Date: Saturday, June 2rd, 2007
Time: 2:00 – 2:30 am PST
Dial-in #: +1 (646) 478-4956
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Q. From Jan Sandred via Twitter during the show:
“Jan Sandred how important is governance vs “the market” to create growth?”
A. From Lisa at Lisacast:
“Thanks for the question, Jan. This is a very interesting question, in particular, because of its origin. Jan Sandred is from Sweden. He was a panelist at the Innovation Journalism Conference last week at Stanford University. He and I spoke about the differences in our cultures from a business standpoint. In Sweden, the government holds a more commonly present position in the funding and growth of a business. But deeper I think is the fact that in the Swedish culture, descisions are made by consensus, whereas in America we all seem to lead, whether or not anyone follows. There are benefits to both of course. While the American aggressive, independent nature may yield quick successes, it will produce at least as many failures, and sometimes because without the support of the business ecosystem, investors, employees and partners, etc. it cannot grow. In a recent post I wrote called The Return of Reliance, I touched on the fact that that we seem to be refamiliarizing ourselves in this country (me specifically even) with the idea of relying on our networks, other members of our society, and other supporters for back up. I guess this is not as much a matter of ‘governance’ or policy or regulation as it is consensus support. The idea posed, of governence as a supporting force for growth rather than market demand, well let’s look at that for a moment as it relates to new media. All kinds of policy issues are popping up each day on net neutrality, bloggers as press, information availability, government access, military blogging/videoblogging — the point I’m making is that it’s a moving target because we don’t all agree as much as group about what’s what. That’s part of the nature of the United States. That’s why we came here in the first place. To be able to express our differences. And as more information is available and tools the same to produce and distribute it, it’s meant only to get more complicated. And as it does, society will shift to accomodate. To me, there are a couple of issues. One, are racing to the market and growing fast good things? Some businesses grow too fast without becoming sophisticated enough to manage their own growth and crumble. Slow is not always bad. The second issue is how will governance change. Watch the US campaigns for the 2008 presidency. Watch the effect of user generated media, grassroot campaigns and voting system reformation. I think we’re going to see governence change and as a result, market entry and organization growth with it.”