Alexa Clay (born March 21, 1984 in Cambridge, Massachusetts) is an American writer, public speaker and researcher with a focus on subculture, informal economy, and new economic thinking. [1]
Alexa Clay (born March 21, 1984 in Cambridge, Massachusetts) is an American writer, public speaker and researcher with a focus on subculture, informal economy, and new economic thinking. [1]
Clay grew up the daughter of two anthropologists. She has written about her experience growing up with psychiatrist and alien abduction research Dr. John E. Mack for Aeon magazine. [2] Clay received her BA from Brown University and an MSc in economic history from Oxford University. [3]
In 2013, Clay started performing as "the Amish Futurist", an alter ego she developed to bring more existential reflection into the tech scene. [4] [5] The Amish Futurist has performed at SXSW, re:publica, Tech Open Air Berlin, and the DEAF Biennale. [6]
Clay led work focused on scaling social innovation at Ashoka [7] and co-founded the League of Intrapreneurs, a network focused on scaling the movement of social intrapreneurship. [8] Along with John Elkington and Maggie de Pree she was the co-author of The Social Intrapreneur: A Field Guide for Corporate Changemakers, a report sponsored by the Skoll Foundation. [9]
Clay is the co-author of The Misfit Economy , a book published by Simon & Schuster [10] in 2015, that examines the role of creative thinking and ingenuity among society's "misfits". [11] The Economist called the book "a paean to the quirkier members of society." [12] The book was named a top business book to read by The Telegraph [13] and the World Economic Forum. [14] The Misfit Economy has also been reviewed by the Financial Times , [15] Salon.com , [16] the New Statesman , and the BBC. [17] Clay has appeared in Dazed Digital, [18] Vice , [19] on public radio's Marketplace , [20] The Takeaway , [21] Australia's morning show Weekend Sunrise [22] and the Laura Flanders Show . The Misfit Economy loosely inspired the NatGeo show Underworld Inc, for which Clay was a consulting producer. [23]
Currently, Clay leads the Royal Society for the Encouragement of Arts, Manufactures, and Commerce in the U.S. working on topics like universal basic income, inclusive growth, and creativity in education. [24] Clay has been active in the fields of social business, technology studies, and social change. [25] [26] She has been an advocate for "inclusive innovation", examining the ways in which entrepreneurs in the black market and informal economy are given access to economic opportunity. [27]
Innovation is the practical implementation of ideas that result in the introduction of new goods or services or improvement in offering goods or services. ISO TC 279 in the standard ISO 56000:2020 defines innovation as "a new or changed entity, realizing or redistributing value". Others have different definitions; a common element in the definitions is a focus on newness, improvement, and spread of ideas or technologies.
Technocapitalism or tech-capitalism refers to changes in capitalism associated with the emergence of new technology sectors, the power of corporations, and new forms of organization. Technocapitalism is characterised by constant innovation, global competition, the digitisation of information and communication, and the growing importance of digital networks and platforms.
A prosumer is an individual who both consumes and produces. The term is a portmanteau of the words producer and consumer. Research has identified six types of prosumers: DIY prosumers, self-service prosumers, customizing prosumers, collaborative prosumers, monetised prosumers, and economic prosumers.
LinkedIn is a business and employment-focused social media platform that works through websites and mobile apps. It was launched on May 5, 2003. Since December 2016, it has been a wholly owned subsidiary of Microsoft. The platform is primarily used for professional networking and career development, and allows jobseekers to post their CVs and employers to post jobs. From 2015 most of the company's revenue came from selling access to information about its members to recruiters and sales professionals. LinkedIn has more than 970 million registered members from over 200 countries and territories.
Futures studies, futures research, futurism, or futurology is the systematic, interdisciplinary and holistic study of social/technological advancement, and other environmental trends; often for the purpose of exploring how people will live and work in the future. Predictive techniques, such as forecasting, can be applied, but contemporary futures studies scholars emphasize the importance of systematically exploring alternatives. In general, it can be considered as a branch of the social sciences and an extension to the field of history. Futures studies seeks to understand what is likely to continue and what could plausibly change. Part of the discipline thus seeks a systematic and pattern-based understanding of past and present, and to explore the possibility of future events and trends.
A business incubator is an organization that helps startup companies and individual entrepreneurs to develop their businesses by providing a fullscale range of services starting with management training and office space and ending with venture capital financing. The National Business Incubation Association (NBIA) defines business incubators as a catalyst tool for either regional or national economic development. NBIA categorizes its members' incubators by the following five incubator types: academic institutions; non-profit development corporations; for-profit property development ventures; venture capital firms, and a combination of the above.
