What is Wikinomics ?


Experts believe that Wikinomics has the power to be bigger than industrial revolution or even the invention of computer. Soon, there will be huge world companies emerging and the current day Multinational Companies (MNCs) and large-scale corporations will have to re-think and adopt wikinomics ways.

Wikinomics describes a modern economic structure that will soon become the way of the business world. Shunning the traditional style of working, corporate world is rapidly adopting this unique system, which is completely based on mass collaborations, sharing and transparency.

Wikinomics will transform the entire world economy!

To fully understand Wikinomics, we have to first know what 'Wiki' means. Wiki is a concept of global collaboration of many different individuals and entities, working on one common project. Wikipedia and Linux are two of the most popular Wiki-projects. Today these projects are bigger than most of the traditional companies. That is the power of Wiki.

Imagine the gains, if this amazing weapon is used commercially, to help people all over the world reap in financial and other benefits? That is exactly what Wikinomics is all about – Mass collaboration of people and companies from across the globe to achieve a common commercial goal.

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