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There are three types of networks important in business: operational, personal and strategic. While a lot of managers excel at building and using their operational network, they often overlook their personal and strategic networks. 

The focus of many presentations was how to organize the production and distribution of new creative works in a world where free/cheap digital transmission is the norm. It turns out that many established institutions—if they are going to come to terms with the Internet—are going to have to seriously transform themselves in order to survive.

If you want to see the future, one of the best places to look is the freeboot innovators of the underground. They are always the ones who tried out the new ideas that later ripen into market opportunities. Think how hip-hop emerged from record-scratchers in Brooklyn basements and how the hobbyists of the Homebrew Computer Club pioneered many of the early innovations in computing.

The idea of “culture without property” seems just too radical and counter-intuitive for some folks to get (or they get it only too well, because it jeopardizes their established business model). But this is not actually such a radical vision. There are already all sorts of profit-making enterprises that are building business models around open, non-proprietary platforms. IBM’s embrace of GNU Linux, the open-source operating system, is one of many prominent examples. So is Flickr, the photo-sharing website.