The document discusses how open networking organizations can co-generate business value through social technologies and networked information. It explains that as social technologies have increased, direct organizational control has decreased. Participation is now both individual and complex, occurring both inside and outside organizational boundaries. Knowledge is created through individual interactions within networks, and patterns of participation impact knowledge flows. Network analysis can map these knowledge flows and individuals' roles to provide new measurement tools. Innovation results from action, and technologies shape work. Balance must be found between facilitating participation and maintaining business strategy.