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The Impact of Internet Economy on Economic Growth

In: Proceedings of the 2022 2nd International Conference on Economic Development and Business Culture (ICEDBC 2022)

Author

Listed:
  • Xinyue Liu

    (KAZAN (VOLGA REGION) FEDERAL UNIVERSITY)

  • Jiayu Feng

    (The University of Sydney, Accounting School)

Abstract

In the information society, it is necessary to constantly advocate “internet plus” thinking, transform and upgrade traditional industries, and promote the creative development of more industries in the Internet field. The Internet economy has disrupted traditional industries, promoted the combination of ICT and Internet applications, and created more advanced productivity. In this process, economic and social development has been accelerated. This article mainly tells about the current development direction of Internet economy in this period of rapid development of Internet, and the influence of Internet on economic growth in the development process.

Suggested Citation

  • Xinyue Liu & Jiayu Feng, 2022. "The Impact of Internet Economy on Economic Growth," Advances in Economics, Business and Management Research, in: Yushi Jiang & Yuriy Shvets & Hrushikesh Mallick (ed.), Proceedings of the 2022 2nd International Conference on Economic Development and Business Culture (ICEDBC 2022), pages 158-162, Springer.
    • Handle: RePEc:spr:advbcp:978-94-6463-036-7_24
    DOI: 10.2991/978-94-6463-036-7_24
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