15 Lecture Notes on Collaborative Partnerships and Internet Concepts

Flashcards based on key concepts from lecture notes on collaborative partnerships and internet concepts.

What is Web 2.0?

The next generation of Internet use focused on collaboration, sharing, and openness.

The four main characteristics of Web 2.0

1. Content Sharing through Open Sourcing

2. User-Contributed Content

3. Collaboration Inside the Organization

4. Collaboration Outside the Organization

Key terms for analyzing open sharing applications

1. Closed source

2. Open source

3. Open system

4. Source code

Closed source

any proprietary software licensed under exclusive legal right to the copyright holder

Open source

Any software whose source code is made available free for any third party to review and modify

Open System

Nonproprietary tech that allows third-party integrations.

Source Code

Program instructions written by developers.

DTC stands for

Direct-to-consumer.

The main drivers of the DTC model

1. Customer Experience

2. Data Collection

3. Reduced Costs

Customer experience

Selling directly lets companies control the customer journey and build stronger loyalty

Data collection

DTC slaes help companies gather valuable customer data for better decisions

Reduced costs

Cutting out middlemen lowers costs and increases control over pricing delivery

User-Contributed Content

Content created and updated by users for other users.

Native Advertising

Advertising designed to match the look and feel of the platform it’s on.

Reputation system

A system where buyers post feedback on sellers

Collective Intelligence

Shared or group intelligence that emerges from collaboration and knowledge sharing.

Knowledge Management (KM)

Capturing, storing, and sharing knowledge to support decisions and actions.

Knowledge Management System (KMS)

Systems used to organize and distribute knowledge across an organization.

The difference between Explicit and Tacit Knowledge.

Explicit Knowledge: Documented knowledge; Tacit Knowledge: Knowledge in individuals' minds, hard to capture.

The difference between Synchronous and Asynchronous communications?

Synchronous: Real-time communication; Asynchronous: Time delayed communication.

What are the two business resources outside the organization led by synchronous communication

1. Crowdsourcing

2. Crowdfunding

Crowdsourcing

Using a large group’s input or ideas, typically via the internet

Crowdfunding

Raising small funds from many individuals for a project.

Social Networking

Using online platforms to connect, communicate, and build relationships with other people

Tags

Keywords used for classifying content.

Hashtag

Tags used to organize topics on social media.

Social Tagging

Collaborative labeling of content for easier navigation.

Blog

An online journal with user-generated posts.

Microblogging

Posting short content

Wiki.

A collaborative site where users can edit content.

Metcalfe’s Law

The value of a network increases with the number of users.

Network Effect

More users lead to higher value for everyone.

Disinformation

False info shared intentionally to deceive.

Fake News

Fabricated news to promote/discredit or generate views.

Misinformation

False info shared without intent to mislead.

Web 3.0

The future internet where AI, data, and systems interact intelligently.

Semantic Web

A layer of Web 3.0 enabling computers to understand and interpret data by defining relationship sand meanings between things

Deep Web

Large part of the internet that is inaccessible to conventional by search engines.

Dark Web

Part of the deep web that is intentionally hidden.