Coordination and Judgment in the New Economy
Speaker
Abstract
Wikipedia, Firefox, and Amazon Mechanical Turk are examples of distributed problem solving made possible by the Internet. A central challenge that these collective efforts face is to coordinate among participants in a timely fashion. I review some of the practices that have emerged among the communities around these efforts and show how this has helped them to gain flexibility in the problem solving process. I then adopt Langlois' Entrepreneurial theory of the firm to shed light on how business might benefit. Potential benefits are two-fold, I argue. Understanding of the intricacies of open source collaborations enables firms to tap in to the fruits of such collaborations. It also allows firms to improve their internal organization.
Information
- Type
- Research Seminar
- Programme
- Strategy & Entrepreneurship
- Date
- Mon. 9 Dec. 2013
- Time
- 13:30 - 14:30
- Location
- Marconistraat 16 (10th floor), Rotterdam
