Affiliation:
1. Tallinn University, Estonia
Abstract
That legacy media organisations are struggling in this era of global platformisation and datafication is well established. Yet, the power of platforms as well as critiques of them could be seen as being framed and facilitated by the prevailing forms of neoclassical economics. This paper addresses how analysis and planning of data-driven innovation in legacy media organisations could benefit from the perspectives deriving from heterodox economics. Using approaches within heterodox economics as a foundation, we build on two novel conceptual frameworks – innovation commons and cross-innovation systems, where decentralisation of media markets and collaboration between agents on different levels are central. Further, three tools – open data, blockchains and agent-based modelling (ABM) – offer ways to operationalise these frameworks. Central to these tools are further democratisation and growing complexity, openness and dynamism that enable media organisations to identify paths towards data-driven innovation that could improve the competitiveness of the legacy media industry in the platform economy.
Funder
Horizon 2020 Framework Programme
Eesti Teadusagentuur
Subject
Sociology and Political Science,Communication
Reference52 articles.
1. Blockchain and the evolution of institutional technologies: Implications for innovation policy
2. The Isolation of Innovation
3. Caplan R, Boyd D (2016) Who Controls the Public Sphere in an Era of Algorithms? Mediation, Automation, Power. Data & Society Research Institute. Available at: https://datasociety.net/pubs/ap/MediationAutomationPower_2016.pdf (accessed 24 June 2022).
4. On the barriers for local government releasing open data
Cited by
4 articles.
订阅此论文施引文献
订阅此论文施引文献,注册后可以免费订阅5篇论文的施引文献,订阅后可以查看论文全部施引文献