The Emperor’s New Information Economy

Author(s):  
Shoshana Zuboff
2004 ◽  
Vol 49 (162) ◽  
pp. 99-126 ◽  
Author(s):  
Bogdan Ilic

At the end of 20th century a new economy and a new information society emerged, as a result of achieving the third and the transition to the fourth scientific and technological revolution. The basis of this new economy lies in the transition from the industrial production to the production based on information and technology. The new economy contributes to changing the character of the factors of production, the structure of the value produced the motives of production, the workers? position (robots replacing slaves) etc. Besides labor, capital, land and entrepreneurship, information appears to be the fifth and the most important factor of production. The Internet is becoming the foundation of the new economy and contributes to changing the way people learn and do research, as well as to reducing the burden of administration, changing the way of competition, reducing operating costs crossing national borders and leading to the process of globalization of the world economy into an integral entity. Some basic characteristics of this new economy are the following: the information basis of production, rapid changes of products, flexible production systems, network organization of production, integration, services backed by products, skills and knowledge generalization, education, knowledge and talent becoming the most important factor of the socio-economic growth and development, etc. The new economy leads to a number of advantages when compared to the traditional one. However, it also has a number of negative consequences: pollution indebtedness of underdeveloped countries, widening the gap between the development level of regions, countries and individuals, growing inflation unemployment etc. But the new economy is objectively conditioned and the task of each national economy is to determine the most favorable way of its incorporation into this new economy (globalization).


1995 ◽  
Vol 9 (5) ◽  
pp. 313-318 ◽  
Author(s):  
Laing Barden

In this article, Laing Barden looks at the opportunities offered by the new information economy and, especially, the development of the information superhighway, for universities to play a central role in the economic development of their regions — a role which they must play to the full as the main producers of well trained graduates and new research findings essential to continuous innovation. Professor Barden sets his views in a worldwide context, assessing the strategies employed to spur regional development through university—industry cooperation, and then focuses on the situation in the UK, with specific reference to its response to the challenge of the information superhighway. He discusses in particular the Smart Isles programme, a partnership among some 20 international companies, universities and research organizations. Failure to meet the challenge of the rapidly expanding information economy, argues Professor Barden, will mean failure in a highly competitive global economy.


Computer ◽  
2011 ◽  
Vol 44 (3) ◽  
pp. 36-43 ◽  
Author(s):  
Prith Banerjee ◽  
Richard Friedrich ◽  
Cullen Bash ◽  
Patrick Goldsack ◽  
Bernardo Huberman ◽  
...  

2001 ◽  
Vol 30 (3) ◽  
pp. 82-91
Author(s):  
Johann van Reenen

Digital library developments are part of a global move in many sectors of society toward virtual work and electronic services made possible by the advances in information technology. This environment requires new attitudes and skills in the workforce and therefore leaders who understand the global changes underlying the new information economy and how to lead and develop such a workforce. This article explores ways to develop human resources and stimulate creativity to capitalize on the immense potential of digital libraries to educate and empower social change. There is a shortage of technically skilled workers and even more so of innovators. Retention and recruitment is one of the greatest obstacles to developing digital library services and information products.


1969 ◽  
Vol 4 (1) ◽  
Author(s):  
Kathleen McNutt

The onslaught of information and communications technologies (ICTs), theburgeoning popularity of the Internet, and the ideology behind the new information economy has coalesced into a force that is fundamentally reshaping the contours of the Canadian political landscape. This reorganization of the state will profoundly impact women’s opportunities to participate in and alter conventional notions of citizenship. The establishment of electronic or e-government and the implications behind the development of the cyberstate promise to revolutionize Canadian governance and our traditional understandings of democracy. While there is the political possibility of shaping the emerging cyberstate as a vehicle of empowerment for women and marginalized others, there is also the prospect that Internet-facilitated government will exacerbate inequalities and impair women’s citizenship status.


Author(s):  
Mateja Podlogar

This chapter introduces e-procurement as a strategic tool for organizations’ competitive position in the new information economy. It argues that that eprocurement is significantly changing the ways businesses operate and thus new business models are needed. E-procurement success factors that have to be considered are: cost factors, time factors, process simplification factors and the volume of e-transactions factors. By gaining understanding of the most important e-procurement factors, organizations have to organize themselves in a way that ensures success. Furthermore, author hopes that with knowing such factors, organizations will be able to better prepare for e-procurement and thus operate successfully and thus be able to compete in the global market.


Author(s):  
Elena Basovskaya ◽  
Leonid Basovskiy

The aim of the work was to identify the problems of transition to a new post-industrial - information economy. To analyze and identify problems, the construction of econometric models of extended production functions was used. The main most com-mon reason for the contradictory influence of new information and digital technologies on the economy in the country is the failure of institutions to meet the requirements of the new economic system. Another important reason is the widely used outdated admin-istrative and control style of management, characteristic of the industrial economy, the difficulties in mastering the use of digital technologies by management personnel.


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