CCIT

Question 1

The global knowledge economy arose from the convergence of three developments:

Answer 1

Growth of media, communication technologies and organisations globally, and the need for information

Question 2

Knowledge push

Answer 2

The growth in outputs in education and scientific research arising from public and private investment,

Question 3

Market pull:

Answer 3

need/requirement for a new product or a solution to a problem, which comes from the market place.
- Factors including economic globalisation, increased competition, greater sophistication in consumer demand, and the growing importance of intangible assets

Question 4

3 core Ecommerce approaches

Answer 4

Purchase → transaction → delivery

Question 5

Four step ecommerce strategy

Answer 5

Take advantage of the expansion of the available marketplace, Reduce costs to produce, Target particular niche consumer groups, “pull-type” (process begin w consumer orders and enables just-in-time production)

Question 6

Four particular copyright issues

Answer 6

rapid development and mass distribution, rise of knowledge based or creative economy, copyrighted products are now a part of global popular culture, copyright and intellectual property law has been progressively over time.

Question 7

Broad opn-software principles:

Answer 7

Belief in freely available content, collaborative, non-proprietorial initiatives ultimately generate better product and gift economy

Question 8

DRM-driven approach leads to three adverse consequences:

Answer 8

diminished consumer privacy, reduced innovation potential, imbalances in the relationship between copyright holders and users (you don’t “own” your textbook or your music. You pay for license to access them)

Question 9

Sociologist Michel Foucault (1975) theorised what?

Answer 9

the impact that being watched has on society, applying the concept of a “panopticon”

Question 10

Richard Florida (2002) describes

Answer 10

creativity as “the decisive source of competitive advantage in the twenty-first-century global economy”

Question 11

Four core characteristics of creativity

Answer 11

The ability to formulate new problems, transfer what one learns across contexts, recognize learning is incremental and involves making mistakes, focus one’s attention in pursuit of a goal

Question 12

Building in triggers

Answer 12

For social engagement such as: Memes, catchy hooks in songs designed for sharing

Question 13

Vernacular creativity

Answer 13

“creative practices that emerge from highly particular and non-elite social contexts and communicative conventions” – adds to the democratizing and participatory potential of new media technologies

Question 14

“Creative Canada Policy Framework,”, three main pillars:

Answer 14

Invest in creators and cultural entrepreneurs, promote discovery and distribution of Canadian content at home and abroad and strengthen pubic broadcasting and support local news. (example; Carley Rey Jepson)

Question 15

Three key economic drivers of creative industries are:

Answer 15

Rise of the service industry sectors, emergence of the knowledge based economy, culturalization of the economy as services become increasingly central

Question 16

how is money being made within video games?

Answer 16

Primary purchase, in -game loot boxes, annual subscription passes, both, etc.

Question 17

Important implication of electronic commerce distribution

Answer 17

Disintermediation and reintermediation
Disintermediation - provides the opportunity for producers and consumers to access each other Directly
Reintermediation - reintroduction of a middleman between a supplier and a customer

Question 18

The Revolving Door: A useful concept

Answer 18

Entry, Exit, Circular

Question 19

Six dimensions of public relevance, Tarleton Gillespie - to examine the political ramifications of the introduction of algorithms into human knowledge practices

Answer 19

Patterns of inclusion, Cycles of anticipation, The evaluation of relevance, The promise of algorithmic objectivity, Entanglement with practice, The production of calculated publics