Abstract
We are in a moment of increasing interdependency because of our connections. Competition in terms of a zero-sum game is simply not an option. There is an acknowledgement, by recognizing our intertwined lives, that cooperating is the individually rational way forward. Since common knowledge is endemic in the network economy – my strategy choices are known almost before I know them – an open conversation about the game, or cooperation, is the best strategy. When the dominant pillars of the network economy are technology and human behavior, and technology has outrun the limits of the law and our ability to grasp its global outcomes, we adapt to fit the environment as we transform it. We cooperate in order to better comprehend.
We Cooperate to Better Comprehend
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Notes
- 1.
Non-disclosure agreements in many industries, particularly the technology industry, would appear to limit transparency and information sharing. However, these contracts suggest short run strategic imperatives for the firms themselves rather than conferring longer-term advantages.
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Bhatt, S. (2017). The Conclusion. In: How Digital Communication Technology Shapes Markets. Palgrave Advances in the Economics of Innovation and Technology. Palgrave Macmillan, Cham. https://doi.org/10.1007/978-3-319-47250-8_9
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DOI: https://doi.org/10.1007/978-3-319-47250-8_9
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