The Serendipity Economy: How Spontaneity Plus Social Networking Drives Innovation | Fast Company | Business + Innovation

Posted on by Brandon Klein

The following six areas outline the key principals of The Serendipity Economy.

    The process of creation is distinct from value realization.     Value realization is displaced in time from the act that initiated the value.     The measure of value requires external validation.     Value is not fixed and cannot be forecasted.     Looking at a network in the present cannot anticipate either its potential for value or any actual value it may produce.     Serendipity may enter at any point in the value web, and it may change the configuration of the value web at any time.