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English definition of “wikinomics”


noun [U]     /ˌwɪkiˈnɒmɪks/
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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