Entries Categorized as 'Economics'

The Big Switch by Nicholas Carr

Date February 23, 2008

Nicholas Carr, famous for being among the first to publicly point out, in IT Doesn’t Matter, that investment in information technology had gone from being a differentiator to a cost of doing business, is back in the limelight with an ambitious new book, The Big Switch (website). It starts out with a fairly focused [...]

Entrepreneurship, Intrapreneurship and Cross-preneurship

Date February 19, 2008

I’ve heard people describe themselves as serial entrepreneurs. I suppose I could say I am something of a cross-preneur: I like experimenting with *preneurial behaviors in different contexts. Serial *preneurship would bore me. I’ve been meaning to write something about entrepreneurship and intrapreneurship for the last few weeks, since it recently hit me that I [...]

Creative Destruction: Portrait of an Idea

Date February 6, 2008

The phrase creative destruction has resonated with me since I first heard it, and since then, it has been an organizing magnet in my mind for a variety of ideas. I was reminded of the concept again this weekend while reading William Duggan’s Strategic Intuition, which mentioned Joseph Schumpeter as a source of inspiration. Visually, [...]

How the Internet is Really Evolving

Date February 4, 2008

Sometimes really smart people, perhaps because they are harried or busy, help perpetuate badly flawed models of important ideas. Memes that get traction because they are easy to repeat, not because they are right. One that I’ve noticed a lot in recent times is what I call the sequential fallacy in talking about the Internet. [...]

Mousetrap 2.0: A Comicbook

Date January 22, 2008

[Newsflash: this comic-book story has now appeared in print: in Massively Multi-Agent Technology in the Springer Lecture Notes in Computer Science series. If your institution has access to this publication, you can view the "official" version of the paper  here (you [...]

Clockspeed and Business Genetics Reconsidered

Date November 25, 2007

Nearly 10 years ago, in Clockspeed, Charles Fine of MIT revived a metaphor for the economy that goes back to at least Herbert Spencer’s essay, On The Social Organism (1860). A colleague recommended the book because I’ve lately been obsessed with issues of speed in innovation. Read as an anecdote-rich exposition of concurrent engineering, [...]

The Age of Speed by Vince Poscente

Date November 5, 2007

I was all set to be annoyed by this short book, but ended up being charmed by its cheery good-nature and earnest focus on its theme. The Age of Speed by Vince Poscente is a self-conscious little business book that is a little too aware of itself, and by no means an intellectual heavy-hitter. Yet, [...]

Is Jeff Bezos the New Jack Welch?

Date October 2, 2007

I don’t usually read the Harvard Business Review because it is inconvenient to read for free, and expensive to pay for, but I happened to dip into the latest issue and was really impressed with the Jeff Bezos interview. Every generation in business is defined by one or two CEOs who manifest and model the [...]

The Twitter Zone and Virtual Geography

Date August 22, 2007

My previous post on the 50-foot-rule led to an interesting exchange with reader tubelite, which led me to a more sophisticated appreciation of the idea behind twitter.com, and introduced me to the interesting ideas of Dunbar’s number and the Monkeysphere. After mulling the straggling exchange, and starting with tubelite’s insight that the 50-foot zone is [...]

Open Innovation, or is Business War?

Date August 20, 2007

The catchphrase of Henry Chesbrough’s work on innovation (a doctrine called “open innovation” and described in Open Innovation, 2003, and Open Business Models, 2006), is “not all the smart people work for you.” The key operational message that corporations seem to take away from it though, is “buy and sell intellectual property vigorously and throw [...]