Tag: collaborative economy

19Feb

The Fourth Industrial Revolution: What it means to the MENA Region!

 

The MENA region has its fair share of initiatives to move towards the 4th industrial revolution – Dubai has launched the blockchain council and some Arab countries are willing to transfer to self-driving cars so what could be the outcomes of these to the region? What could it hold up?

This year, I’ll be at World Government Summit and the first Arab Youth Forum in Dubai on Feb. 12–14, which brings government, futurism, technology and innovation together under one roof. These events set the tone for the impacts of technology on businesses, governments, and societies.

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26Dec

How Co-Creation Impacted businesses

Co-Creation may is considered as a logical outcome of open innovation. It’s a strategy that emphasizes the generation and ongoing realization of mutual firm-customer value through new forms of interaction and reduce the gap between companies and customers. The Wikipedia writes that Co-creation is the practice of developing systems, products, or services through the collaborative execution of developers and stakeholders, businesses and clients, or managers and employees. Co-creation could be seen as creating great work by standing together with those for whom the project is intended.

Here is the way that C.K. Prahalad and V. Ramaswamy contrast firm- vs. customer-centric approaches in their book the Co-Creation Connection:

  •  The consumer is an integral part of the system for value creation;
  • The consumer can influence where, when, and how value is generated; 
  • The consumer need not respect industry boundaries in the search for value;
  • The consumer can compete with companies for value extraction; 
  • There are multiple points of exchange where the consumer and the company can co-create value.   

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30Jul

Crowdfunding Arab Based Platforms

Before going to start a crowdfunding campaign on Arab based platforms, you first must take into consideration that the majority of the Arab world are very keen to the law of Islam, not to support in ideas that do not comply with it, examples of this include lending money with interest. Another thing that most of the people here prefer to get tangible things in return for their contribution.

Arab world crowdfunding platform only a few, Although it could find different platforms work in the region. To help you keep track of all the happenings in this space here is an easy guide for which site to go to for your crowdfunding needs

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26May

Ouishare Drink Damascus #1

Sharing and cooperating are not something new in a country like Syria, throughout history neighbors here exchange and shareflyer products, foods, times, and many other things between each other. And nearly 60 years ago people within the neighborhood used to crowdfund landshare in order to share the crops and the financial returns of it between each other, but this participation has been stalled as a result of the construction and development of the civilian life inside Syria.

In the modern age, there are different forms of collaborating within small circles of friends and family, and few online groups startups that work on swapping and sell used products has emerged. It’s still early for the Arab countries in general and Syria, in particular, to see a large companies working is a major parts of the collaborative economy like caresharing, we need more extensive studies in this regard to determine the strengths, weakness and what work best for us dependent on the culture(I’m working on study about The Rise of Collcons in Arab countries which will be released soon) also we need to spread these ideas and concepts to attract more people to the movement. Read More »

12Oct

The Emergence of The Collaborative Economy. Part One

I. The Technological Revolution.

Let start with this! Around 1400 when the Print Press was invented it changed Europe upside down as it helped people to communicate with many groups of others without being at the same place. After a couple of hundred years, there were two new ways of communication has been invented the first one was the Telegraph the slow text base, and the second was the Telephone the device that transmits and receive a real talk, those two medias was a good in creating one-to-one conversation but not in create groups. Then around the 1850s a new revolution of recorded media – Photos, Recorded Sound, and Videos has been invented but this time those medias failed in creating conversations. Finally about 100 years ago two other media had come the Radio and the Television, which they gave us a one-way channel from one-to-many.
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