Saturday, June 11, 2005

The Power Of Us

The Power Of Us: "Yochai Benkler, a Yale Law School professor who studies the economics of networks, thinks such online cooperation is spurring a new mode of production beyond the two classic pillars of economics, the firm and the market. 'Peer production,' as he calls work such as open-source software, file-sharing, and Amazon.com Inc.'s (AMZN ) millions of customer product reviews, creates value with neither conventional corporate oversight nor market incentives such as payment. 'The economic role of social behavior is increasing,' he says."

No comments: