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New Dual Economy:New Economic Prosperity and the Reengineering of the Traditional Economy

Author

Listed:
  • Chunsheng Zhou

    (Cheung Kong Graduate School of Business, China)

  • Zhiliang Wang

    (University of International Business and Economics, China)

Abstract

This book attempts to establish a new theoretical framework to analyze the intrinsic patterns of economic growth, structural transformation, and the shift of economic momentum in the digital economy era. The book provides a detailed discussion on the interactions between the old and new economic sectors (the limitless and limited sectors), the migration of labor and capital between different sectors, as well as the accumulation of knowledge capital, such as data, technology, and creativity. Additionally, it delves into the growth mechanisms of the new dual economy. Given the characteristics of competition and deep integration between the limitless and limited sectors in the new dual economy era, the book also explores the transformation and digitalization of traditional enterprises.

Suggested Citation

  • Chunsheng Zhou & Zhiliang Wang, 2025. "New Dual Economy:New Economic Prosperity and the Reengineering of the Traditional Economy," World Scientific Books, World Scientific Publishing Co. Pte. Ltd., number 14179.
    • Handle: RePEc:wsi:wsbook:14179
    as

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    File URL: https://www.worldscientific.com/worldscibooks/10.1142/14179
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    More about this item

    Keywords

    New Dual Economy; Limited-supply Sectors; Limitless-supply Sectors; Limitless-supply Products; Knowledge/Intelligence Capital; Technology Assets; Data Assets; Asset Intangibles; Market Size; Employment Structures; Economic Transformation; Global Digitization; Digital Retrofitting of Traditional Enterprises; Entrepreneurial References; Digital Transformation and Upgrading;
    All these keywords.

    JEL classification:

    • O10 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development - - - General
    • P00 - Political Economy and Comparative Economic Systems - - General - - - General

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