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Welcome to Madhukar's New Economy Links


"The New Economy" means different things to different people
These Online Resources on
Knowledge Economy, Complexity & Chaos, Networks & Virtuality, etc.
have helped me to figure out what it is all about...


Index

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Metasites & Bibliographies

BRINT.COM
Maintained by Dr Yogesh Malhotra, this knowledge portal is a must-visit site. This is a huge repository of links, articles, discussion groups on Knowledge Economy, e-business, Complex Systems, Virtual Organisation, etc.

The Encyclopedia of the New Economy
Highly recommneded site for the uninitiated one! This three-part encyclopedia lists and defines all terms, theories and jargons which define the New Economy, brought to you be Hot Wired.

The New Economy Index
Describes structural changes which are occuring in the society - American Society, that is - due to the advent of the New Economy. Though 100% American, still an interesting site to visit.

The Information Economy
A very rich and useful resource of links - for subjects ranging from IP policy to network economics to Technical Information - hosted by the University of California, Berkeley.

Bionomics
A lovely site with a large number of small insightful articles. Look out particularly for the comparisons between the machine Age Economy & Information Age Economy.

Complex System Media
This site maintained by the School of Mathematical Sciences, Swinburne University of Technology is mind-boggling resource. Accepting that the complex system is a valid, logical framework to understand the contemporary reality, it provides links to subjects ranging from digital culture, fractals, increasing returns, financial markets....

The Information Economy
Univ of Berkley's economist, Hal Valerian's site on "The Economics of the Internet, Information Goods, Intellectual Property and Related Issues"


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Journals & Magazines

Many of the online New Economy magazines and journals are listed on my Knowledge Links Page. Click here to reach.

Business World
Why Business World ?... well, because since it went weekly, it has been carrying out issues and features which are relevant to understanding the New Economy in India. Go to the archives for some good articles.

e-CommerceTimes
An online newspaper, which brings out updates on the latest stories on e-com, e-biz, and what you have.

JOHO: Journal of Hyperlinked Organisation
Funny, witty, insightful. Also contains Hyperlinked KM Journal. Real zany enjoyable reading.

Threshold.com Journal
Another of those "New Age" journals which did not go beyond the first (few) issues. But the online archives of this journal have some excellent articles on the future of strategy, dissipative systems, new paradigms for the new age, etc.

The Economist's Special Collection Archive
Check out some of the articles in Business, Finance & Economics and Science & Technology sections, and you will understand why I included this link here.

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People & Ideas

Wired's 52 Who's Who
A link to most who mattered in defining and building the information economy.

Nicholas Negroponte on Being Digital
Nicholas Negroponte - author of Being Digital, the founder of MIT Media Lab, founder of WiReD. This is not the complete text of the book, but you can read some of the chapters. There is also a site where you can read the complete online text of all his Wired articles

Kevin Kelley
...the executive editor of WiRed, and the author of Out of Control (complete online text), highlighting the convergence of biological principles, machines and the new economic order. He was also the editor of The Whole Earth Review (now Whole Earth Magazine).

Thomas Kuhn's Structure of Scientific Revolutions
The person who broght introduced the term Paradigm Shift, which applies as much to the history of Science as it is relevant to understanding the Digital Age.

Brian Arthur
The Santa Fe Professor, winner of Schumpeter Award, former Professor of Human Biology at Stanford - writes about the Increasing Returns and Path Dependence (online papers). Of course, there are many who don't agree with him, but there is sufficient evidence that Arthur's theory is relevant for understanding the New Economy.

James Gleick
Author of Chaos: Making a New Science and Faster: The Acceleration of Just About Everything (online edition). His ideas have been influential in molding a distinct perspective about complexity and digital age - all except but one, which is about the absurdity of patent system. But perhaps, it is idea whose time has yet to come.

George Gilder
Described by Wired as "the thinker's thinking man", an influential writer and a regular columnist (Telecosm Articles) for Forbes. Read his recent articles here.



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Cases & Stories

This Organization is a Dis-Organization
The story of how Oticon implemented its Spaghitti structure, and turned itself around.

SENCORP's Management Model
Case study of a company which built in the structure and dynamic characteristics of the concepts of autopoiesis and complex adaptive systems in its management systems



Semco
This is the story of the Maverick company, which is has developed the fine art of Managing without Manager (online text). Back to Index

Internet History & Sociology

History of Internet (according to BBC)
Very elementary, but good. Gives you an overview, beginnings, arrival of junk and spam, e-commerce, timeline, etc.

On Distributed Comunications
In a way, this report submitted in August 1964 by Paul Baran at RAND, and which led to the launch of ARPANET in 1969, marked the beginning of Internet. But more than a technical document, it was a conceptual breakthrough.

It created the architecture of the new economy - networked, distributed with autonomous intelligent nodes, and a self-managing system without a central control... which marked the death of clockwork universe

...but even before Paul Baran's breakthrough were the The Prophets of Computer Age, such as,

...the rest is, of course,events & history. As a metaphor, the timeline of its growth offers some useful insights into the implicit terrain of the digital economy, and its rules of the game

On Openness and Freedom on Internet
This article, entitled Preserving the Information Ecosystem takes off from Eric Raymond' classic distinction between the The Cathedral and the Bazaar[the paper]/ [the book] and argues for the latter. It is about more than just Open Source Software, but the OSS "paradigm", about the "societal method for expanding the knowledge base".

The dawn of e-life
Special Newsweek report on how Internet is changing the way people live, work, shop, love...

