The motherlode of business webs is digital capital. Digital capital arises when intellectual capital becomes internetworked. And there is capital in new business models as business model innovation determines wealth creation and competitiveness. Companies that amass digital capital will be those that succeed. In the old economy, companies that had financial capital and physical assets were positioned to create wealth.
Banking is a prime candidate.
He thinks not. Financial services institutions need to rethink their value proposition. But the reintermediation opportunities are bigger than the disintermediation dangers. What I find intriguing is this idea that the net lets other people and groups contribute electronically to your product or output-sort of like when the gas stations one day asked us all to get out of our cars and start pumping. I guess I'm looking for concrete examples of how business model innovation via the Net creates new value.