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The Twitter Novel -- 140 Characters at a Time

"People are seeing Twitter as separate from all of the great literature of the world, and I think that's crazy," said Sanderson.

The writer, a guest blogger at The Huffington Post whose non-fiction book Gorilla Theater was published by Routledge, compares his Twitter novel to starting up a business.

"It's very similar to a startup in that it takes a lot of intense effort and you don't see the monetization right away," he said.

Sanderson also sees Twitter as opening new business opportunities to writers. "It's a way to use a new form to connect to traditional publishing," he told TheStreet. His goal, he adds, is to see 1,000, a Novel in Tweets published as a physical novel and an e-book.

"As it's tweeting, I'm also courting agents," he said. "It's a whole new way of doing business for literary fiction."

-- Written by James Rogers in New York.

>To submit a news tip, send an email to: tips@thestreet.com.

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