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Internet based economy of the 21st century

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Author Info
Sergei Parinov () (IEIE)
Tanya Yakovleva () (IEIE)

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Abstract

What and how a networked economy is formed. Four main processes:

1)Growth of the Internet-technologies set and its applications;

2)Growth of economic settlers on the Internet (some statistics);

3)Network forms of organization design (four type of benefits);

4)Network forms of institution design (trade, finance and labour).

List of networked economy features and differences from market and hierarchy forms. Co-evolution of three forms (market, hierarchy and networked economies). Type of relations and coordination mechanism of the networked economy. Renaming of the "Networked Economy" as the "Economy of Direct and Collaborative Relations" (EDCR).

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File URL: http://www.ieie.nsc.ru/parinov/economy21.htm
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Publisher Info
Paper provided by The Institute of Economics and Industrial Engineering of SD of RAS in its series Russian Working Paper Archive for Economists and Sociologists with number 1762001.

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Handle: RePEc:nos:econom:1762001

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Web page: http://www.ieie.nsc.ru/

For technical questions regarding this item, or to correct its listing, contact: (Sergei Parinov).

Related research
Keywords: Networked Economy; Internet technologies; mechanism of coordination; organizational forms;

Find related papers by JEL classification:
D70 - Microeconomics - - Analysis of Collective Decision-Making - - - General
D83 - Microeconomics - - Information, Knowledge, and Uncertainty - - - Search, Learning, and Information

This paper has been announced in the following NEP Reports:

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This page was last updated on 2009-10-18.


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