Category:Business

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Introduction

This section collates material related to peer production, P2P Business developments, and P2P Economics issues.

Recommended reading:

  1. Markets are inefficient for non-rival goods. Josh Farley
  2. In peer production, the interests of capitalists and entrepreneurs are no longer aligned


Short Citations

Working together as equals. Profiting from each others success. These two ideas represent a surprisingly radical redefinition of work.

- Bernie DeKoven [1]


"we genuinely believe that radical sharing is a win-win for everyone. Expanding markets create new opportunities."

- Tim Bray, Sun Microsystems [2]


The best people (to solve any given problem) don't work for your organization. A corollary to this: if you don't have the best people working for you, you will fail. Use transparency and the marketplace to find the best people located outside your organization.

- John Robb [3]


Post-industrial modernization brings a fundamental shift in economic strategies, from maximizing material standards of living to maximizing well-being through life style changes. The "quality of experience" replaces the quantity of commodoties, as the prime criterion for making a good living

- Alan Moore [4]


the Implicit Goal of Attention Economy is: to tightly intertwine everyone at the level of mind. But that involves individuals seeking, obtaining and/or paying attention.

- Michael Goldhaber [5]


Peer production is viable when: 1. capital costs (needed for production) fall far enough and 2. coordination costs fall far enough. Cheap computing and communication reduce both of these exponentially, so peer production becomes inevitable.

- Anomalous Presumption [6]


The peer producers are their own consumers. They get a better product by tapping into the knowledge pool. And they get a product that exactly fits their needs because they help design it.

- Eric Schonfeld [7]


Long Citations

Competing 'on top' of the Commons

David Bollier:

"One of the best ways to stimulate competition, innovation and lower prices is for participants in a market to honor the commons (a shared pool of resources, a minimal set of safety or performance standards) and then to compete "on top" of the commons. Instead of being able to reap easy profits from monopoly control over something everyone needs -- say, a computer operating system like Windows -- a company must work harder to "add value" in more specialized ways." (http://onthecommons.org/node/1196)

The Sharing Economy should be distinguished from the Monetary Economy

"... the quest for self-determination and meaningful and memorable experiences ultimately will hinge on people's understanding that they are not merely consuming a product, but that they are actually participating in a meaningful social process not guided by an extrinsic logic (profit), something that rather has intrinsic, or 'sovereign' value. I don't believe that these two can be fused into one

- Eric Kluitenberg, iDC archive [8]


Market Logic vs. Network Logic

"The philosophy that undergirds exchange also contrasts sharply across forms. In markets the standard strategy is to drive the hardest possible bargain in the immediate exchange. In networks, the preferred option is often one of creating indebtedness and reliance over the long haul. Each approach thus devalues the other: prosperous market traders would be viewed as petty and untrustworthy shysters in networks, while successful participants in networks who carried those practices into competitive markets would be viewed as foolish and naive... In a market context, it is clear to everyone concerned when a debt has been discharged, but such matters and not nearly as obvious in networks."

- Walter Powell - "Niether Market Nor Hierarchy: Network Forms of Organization" 1990


Markets without Money

"Money is a very important and useful medium of exchange for high-value, tangible products. For small-value, intangible products, the costs tend to exceed the value of the transactions—especially when you add in the overhead associated with making payments at a distance. Fortunately, human beings are clever. We’ve begun to find a variety of substitutes for money that work better."

- Tim Lee [9]


Social Commerce and the Intention Economy

"only 13% of consumers say they buy products because of their ads. Contrast that to 60% of small business owners in North America that say they use peer recommendations to make their buying decisions and over 70% of 18-35 year olds who report the same for their media purchases."

- Tara Hunt [10]

Key External Articles

  1. Ten Principles for an Ethical Blogger Approach For Marketers
  2. Which tools to use for collaboration in business? - recommended overview table.
  3. The Open Business Guide
  4. Common Rights vs Collective Rights is an essay by Dan Sullivan in which he also explains the difference between Common Property and collective property.

Key Internal Entries

Check the following priority entries:

  1. Business Models: Open Business; Open Music Business Models; Open Film Business Models; Free Software Business Models; Open Source Business Models
  2. The new partnership economy: Crowdsourcing ; Crowdfunding ; Co-Creation ; Direct Economy
  3. Infrastructure projects: Peer to Peer Exchanges ; P2P Exchange Infrastructure Projects
  4. What kind of capitalism? : Affective Capitalism ; Cognitive Capitalism ; Mental Capitalism ; Netarchical Capitalism ; P2P Capitalism
  5. What kind of economy? : Attention Economy ;Economics of Attention; Conversation Economy ; Markets as Conversations ; Ethical Economy ; Intention Economy ; Process Economy
  6. The new consumers: Mass Amateurization ; Pro-Am Revolution  ; Consumer-Generated Media ; Customer-Controlled Networks ; Customer-build network infrastructures ; Customer-centric Brands ; Production without Manufacturer; User-Capitalized Networks ; User-Generated Ecosystem ; User-centered Innovation ; User-created Advertizing ; User-driven Advertizing
  7. New competitive practices: Asymmetric Competition; Edge Competencies ; Open Innovation ; Diffuse Innovation ; Lead Users ; Revenue Sharing ; Rewards for Contributions
  8. Networked markets: Affinity Investing  ; Affinity Markets ; Recognition Markets ; Social Commerce
  9. Expanding P2P in the physical economy? Desktop Manufacturing ; Multiple-Purpose Production Technology ; Open Design ; Open Hardware ; Rapid Manufacturing ; Rapid Prototyping ; Rapid Tooling
  10. Open models: Open Business ; Open Capital ; Open Company Models
  11. Commons models: Circulation of the Common; Commons; Economics of Sharing
  12. Key analytical concepts: GPL Society ; Germ Form Theory ; General Intellect ; Immaterial Labour ; Precariat ; Precarious Labour ; Precarity
  13. Alternatives: Markets without Capitalism ; Natural Capitalism ; Steady State Economy

Key Tags

P2P-Advertising; Crowdsourcing; Desktop Manufacturing; Distributed Capitalism; Innovation; Netarchical Capitalism; Open Source Commercialization; P2P Banking; P2P Business Developments; P2P Capitalism; P2P Economics; P2P Exchanges; P2P Management Developments; P2P-Money; P2P-Production; P2P-Property; Revenue Sharing; Social Commerce


Related Issues of P2P News


External Sources

Selected Wikipedia entries


Selected Podcasts

The P2P Business Encyclopedia

Subcategories

This category has only the following subcategory.

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Pages in category "Business"

The following 200 pages are in this category, out of 1,920 total.

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