I’m currently reading Wikinomics and finding it incredibly engaging. I’ll write a fuller review when I get to the end of it sometime later this week, but I’m that enthusiastic I had to give people a bit of a heads-up before the weekend. The full review is likely to be long. This post won’t be.

To date, the only truly successful wiki has probably been Wikipedia - it’s probably the only one that the mythical ‘man in the street’ can name. In Wikinomics, Don Tapscott and Anthony D. Williams document an emerging trend and show that it’s not just wiki software that is describing the new spirit of collaborative development, but blogs, UGC sites like YouTube and social networks. It is the interactive element that adds value into the business, not the technical definition of what a wiki actually is.

Where the really interesting things are going to happen though are where collaboration happens between end customer and producer, and the middle men who connect half a dozen businesses to a single customer desire.

Outsourcing has reached a point where an industrial designer and a marketeer can design a product over coffee, firm up designs overnight, have prototype units being developed by a Chinese company within a matter of weeks, and support provided by an Indian company the day the unit goes on sale. The flexibility of this kind of out-sourcing is allowing start-ups to get very big, very quickly.

Some are beginning to realise they can even outsource the product design to the customer. It’s not just small companies either - major companies are seeing the value of a porous membrane between internal R&D and the rest of the World.

Vagueware obviously has a vested interest in this model. I haven’t quite worked out the dynamics, the money side of things and how we go about making developers take notice, but I’m hoping that others who like the idea of open collaborative design in the software industry will help work that out with me. I’m currently toying with ideas on how to reward those outside my business who directly add value to it. If you have ideas on how that can happen, you know what to do

I’m not alone. We’re about to enter an era of real businesses with real products being built this way. The knowledge economy is going to be very flat, with each of us having the ability to act as independent agents working on the ideas that interest us. Economically, this is going to be fascinating.

From what I’ve read so far, Wikinomics is a good introduction to how this new World is starting to unfold, and I think if you’re interested in these new models or if you’re interested in what the next 2-3 years of web application development is going to look like (if you’re a bespoke developer or designer, your future clients are either reading this book already or will do soon), you need to grab yourself a copy.

You can buy it from this link if you’re in the UK or this link if you’re in the US. Enjoy!