Studying the impact of innovation on business and society

Tag: significance

Social Mediaā€™s Critical Path: Relevance to Resonance to Significance

If Social Media warranted a mantra, it would sound something like this, ā€œAlways pay it forward and never forget to pay it backā€¦itā€™s how you got here and it defines where youā€™re going.ā€ This intentional form of alternative giving is referred to as ā€œgeneralized reciprocityā€ or ā€œgeneralized exchange.ā€ And, the idea of giving something to one person by paying another is credited to Benjamin Franklin, which contributes to the definition of ā€œpay it forward.ā€ The capital of this social economy…