The Ingenesist Project to Induce Innovation Economy

Three web applications specified for social networks allow knowledge assets to become tangible outside the construct of corporations. Social Networks will become future corporations of the Innovation Economy End Quote

Seattle-Bellevue-Everett, WA (1888PressRelease) November 15, 2008 - The Ingenesist Project announces a breakthrough in Innovation Economics with three new web applications that will allow knowledge to become tangible outside the construct of corporations and inside social networks.

“Knowledge workers are frustrated with corporations. They are being held under the thumb of Wall Street for their “job” while it is outsourced, devalued, or bailed out. Knowledge tangibility is the underlying current to the social media revolution. The recent market valuations of popular social networking sites only hint at the true potential for this new paradigm” says founder, Dan Robles. “The Ingenesist Project will accelerate this groundswell by several orders of magnitude”.

Countless news reports emerge about a financial system that is no longer able to support the debt that it created. Most experts agree that the American economy must increase productivity at an astonishing rate in order to support the debt and head off inflation. “That can only be sustainably accomplished with a new innovation system”, says Robles.

The Ingenesist Project proposes that a Knowledge Inventory, a Percentile Search Engine, and an Innovation Bank, when deployed to social network applications, will perform essential market functions required for true and dynamic tangible knowledge to be combined and traded by entrepreneurs.

The Knowledge Inventory captures and classifies social capital, creative capital, and intellectual capital in social networks while providing commonality with other social media. The Percentile Search Engine returns probabilities that various combinations of knowledge assets can execute a new business innovation. The Innovation Bank matches most worthy knowledge surplus to most worthy knowledge deficit, identifies tangential markets, diversify innovation risk, and issues innovation bonds to finance the innovation economy.

“The implications are vast. As the convergence of Web 2.0 intensifies, the tangibility of human knowledge will become the most important new idea in social media space. This convergence is widely considered to be the fuel of the innovation economy as social networks become the corporations of the future and where the “secret sauce” of knowledge allocation is more valuable than the many patents that they will produce. This is the next stage of human economic development - the ability for knowledge assets to be capitalized directly”, explains Mr. Robles

Partnerships with established communities are currently being negotiated. Please see http://www.ingenesist.com for inquiries and details.

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