www.hhs.se
March 2015

Then…
Thx to R. Wieselfors, Ericsson for photos

…Now
Thx to R. Wieselfors, Ericsson for photos

People
• “Net generation”
• 24x7 “mobile” workforce
• Knowledge via MOOCs
• Sharing not consuming
• Sustainability
Technology
• Broadband access
• The Cloud
• Mobile phones
• Internet of Things
• Big data
• 3D printing
• Robotics/AI
• VR/AR
Open Source
•Communities
•Software
• Hardware
• Physibles
Convergence of…..
Finance
• Microlending/microfinance
• Crowdfunding/equity/P2P
• Non-fiat cryptocurrencies
• Mobile money/payments

What’s around the corner?
24x7 Global Internet Collaboration + Open Source + 3D Printing
http://mashable.com/2013/02/13/robohand/
$60,000
$150
Available for free
download on
Where is
the firm?

The future is already here,
it’s just not very evenly
distributed.
- William Gibson

History tends to repeat itself….
Innovation, financial crisis, industrial revolution, …
Steam
engine
Internal
combustion
engine
Internet
Microelectronics
Late 18th C Late 19th C Late 20th C
Schön 2008
Third
industrial
revolution?

From factories to office parks to….

Percentage of freelancers rapidly growing
• US: 40% of workforce freelancers
• Sweden: 700,000 to 900,000 F-skatt in past 10 years

Knowledge through MOOCs
(Massively Open Online Courses)

…to co-working spaces

A 24x7 global workforce
Matchmakers: USD 1bln industry

Bitcoin = The power of community +
open source + internet + CPU
• Developed by self-organizing community of thousands of
“strangers” across globe
• Not one but many motivations (intrinsic, extrinsic)
• 91 bln SEK in circulation vs SEK 44 bln of Bitcoin in five years
• Approx USD 6.2 bln in circulation (Sept 2014) and 70,000
daily transactions
http://papers.ssrn.com/sol3/papers.cfm?abstract_id=2263707

No one knows everything,
everyone knows something,
all knowledge resides in humanity.networks.
Adapted from Lévy 1997
Six degrees of
separation
- Milgram, 1967

The Firm
The Community Platformvs
E.g., Microsoft
~ Created by employees within
organizational boundaries
E.g., Local Motors
~ Created by community
collaborators regardless of affiliation
Models of Value Creation
Teigland, Di Gangi, & Yetis 2012

Making money from your sofa

Virtual healthcare services
Ambulance drone
https://www.youtube.com/watch?v=y-rEI4bezWc

In the meanwhile…
Increasing forces for localization

On-demand economy

Increasing access to capital
through crowdfunding

From the north of Sweden

DIY 3D printing becoming more commonplace…

Turning 3D printing into business…
http://openfabpdx.com/fffiddle/

Developing circular economies

Rise of local currencies

The next generation of the Internet
O’Driscoll 2009

Big money moving into 3D internet

Developing international entrepreneurs?

Clothes/
shoes
MODELLING
AGENCIES
Top
models
Photo-
graphers
Photo
studio
makers
Modelling
furniture
Poses and
animations
Furniture
Hair
Skins
Event
builders
MAGAZINES
MODELLING
SCHOOLS
Shop
builders
Accessories
Body
shapes
DJs
Viachka, Giovacchini, Teigland, Lindqvist 2011
Virtual
fashion
ecosystem

From the mobility of goods
to the mobility of financial capital to …
Teigland, JVWR, 2010
...the “mobility” of labor?

Sweden’s future regions?
http://app.cotunity.com/space

Want to learn more?
Join our funnovation workshops
funnovation.se

Robin Teigland
robin.teigland@hhs.se
www.knowledgenetworking.org
www.slideshare.net/eteigland
funnovation.se
@RobinTeigland
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