What Does the New Internet Mean for Business?

Wikis, Weblogs and RSS: What Does the New Internet Mean for Business? - Knowledge@Wharton

Kevin Werback discusses the question with three experts, producing brilliant moments like this: "It used to be easy to measure transaction costs especially when looking at economies of scale and speed. That's what helped justify centralization in vertically integrated firms. In the more dynamic and decentralized world, the value shifts to economies of scope."