2003Unpublished venueRequires access

Opinion on the Relation Between New Economy and Traditional Economy

Zhou Yan

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Abstract

New is the economy based on Information technology and the industry of high and technology on the background of economy globalization, it's heart is the innovation of concept, running pattern and technology. In contrast to traditional economy, new can make firm's marginal return and consumer's marginal utility increasing; The price decision and the mode of production in new is quite different from traditional economy; In the meantime, it is possible to make economy develop constantly in new But new must be based on and combined to the old economy. In order to be well adapt to the future and development of the social of new economy.

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What this paper is about

New is the economy based on Information technology and the industry of high and technology on the background of economy globalization, it's heart is the innovation of concept, running pattern and technology. In contrast to traditional economy, new can make firm's marginal return and consumer's marginal utility increasing; The price decision and the mode of production in new is quite different from traditional economy; In the meantime, it is possible to make economy develop constantly in new But new must be based on and combined to the old economy. In order to be well adapt to the future and development of the social of new economy.

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Available abstract

New is the economy based on Information technology and the industry of high and technology on the background of economy globalization, it's heart is the innovation of concept, running pattern and technology. In contrast to traditional economy, new can make firm's marginal return and consumer's marginal utility increasing; The price decision and the mode of production in new is quite different from traditional economy; In the meantime, it is possible to make economy develop constantly in new But new must be based on and combined to the old economy. In order to be well adapt to the future and development of the social of new economy.

Key concepts: Information economy, Economy, Order (exchange), Digital economy, Economics, Post-industrial economy, New economy, Service economy

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