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two cultures

policy centralized hierarchical generalist jurisdiction-based command and control status quo based legal infrastructure. research decentralized autonomous specialized competence-based markets of ideas/reputation science based knowledge infrastructure. two cultures.

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two cultures

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  1. policy centralized hierarchical generalist jurisdiction-based command and control status quo based legal infrastructure research decentralized autonomous specialized competence-based markets of ideas/reputation science based knowledge infrastructure two cultures

  2. old common problem • compartmentalization • disciplinary • jurisdictional • institutional solutions • interdisciplinary research programs • professional education • interagency working groups • European Commission

  3. new common problem:too much, too fast, too diverse • policy • compare business environment (pre-bust) • tactical minimalism • research: too little, too slow, too limited • but vast opportunity • diffuse programmatic/institutional/policy focus • domain “convergence” • focus on creation of future value

  4. Digital Paradox:Blurred Categories • expenses / assets • public / private • economic / social • work / home • local / global • product / service • common / proprietary • firm / market

  5. “blurring” • expansion • polarization • hybrid/intermediate forms • stratification • confused definitions • ambiguity • uncertainty • forward looking environment • loss of trajectory

  6. Expanded Categories • software • transactions • enterprise • network • knowledge • market

  7. Market Transformation • heterogeneous economics – e.g., • telecom infrastructure • information products • knowledge services • shifting units and categories • competition FOR the market • networks, alliances, consortia • stratification • globalization • micro markets

  8. Market transformation II • indirectly monetized • advertising, channeling, personal information • unmonetized • barter, “gift economies”, RF standards, open source • intangibles problem: • difficulty of measuring future value indirectly • indeterminacy of control, marketability, and liability

  9. knowledge management policy economic value technology law

  10. intangible assets knowledge management tangible assets and inputs future economic value technology

  11. intangible assets law knowledge policy management tangible assets and inputs future economic value technology

  12. some challenges in understandinga knowledge-based economy • different kinds of knowledge • tacit, explicit, embedded… • knowledge as liability • transaction costs • degree of commoditization • value of attention/opportunity costs • only certain parts are easy to measure • skew to measurable (esp. outputs) • skew to assets rather than liabilites • problem of shared control

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