WIKINOMICS

            What is Wikinomics? Wikinomics is a term that describes the effects of extensive collaboration and user-participation on the market place and corporate world.  As we Know Wikipedia is becoming a huge success within the internet industry throughout the world. Several countries are using, commenting on the ways to professionalize and to interpret information on the web, and to share important data about research, ideas, broadcasting videos, and other useful resources. 

 Wikipedia is a database allowing professionals, writers, historians, and other researchers to lay out particular material information about a certain project or research that they have found and then presenting it to the World Wide Web in order to share their ideas with the world.  They are sharing ideas and research about a various economic topics and problems that concern us all.  First some of our finest minds have defined and then wrote their own idea of what they got out of the research that they decided to focus on.  Wikipedia is a good source to use, especially doing different kinds of research. Finding the ideas and knitting together what other people post or write about it.   As in the video, Wikipedia has over billions of interoperations each year within the web itself. Wikipedia is like a huge mind web which allows the people of the world to write or post ideas to get the idea across.  So, Wikinomics and Wikipedia is like a gigantic dictionary or book in a Westernized kind of way and changing the way we do research. 

            Jim Whales is the founder and co- founder of Wikipedia. Wikipedia is a business but isn’t a running business. He motivates people cross the world to bring within his business how to make Wikipedia better and stronger in success.  We know that Wikipedia has made dramatic changes without the years and throughout generations.  Wikipedia’s data base is not only is changing and succeeding all around the world, but it is designed and modernized to fix within a culture in a particular society. For instance, Wikipedia has the ability to have multiple languages. The internet and World Wide Web have brought changes and found ways to make things easier and maintain a balance.  Like Wikipedia, the internet gives a shelf full of ways to pick any way that can help us learn new concepts and succeed in a particular area.  The Wikipedia format Allows us to extend our knowledge, expand our thoughts, and bring about different ideas through technologies that have made Wikipedia a success.

            Wikipedia has branched out into various areas such as Wikinomics.  It is amazing that just a few years ago academia was shunning Wikipedia as being without references and faulty in its research base.  As the years have progressed there has been a change in the writings that appear on the topics under the titles.  There is information from many writers and it is submitted with citations.  In the sub divisions of Wikipedia such as Wikinomics there is the same type of evolution going on in all of the articles.  In the past in was unheard of for a serious research book to have the opinions and research of many writers on one piece.  Wikinomics as well as the other Wiki sources are living documents that are constantly changing to keep up with our changing world.  This is innovation and change at its finest.

            In addition to this idea within the web and Wikipedia itself, Wikipedia as everyone is aware that it has its drawbacks, and dis-advantages as well as advantages.  Many young adults take advantage of Wikipedia regarding the credit given to the sources it has used.  This of course is plagiarism whether it is Wikinomics or the Harvard Review.  Many, think that the people who add to Wikipedia steal others ideas and writings.  This may have been the case once but not now.  If you look at the citing’s in Wikipedia you will see that the citing are many and accurate. If there was stealing of ideas without a citing this would surely causes problems with in the business section of Wikipedia and would not reflect what the purpose of Wikipedia is really for.

It has happened in the past but has this particular problem been stopped?  Wikipedia has not only succeeded through the years in tightening up its citing procedures but it has been able to link the information to where the information originated from.  In other words Wikipedia has linked information from the original database.  Not everything is going to be 100% accurate but the organization has been getting better interpreting and presenting correct, accurate, information in the articles. http://www.bing.com/videos/search?q=Wikinomics+&view=detail&mid=24135EA4F3B7FD301B9B24135EA4F3B7FD301B9B&first=0&FORM=NVPFVR