
Dawn of the Knowledge-Based Collaborative Era 19
(and still is) characterized by three things: “(1) the convergence and inte-
gration of communication and data processing technologies into informa-
tion technology (IT), (2) the pervasive influence of IT on economic
activity, such that most workers are information workers and most prod-
ucts are information products, and (3) application of IT networks through-
out the economic institutions, organizations, and processes, resulting in a
very high degree of fl exibility, weakening of regulatory control, and accelera-
tion of globalization.”
Economist and entrepreneur Marc Porat, who created foundational ...