Meaning of “wikinomics” in the English Dictionary


"wikinomics" in Business English

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wikinomicsnoun [ U ]

uk /ˌwɪkiˈnɒmɪks/ us

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” from the Cambridge Business English Dictionary © Cambridge University Press)