The Information Efficiency of New Knowledge Production in the Era of Network Communications

Abstract

The distinctive characteristics of communication in the process of producing new knowledge are analyzed. The importance of the coordination of strategies for developing innovative solutions and the cognitive integration to provide the effectiveness of this process is noted. For the comparative evaluation of coordination technologies, it is suggested to use the concept of communication efficiency, which is defined as a function of minimizing transaction costs. Using this concept, the comparative efficiency of modern network forms of interaction coordination is analyzed and a conclusion about their significant positive impact on the performance of innovation organizations is formulated.