Wikinomics: Book by Don Tapscott and Anthony D. Williams. Published in December 2006, called 'How mass collaboration changes everything'. It explores how some companies in the early 21st century have used mass collaboration and open-source technology.
Web 2.0: Term associated with web applications that facilitate participatory information sharing, interoperability, user centered design and collaboration on the World Wide Web.
Participatory Culture: Where the consumers take an active part in the development in a product, acting as the producers and contributors.
Peering: A voluntary interconnection of administratively separate Internet networks for the purpose of exchanging traffic between the consumers of each network. The true definition is 'Settlement free' meaning that neither party pays the other for the exchanged traffic.
Digital Natives: A young person who was born during or after the general introduction of digital technology, and through interacting with digital technology from an early age, has a greater understanding of its concepts.
Democratization: The transition to a more democratic political regime.
We-think: Explores how the web is changing our world, creating a culture in which more people than ever can participate, share and collaborate, ideas and information.
Interactivity: There are three levels: No-interactive, when a message is not related to previous messages. Reactive, when a message is related only to one immediately previous message and interactive, when a message is related to a number of previous messages and to the relationship between them.
The long tail: Refers to the statistical property that a larger share of population rests within the tail of a probability distribution than observed under a normal distribution.
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