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3841407
Peer to Peer Networks
Description
ECON2540
No tags specified
dke
innovation
peer networks
econ2540
bachelor
Mind Map by
stella.kalis
, updated more than 1 year ago
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Created by
stella.kalis
about 9 years ago
24
0
0
Resource summary
Peer to Peer Networks
Pure Network
egalatarian
voluntary
Hybridisation
Meritocratic Principle
leaders are most skilled and experiences members
Information Economics
property rights -> upside down
can share and modify but must share your changes with the community
no exclusion
open source licences / general public licences
Motivation similar to Entre
passion
exposure
status
experience
may be paid by employer (IBM, Intel)
Bypass traditional firm overheads
contracts
quality control
costs of integration
attract diverse talent pool
IBM
Open Source Experiment in 1990s
embraced open computing driven by adversity
donated proprietary software to OS community
allowed for speedy innovation, very low cost
competitive advantage
made billions by 2006
estimated they saved $1bn / yr in costs
Intrapreneurship in 1980s
create culture of innovation
New entity which is entrepreneurial set up to create PC
given $100m
outsourced op. system to Microsoft
PCs sold via retail outlets not IBM
Creative Destruction: Personal Computer replaced mainframe computing
adapted to thrive
Works Best For:
producing information / culture as output
process can be broken down into chunks
harness power of mass networks to create new G&S
harness skill, talent more efficiently than firm heirarchy
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