Towards Self-Organizing, Smart Business Networks: Let’s Create ‘Life’ from Inert Information

The Network Experience: New Value from Smart Business Networks, P. Vervest, D. Van Liere, and L. Zheng, eds., Springer, January 2009

15 Pages Posted: 1 Oct 2009 Last revised: 21 Nov 2009

See all articles by David A. Bray

David A. Bray

Harvard University; University of Oxford; National Defense University

Benn Konsynski

Emory University - Goizueta Business School

Date Written: January 1, 2009

Abstract

We review three different theories that can inform how researchers can determine the performance of smart business networks, to include: (1) the Theory of Evolution, (2) the Knowledge-Based Theory of the Firm, and (3) research insights into computers and cognition. We suggest that each of these theories demonstrate that to be generally perceived as smart, an organism needs to be self-organizing, communicative, and tool-making. Consequentially, to determine the performance of a smart business network, we suggest that researchers need to determine the degree to which it is self-organizing, communicative, and tool-making. We then relate these findings to the Internet and the idea of smart business networks.

Keywords: information systems, evolution, ecosystems, environments, adaptedness, survivability, intelligence

JEL Classification: D23, D70, D81, D83, O31

Suggested Citation

Bray, David A. and Konsynski, Benn, Towards Self-Organizing, Smart Business Networks: Let’s Create ‘Life’ from Inert Information (January 1, 2009). The Network Experience: New Value from Smart Business Networks, P. Vervest, D. Van Liere, and L. Zheng, eds., Springer, January 2009. Available at SSRN: https://ssrn.com/abstract=1480781

David A. Bray (Contact Author)

Harvard University ( email )

1875 Cambridge Street
Cambridge, MA 02138
United States

University of Oxford

Oxford
United Kingdom

HOME PAGE: http://www.linkedin.com/in/dbray

National Defense University ( email )

Marshall Hall
300 5th Avenue
Washington, DC 20319-5066
United States

Benn Konsynski

Emory University - Goizueta Business School ( email )

1300 Clifton Road
Atlanta, GA 30322-2722
United States

Register to save articles to
your library

Register

Paper statistics

Downloads
169
rank
172,912
Abstract Views
733
PlumX Metrics