In a previous post I was wondering if we were heading to what I called a project or a partnership economy. In the same way, after meeting Don Tapscott and read “Wikinomics”, the idea came to me that we could soon experience a reverse application of Coase’s theorem. Nothing but logical : if high transaction costs made organization become larger, low transaction costs on immaterial capital may cause exactly the opposite.
This is exactly the theme of an interesting discussion that emerged on Transnets[fr], following the reading of Here comes everybody. [Read more...]
You can find the "original" french version of this blog here

