Quote:

“The break-up of behemoth, vertically integrated enterprises commenced in the 1970’s, got a boost from junk bond financing in the 1980’s, and accelerated in the 1990’s with globalization. Now, late in the 2000’s, Social Media (aka Web 2.0) is adding another gear that will accelerate the fundamental restructuring of the enterprise.

This is a big story. That is why ReadWriteWeb is dedicating a new “channel” to Enterprise 2.0. I will be editing this channel and we are looking for part time writers to contribute. More on that later.

The Firm
Peter Drucker, the greatest management thinker of all time, pointed out that the “firm” is a relatively recent innovation, designed to do the things that individuals cannot easily do on their own. Ronald Coase later created a theoretical model (Coase’s Theorem) to describe why firms exist, based on the difference between internal and external transaction costs. If the transaction cost was lower internally, then it made sense to organize that work internally. If the transaction cost was lower externally, then it made sense to organize that work externally.

Coase’s Theorem underlies countless management books on subjects around reengineering, outsourcing, core competency, spinoffs, spinouts and so on.”

For me as economist are articles that combine the internet innovation topics and economic theory always a pleasure to read! continue here

More than 30 presentations around the topic of Enterprise Collaboration 2.0 were showed and I made a video with Craig Cmehil our SAP Community Network Evangelist:

You find Craigs Summary of the Event here:

http://craig.cmehil.com/2008/07/sap-business-user-summit.html

or join the SAP Developer Network to get more information about the event:

http://www.sdn.sap.com/

http://de.geocities.com/michaelaltendorf80/Diplomarbeit_MA.pdf