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Welcome to AudioBlogdiscussing the issues and works-in-progress that promote seed and early stage investing and enterprise development.

"Network Capitalism" (5 minutes)

Wealth creation in the innovation economy is dominated by “network capitalism”, where flexible, adaptive, and connected companies integrate new knowledge with products and services. In contrast with the old “command-and-control” industrial economy, particularly in rural areas, the innovation economy provides abundant opportunities to increase in-flows of outside capital (“good money”), increase velocity of capital circulated among local businesses (“neutral money”) and reduce capital out-flows (“bad money).  Through “strategic doing” and civic collaboration, communities can move proactively to participate in the innovation economy and build local and regional wealth.


Ed Morrison

Ed Morrison
Institute for Open Economic Networks
Cleveland, OH

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