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Welcome to World 2.0: the new digital ecosystem

Fahri Karakas (Based in the Desautels Faculty of Management, McGill University, Montreal, Quebec, Canada)

Journal of Business Strategy

ISSN: 0275-6668

Article publication date: 3 July 2009

6426

Abstract

Purpose

The purpose of this paper is to introduce and describe World 2.0; the interactive, hyper‐connected, immersive, collaborative online ecosystem.

Design/methodology/approach

The paper reviews paradigm shifts in technology and the internet that transform the world of business and innovation.

Findings

The author proposes five shifts that characterize and describe World 2.0: creativity, connectivity, collaboration, convergence, and community. These shifts define the new global landscape of business, technology, and innovation.

Practical implications

The article provides managers and professionals strategies for innovation in the World 2.0 ecosystem.

Originality/value

The concept of World 2.0 provides managers and professionals a fresh perspective and an integrative vision of the twenty‐first century business and innovation landscape.

Keywords

Citation

Karakas, F. (2009), "Welcome to World 2.0: the new digital ecosystem", Journal of Business Strategy, Vol. 30 No. 4, pp. 23-30. https://doi.org/10.1108/02756660910972622

Publisher

:

Emerald Group Publishing Limited

Copyright © 2009, Emerald Group Publishing Limited

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