Learn more. on new competitive principles such as openness, peering, sharing, and act-ing globally. The digital age creates many new circumstances for all of us. Wikinomics principles | Download Table - ResearchGate Could you take a look at maybe just one of those as an example, and how it might affect a company or a sector? So thats a very hopeful thought. According to wikinomics with perspective of the enterprises or organizations, Tapscott and Williams describe the four powerful principles which are Openness, peering, sharing and acting globally. New York: W.W. Norton & Company. Platforms for Participation 183 8. And our research basically came to the conclusion that it hurts you only if you let it. What he did was, rather than thinking in terms of hierarchies, he thought in terms of peers and peering. In our free market economy where the ability to change and grow is imperative to longevity, corporations find themselves reinventing the rules of business to survive the flat world created by a global Internet. John Dewey and the High Tide of American Liberalism. Recent Articles. If youd like to learn more on this topic and others, please visit the Harvard Business Review website at www.hbr.org, or pick up a copy of the magazine, available at newsstands everywhere. And it turns you can create software, the Linux operating system, or application software. More >>, Anthony D. Williams has been researching and writing about trends in The wiki model has become more than just a collaborative platform, but the culture of an entire generation that lives plugged into their keyboards co-creating content and media with their friends. When you give others the right to co-develop, then the value is transferred from the components of the products to the new invention made from these products. Zakat ul Fitr. A partnership with a university, for example, can help your company benefit from different perspectives by helping parties focus not only on a single solution to a problem but also remain open to many solutions. Look at the Business essay sample about Principles of Wikinomics at SupremeEssays.com to see how a worthy paper should be produced.