ConceptCommodification of Knowledge
Commoditization of Knowledge
An economics concept describing the situation in which, once knowledge resources become extremely easy to obtain and copy, their market value falls sharply, forcing existing business models to migrate toward higher-order services.
Timeline (last 90 days)
Oct 13
Knowledge commoditization refers to when a certain resource becomes extremely easy to obtain and replicate, its market value drops sharply, forcing the original business model to migrate toward higher-order services.
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