

In order for knowledge to become a tangible asset, we need to come to grips with the fact that human knowledge is fluid and mobile, whereas a condo or a piece of machinery is static.  A machine can’t walk away if it does not like their management. With knowledge assets, the typical “Return on Investment” [...]

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