Wikinomics is the future for the entrepreneur

Published August 24, 2008 4:00am ET



One of the most important changes in today’s digitized economy is the unprecedented opportunity for creativity and entrepreneurism for small- and medium-sized businesses. The growing accessibility of the tools required to collaborate, create value and compete enable individuals and smaller companies to participate in innovation and wealth creation within every sector of the economy.

New low-cost business infrastructures (from free Internet telephony to global outsourcing platforms) allow thousands upon thousands of small- and medium-sized producers to create products, access markets and delight customers in ways that only large corporations could manage in the past.

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