Innovation in new economy knowledge networks

The timing of this BRW article about sharing knowledge and innovation through networks is pretty good, considering we've just had a conference on that same topic. Quoting from a chapter in Innovation and Imagination at Work (Innovation in the networked world), they list four attributes of "New-economy knowledge":

• Speed - Information is increasing at an exponential rate and becoming obsolete more quickly.
• Cut-through - Gaining access to relevant and constantly updated information is of prime importance for continuous innovation.
• Sharing - Organisations trying to increase the diversity of their knowledge by doing everything themselves will suffer from information overload.
• Networks - New networks let companies expand their database of contacts.

If this interests you, also have a look at 5 principles for high-performance collaboration.

Tags: collaboration, knowledge management, innovation