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wikinomics

 
 
/ˌwɪkiˈnɒmɪks/ noun [U]

Definition

ECONOMICS, INTERNET a description of the way the relationship between businesses and markets has changed because of much greater involvement of customers and users directly with products or companies. This is a combination of the words 'wiki' and 'economics'.
(Definition of wikinomics noun from the Cambridge Business English Dictionary © Cambridge University Press)

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