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The term “network economy” is used to emphasize the features
of the new, technology-enhanced economy within the
information society. It stems from a key attribute— products
and services that are created through networks operating on
large or global scales, enabled by the current status of the
global networks.
What are the principal impacts of the network economy for both
established organizations and upstarts? Identify and provide
examples of the most important recent technology and business
innovations in the network economy. How has the adaptation of
the new technologies affected the organizations from your
examples?
The network economy introduces information-intensive goods,
such as downloadable music and software. Information, as an
economic entity, differs in behavior compared to traditional
goods. How do information-intensive goods differ from
traditional information goods? Provide two examples of each.
What is the principal economic characteristic of information?
What are the principal implications for strategic decisions?
What are the principal enablers for the continued importance of
e-commerce trends? What does the term e-commerce 2.0 refer
to? What are main principles of e-commerce 2.0? Give real-life
examples of e-commerce 2.0 principles. Do you think that your
set of e-commerce 2.0 principles is comprehensive? Why? Are
these principles congruent with your personal understanding of
e-commerce?
The term network economy” is used to emphasize the features of the .docx

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The term network economy” is used to emphasize the features of the .docx

  • 1. The term “network economy” is used to emphasize the features of the new, technology-enhanced economy within the information society. It stems from a key attribute— products and services that are created through networks operating on large or global scales, enabled by the current status of the global networks. What are the principal impacts of the network economy for both established organizations and upstarts? Identify and provide examples of the most important recent technology and business innovations in the network economy. How has the adaptation of the new technologies affected the organizations from your examples? The network economy introduces information-intensive goods, such as downloadable music and software. Information, as an economic entity, differs in behavior compared to traditional goods. How do information-intensive goods differ from traditional information goods? Provide two examples of each. What is the principal economic characteristic of information? What are the principal implications for strategic decisions? What are the principal enablers for the continued importance of e-commerce trends? What does the term e-commerce 2.0 refer to? What are main principles of e-commerce 2.0? Give real-life examples of e-commerce 2.0 principles. Do you think that your set of e-commerce 2.0 principles is comprehensive? Why? Are these principles congruent with your personal understanding of e-commerce?