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Gift Economy<br />Grapes Team SP2 2010<br />
Gift Economy and Internet Commerce<br />There is a growing trend for Internet Companies to embrace social networking (Euro...
Gift Economy and Internet Commerce<br />eBay “MyWorld” offers <br /><ul><li> the opportunity to contribute to a personal blog
 “Guest Book” option for buyers to leave comments or suggestions. </li></ul>Grapes Team SP2 2010<br />
Gift Economy and Internet Commerce<br />Rich Internet Applications (RIAs) make it possible for Internet Companies and cons...
Gift Economy and Internet Commerce<br />Not all economies are based on maximizing personal gain - some are founded on givi...
Gift Economy and Internet Commerce<br />In market economies, goods are exchanged for monetary value. In a barter economy g...
Gift Economy and Internet Commerce<br />Discussing the Gift Economy, Ghosh (2005) stated “There is no specific economic in...
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Gift economy

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Gift economy

  1. 1. Gift Economy<br />Grapes Team SP2 2010<br />
  2. 2. Gift Economy and Internet Commerce<br />There is a growing trend for Internet Companies to embrace social networking (Euromonitor International, 2008). For example eBay and Amazon have added features to their ecommerce sites to include “communities” and discussion forums. <br />Grapes Team SP2 2010<br />
  3. 3. Gift Economy and Internet Commerce<br />eBay “MyWorld” offers <br /><ul><li> the opportunity to contribute to a personal blog
  4. 4. “Guest Book” option for buyers to leave comments or suggestions. </li></ul>Grapes Team SP2 2010<br />
  5. 5. Gift Economy and Internet Commerce<br />Rich Internet Applications (RIAs) make it possible for Internet Companies and consumers to create compelling content and experiences in a social network environment.<br />Grapes Team SP2 2010<br />
  6. 6. Gift Economy and Internet Commerce<br />Not all economies are based on maximizing personal gain - some are founded on giving (Pinchot, 1995). <br />Grapes Team SP2 2010<br />
  7. 7. Gift Economy and Internet Commerce<br />In market economies, goods are exchanged for monetary value. In a barter economy goods may be exchanged for other commodities, in a gift economy however, there is no monetary exchange, instead things are provided out of a sense of community spirit and responsibility. <br />Grapes Team SP2 2010<br />
  8. 8. Gift Economy and Internet Commerce<br />Discussing the Gift Economy, Ghosh (2005) stated “There is no specific economic inherent value in a product. Value lies in the willingness of people to consume a good, and this potentially exists in anything that people can produce and pass on.”<br />Grapes Team SP2 2010<br />
  9. 9. Gift Economy and Internet Commerce<br />Anderson (2008) said that “Altruism has always existed, but the Web gives it a platform where the actions of individuals can have global impact. In a sense, zero-cost distribution has turned sharing into an industry.”<br />Grapes Team SP2 2010<br />

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