In a cutthroat world – some Web giants thrive by cooperating

By Greg Ferenstein

Thanks Greg, I feel we are moving towards fundamentally revising our relationships, at all levels.
Where does this highly competitive mindset come from?

Great minds have pondered about this…
Great subject, thanks for raising it, it is important.

P.S. Let me just indicate one important source of new ideas:
C.K. Prahalad in his book: The new age of innovation.

Amplify’d from www.washingtonpost.com

In a hard-knuckled, free-market economy built on competition, the most successful Internet companies put a high stake in another value: cooperation.

They haven’t lost a step in Wall Street’s cutthroat business culture. And in fact, they may well be transforming ideas of work in America.

Take Google, which gives away much of its most valuable information, yet made $29 billion in revenue last year. Or Facebook, which manages employees through consensus. Or Twitter, which maintains a small-business feel even as its growth has spurred speculation it could raise $10 billion in an initial public stock offering.

The allure of cooperative economics is that it might not just be good for individual businesses but also build industries and even economic communities. Friendly competition is the explanation often given for the unique success of Silicon Valley, the birthplace of Google, Twitter and Facebook.

But it’s rooted in something much less friendly: lawsuits. During the ’90s tech boom, California courts refused to uphold noncompete agreements commonly used on the East Coast to keep former employees from working for competitors. Such rulings produced a lucrative revolving door of local talent. Combined with the start-up culture of constantly opening and closing new ventures, Silicon Valley developed a tight-knit sense of community, according to AnnaLee Saxenian, dean of the School of Information at the University of California at Berkeley.

Read more at www.washingtonpost.com

 
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About charlesvanderhaegen

I am a grandfather of an immensely inspiring family, thanks to the most incredible wife. To satisfy my family's needs, I was for 30 years business entrepreneur, roller coasting between success and failure. 17 years ago I was forced to stop and reflect. I dug into theory and discovered the World out there, that my involvement in Business had kept hidden to me. I feared that I will not escape remaining amidst my trans-disciplinary quest forever, bouncing back and forth from action to theory, always puzzled by Europe's apparent incapacity to free itself from its Institutional/Technological Lock-ins. My horizon opened up when Gunter Pauly, my intimate friend of 35 years, asked me to join him and take charge ZERI's development in Europe. I am now fully engaged alongside Gunter Pauli in the http://www.zeri.org and the @myblueeconomy Networks as CEO of ZERI.EU vzw (Non for Profit association)
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