Wednesday, October 11, 2006

Web 2.0 : Economy of generosity

With the development of internet – and especially web2.0, a new model of organizations appeared on the web. In some cases, it can even be considerate
as a new business model based on human qualities such as generosity. This new business model can be seen as a major evolution in the way people relate to one another in the field of business.

The common use of the internet which has been spread alongside with Web2.0 technologies is currently renewing the capitalistic business model. Henceforth generosity is in itself a business model, which completely contrasts with the economy of rarity in place for ages. The most famous examples of such a model can be found in both Wikipedia. The idea behind Wikipedia is a pure example of generosity from both the people who provide the contents and the organisazion. One can argue that this is not a real business model because it does not create any money, but it is surely an E-culture organization.

If you want to know more about this new economic model, check this blog on Doc Searl's view of "Business of morality".

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