From Knowledge Management to Social Networking

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Copyright: 2014
Pages: 17
Source title: Infonomics and the Business of Free: Modern Value Creation for Information Services
Source Author(s)/Editor(s): John J. Regazzi (Long Island University, USA)
DOI: 10.4018/978-1-4666-4454-0.ch006

Keywords: Business Science Reference / E-Commerce / Information Value & Quality / Library & Information Science

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Abstract

The Internet has resulted in many developments that have profoundly changed our culture. One of the most recent and most transformative is the rise of social networking. This chapter explores the benefits of social networking in the business world. Compared to traditional knowledge management approaches, social networking offers many benefits both for individual businesses, which may use it to gain competitive advantage, and for the advancement of whole fields of knowledge. The impact of social networking on medicine, law, accounting, journalism, radio and video, and publishing is discussed. Social media is having such a broad impact because it offers new paradigms of knowledge workflow that are changing the way work is done on an individual level, leading to an overall increase in efficiency.

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From Knowledge Management to Social Networking

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