Stephen Talbott's Future Does not Compute
Well, this is also a point of view... it is a free world, isn't it?



...and as the world become more networked, The Issue of Privacy will become increasingly important. How important? Well, just click here and find out!!

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e-conomics of Knowledge/Digital Age

New Rules for New Economy
Kevin Kelley's classic September 95 Wired article, which lists out the 12 rules of survival and competition, which defy the known economic principles of brick-and-mortor economy.

Competing Technologies, Increasing Returns and Lock-in by Historical Events
Brian Arthur's paper, perhaps the first one which described his insights into the non-linear evolution of economic systems. Published in Economic Journal, 1989, vol. 99, 116-131.

Increasing Returns & the New World of Business
Brian Arthur's HBR article which appeared in 1996 (July-August) issue. Describes how the new economy cannot be understood in terms of Marshallian economics (pdf file)

The Emerging Digital Economy Report
The 1997 US Department of Commerce Online Report on Digital Economics. Provides information on growth of Digial Economy and its implications for Global Electronic Commerce.

The Geography of the New Economy
R D Norton's online book, which describes the "micro", "macro" and the "digital" view of the new economy.

Building Wealth
MIT Professor Lester Thurow (see his other online articles) describes the 8 rules which govern the knowledge-economy.

The New Barbarian Manifesto
Prof Ian Angell of London School of Economics on how the Information Age is changing the economic order, and creating new future scenarios.

Beyond the Information Revolution
Peter Drucker on how the significance of e-commerce and the future of knowledge worker.





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Chaos, Complexity & Adaptive Systems

Between Chaos and Disorder
David Berreby's article describing how complexity theory in its practical application emphasizes the ways in which a factory or a company resembles an ecosystem, responding to natural laws to find the best possible solutions to problems.

The Systems View of Life
This is an online version of the 8th Chapter Fritjof Capra's book Turning Point. Of course, Capra was not talking about the New Economy, and yet, his ideas are important to understand the underlying dynamics of this new reality

Emergence: A Journal of Complexity Issues In Organizations and Management
This journal started and ended with just making a listing of some extremely useful online "sample" articles on complexity, self-organisation, non-linearlity, etc.

The Generalised Theory of Life
Unified Understanding of Why such an esoteric subject link?... well, this theory by Vyacheslav L. Kalmykov (Institute of Cell Biology, Mascow), to quote from the site, is about "Complexity (Organization, Wholeness) & Self-Organizing (Evolution)... Call for Collaboration towards Strong Artificial Life and Next Generation Computation. Tough, but rewarding, reading - if one looks at the new economic order as the emergence of a self-organising system.

Self-Organizing Systems
An excellent lucid paper on "the processes and patterns of organization and complexity in natural systems... focus on the concepts of self-organization, complexity, complex adaptive systems, criticality, the edge of chaos and evolution as they pertain to the formation of coherent pattern and structure in nature"

Complexity Theory for the Virtual Stock Market
This New Scientist article describes the work of Brian Arthur and John Holland in creating a virtual stock market using the complexity theory.



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Networks & Industrial Clusters

The Corporation is Dead: Long Live the Constellation
Benjamin Gomes-Casseres' article on how constellations are the new form of strategy. Describes four broad choices which determine the competitive constellation design.

When the Hub Spoke
An excellent article on four kinds of clusters from hub-and-spoke variety to pure networks.

Localised Learning and Industrial Competitiveness
An excellent paper about the imperatives for regional industry networks in a knowledge-based economy.

The Silicon Valley Culture Project
An anthropological study by San Jose University of the ultimate "industrial cluster" of the new economy - The Silicon Valley




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Work & Organisation

Knowledge Workers Need New Structures
A useful aticle by Michael Maccoby focusing on the need to create new organisation design (with examples from ABB and AT&T) for the information age. Printed in: Research Technology Management, Vol. 30, No. 3 January-February 1996 pp. 56-58.

Organization Design And The Knowledge Worker
An article by Stebbins and Shani (published in The Journal of Systemic Knowledge Management, February, 1998) which uses SocioTechnical Ststems appraoch to look at new organisaitonal designs for the knowledge worker.

New Ways of Working
Fast Company archive of online articles on new kind of organisations, work and workers.

Telecommuting, Telework and Alternative Officing
New Economy is networked, dispresed but connected, digital and virtual - and so will be work. This resource page from Gil Gordon Associates has some interesting articles on the subject

Knowledge Worker: The Hub
Interesting site maintained by Fourth Wave Group, if you are looking for definitions, paper abstracts.

The Knowledge Enterprise in Information Space
This paper describes how Information Intensity and IT Efficiency are the two dimensions which differentiate the old and the enw enterprises, and how they can be quantified and measured

Compensating the Information Technology Knowledge Worker
A California State University report on how it implemented a new classification and compensation structure for its IT professionals.

The Age of Social Transformation
Peter Drucker on the implications of the new knowledge-based economic order...

Up the e-Organization
This article describes the 7 dimensions of a centreless organisation, using the webware


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Technology Watch

CNN Technology Section

BBC's WebWise: Keep Updated with Emerging WebTrends

Powerline Area Network: Internet through Electric Cables

iSmell Digital Scent Technology: Scented e-mails & Aromatic Web Sites

Fax a Car, Download a Barbie Doll

TouchSense Technology: Don't just stare: Touch the grooves and texture, feel the vibrations, push/pull and gravity on the website!

Download an eBook from the site and read it on the train

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people have visited this site since May 5, 2000.

maintained by Madhukar Shukla
http://www.madhukarshukla.com

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