The good news about Schumpeter’s creative destruction is that, thanks to the Internet and digital tools, it has never been easier to start a company. One study found that the availability of open source software, cloud computing, and the rise of virtual office infrastructure has driven the cost of launching an internet venture down from $5,000,000 in 1997, to $500,000 in 2002, to only $50,000 in 2008.
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Introducing: Global Solution Networks
10 Types of Global Solution Networks
- Knowledge Networks
- Operational and Delivery Networks
- Policy Networks
- Advocacy Networks
- Watchdog Networks
- Platforms
- Global Standards Networks
- Governance Networks
- Networked Institutions
- Diasporas