Technological change (TC) or technological development is the overall process of invention, innovation and diffusion of technology or processes. In essence, technological change covers the invention of technologies and their commercialization or release as open source via research and development, the continual improvement of technologies, and the diffusion of technologies throughout industry or society. In short, technological change is based on both better and more technology.
The creative class is the posit of American urban studies theorist Richard Florida for an ostensible socioeconomic class. Florida, a professor and head of the Martin Prosperity Institute at the Rotman School of Management at the University of Toronto, maintains that the creative class is a key driving force for economic development of post-industrial cities in the United States.
Neo-futurism is a late-20th to early-21st-century movement in the arts, design, and architecture.
Intrapreneurship is the act of behaving like an entrepreneur while working within a large organization. Intrapreneurship is known as the practice of a corporate management style that integrates risk-taking and innovation approaches, as well as the reward and motivational techniques, that are more traditionally thought of as being the province of entrepreneurship. Corporate entrepreneurship is a more general term referring to entrepreneurial actions taking place within an existing organization whereas Intrapreneurship refers to individual activities and behaviors.
David Charles Stark is Arthur Lehman Professor of Sociology at Columbia University, where he served as chair of the sociology department and currently directs the Center on Organizational Innovation. He was formerly an External Faculty Member of the Santa Fe Institute. He is well-cited in the fields of economic sociology, social networks, science and technology studies, and social change and development.
Flipkart Private Limited is an Indian e-commerce company, headquartered in Bangalore, and incorporated in Singapore as a private limited company. The company initially focused on online book sales before expanding into other product categories such as consumer electronics, fashion, home essentials, groceries, and lifestyle products.
Yunus Social Business (YSB) is an impact-first organisation with a non-profit impact-investing arm, Yunus Funds, and a corporate social-innovation consulting arm, Yunus Corporate Innovation. Both business units are based on furthering the concept of social business, as developed by YSB Co-founder and Chairman Professor Muhammad Yunus.
Economy is conventionally defined as a function for production and distribution of goods and services by multiple agents within a society and/or geographical place An economy is hierarchical, made up of individuals that aggregate to make larger organizations such as governments and gives value to goods and services. The Maya economy had no universal form of trade exchange other than resources and services that could be provided among groups such as cacao beans and copper bells. Though there is limited archeological evidence to study the trade of perishable goods, it is noteworthy to explore the trade networks of artifacts and other luxury items that were likely transported together.
Handy is an online two-sided marketplace for residential cleaning, installation, and other home services. Founded in 2012 in Cambridge, Massachusetts, the now New York–based company operates services in United States, United Kingdom, and Canada. The company was acquired by ANGI Homeservices in October 2018.
The Misfit Economy: Lessons in Creativity From Pirates, Hackers, Gangsters, And Other Informal Entrepreneurs is a 2015 book by Alexa Clay and Kyra Maya Phillips about the innovators and entrepreneurs amongst the underground economies and grey markets of the world.
Ekhanei or ekhanei.com was a mobile-based online marketplace classified advertisements website of buying and selling property, gadgets, vehicles and personal items for sale. Tickets and jobs are also posted among other things. Starting in 2006 as CellBazaar, it was the first online free classified ads website in Bangladesh. By Alexa Internet ranking, as of August 2015, it was the top shopping site and the fifth business and economy website in Bangladesh. In 2017 the parent company announced to shutdown it.
Antonio Fernandez, also known as King Tone, is the former head of the Latin Kings. In 1999, Fernandez was sentenced to 12 to 15 years for conspiring to sell narcotics. He is the main figure in the HBO documentary, Latin Kings: A Street Gang story, which was released in 2007. He is also featured in the book, The Misfit Economy, by Alexa Clay, which was published in 2015. Upon his release, Fernandez has shared his insights as a former gang leader and political activist, and how that relates to the "legitimate world".
Hosein Khajeh-Hosseiny is a British private equity investor, venture capitalist and philanthropist. He is the founder and Chairman of Open X Innovations LLC, an asset management firm, and Trinity Natural Capital Group, a company with three subsidiaries: Trinity AgTech, Trinity Natural Capital Markets, and Trinity Global Farm Pioneers, all focused on supporting the transition of agriculture towards greater sustainability and profitability.
A data economy is a global digital ecosystem in which data is gathered, organized, and exchanged by a network of companies, individuals, and institutions to create economic value. The raw data is collected by a variety of actors, including search engines, social media websites, online vendors, brick and mortar vendors, payment gateways, software as a service (SaaS) purveyors, and an increasing number of firms deploying connected devices on the Internet of Things (IoT). Once collected, this data is typically passed on to individuals or firms, often for a fee. In the United States, the Consumer Financial Protection Bureau and other agencies have developed early models to regulate the data economy.
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