Knowledge is the new start-up capital: Networks, Mentorship & New Ecosystems – by Jon Bradford – The Kernel

via kernelmag.com

Excerpt from a longer original post:

"...Investment capital is controlled and distributed by a very small number of people, and it comes with a series of terms and conditions. Intellectual capital, on the other hand, is widely distributed, and individuals can choose the terms on which it is shared. It can be given away freely, or charged for.
In our fast-moving society, the free exchange of information creates more value to both the provider of the information and the recipient than a proprietary approach. We are moving from a time when knowledge distribution was restricted and proprietary to an open source, collaborative future.
This is the fuel on which Silicon Valley has operated for decades. Now, others are cottoning on..."

read the full post here:

http://www.kernelmag.com/comment/opinion/2011/12/its-the-intellectual-capital...

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