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A New Framework for Co-creating Business and Social Value

photo of Michel Bauwens

Michel Bauwens
1st February 2008


Darren Sharp informs us that his latest report on user-led innovation is finally live on the Web.

Here is the announcement:

User-led Innovation: A New Framework for Co-creating Business and Social Value,’ co-authored by Darren Sharp and Mandy Salomon. The sources of innovation are shifting rapidly from the traditional 20th century model of commercial R&D labs, elite universities, private companies and government agencies to user-led innovation. Today’s users have much greater input into the creation and dissemination of the media, knowledge and culture they consume. Open Source software, virtual worlds and media-sharing communities are at the forefront of new modes of user-led innovation that challenge established boundaries between producers and consumers.

This new CRC report reveals the major drivers of user-led innovation and explores how it is affecting organisations’ relationships with key stakeholders. It investigates how user-led practices generate business and social value through a major case study of the virtual world Second Life. The report canvasses a number of pathways for organisations to leverage the participation of their audiences, customers and citizens in the interest of co-creating new products, services and platforms.

The research draws on extensive interviews with some of the world’s leading thinkers on the social, economic and legal aspects of user-led innovation including: Eric von Hippel (MIT), Yochai Benkler (Harvard), Jimmy Wales (Wikipedia), Siva Vaidhyanathan (Virginia), John Howkins (Adelphi Charter), Michel Bauwens (P2P Alternatives) and Mitch Kapor (Linden Lab).’

3 Responses to “A New Framework for Co-creating Business and Social Value”

  1. Jon Husband Says:

    Corresponds with the January 21 ’08 release of the Aspen Institute Roundtable on Communications and Society (John seeley Brown, Joi Ito, John Hagel, Tom Malone, etc.) titled “The Rise in Collective Intelligence – Decentralized Co-Creation of Value as a New Paradigm of Commerce and Culture”. White paper written by David Bollier.

    Michel I have the PDF on my hard disk .. if you email me, I’ll reply with it (and I think we owe each other a howdy and quick catch-up, amyway ;-)

  2. Aditya Pawar Says:

    I just stumbled upon your article and the comment following it. I am currently doing my thesis on user generated content, pertaining to city planning and other civil matters. Interestingly, the project is supported by a public library (and to some extent the municipality).
    I would be happy if you have some literature suggestions for me or examples of similar project.
    @ Jon – is it possible for you to pass me the paper, you mention above, it sounds interesting.

    Thanks
    Best
    Aditya

    adipawar@gmail.com

    TUDelft
    Netherlands

  3. Michel Bauwens Says:

    Do send me an email at michelsub2004 via gmail, I can put you in touch with Jon and other researchers more easily,

    Do you know George Dafermos at TU Delft?

    Michel

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