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Generation Y and Internet Privacy: Implication for Commercialization of Social Networking Services

Generation Y and Internet Privacy: Implication for Commercialization of Social Networking Services
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Author(s): Zdenek Smutny (University of Economics, Czech Republic), Vaclav Janoscik (Academy of Fine Arts in Prague, Czech Republic)and Radim Cermak (University of Economics, Czech Republic)
Copyright: 2017
Pages: 25
Source title: Analyzing the Strategic Role of Social Networking in Firm Growth and Productivity
Source Author(s)/Editor(s): Vladlena Benson (University of West London, UK), Ronald Tuninga (Kingston Business School, UK)and George Saridakis (Kingston University, UK)
DOI: 10.4018/978-1-5225-0559-4.ch006

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Abstract

This chapter addresses the issue of privacy settings with a focus on Generation Y from a technological, social, generational, cultural and philosophical point of view. After introducing the issue of Internet privacy and other relevant areas—generational and cultural differences, the philosophical framework, the postinternet condition, the possibilities of processing and (mis)using personal data, and privacy policy—the authors present their perspective on the issue, drawing implications for individuals and organizations based on their own research and other relevant studies. The authors discuss the possible implications in terms of a prospective use of personal data by companies (e.g. for marketing and management) and possibility of processing user data. Such perspective will allow them to formulate a critical basis for further assessment of social networking and Generation Y's attitudes to privacy. The chapter concludes by outlining several recommendations concerning the commercialization of social networking services with respect to the constantly changing conception of privacy.

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