New Economy

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New Economy

An informal term for the changes that came to developed economies during the late 1990s. The new economy came about largely as a result of the popularization of the Internet. For example, because of the new economy, online companies can provide information for free and derive their revenue from advertising. Likewise, many jobs can now be done anywhere. That is, many jobs no longer require one to be present in the office; for example, one can do work in Oklahoma for a company based in Pennsylvania. See also: Dot-com bubble.
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Addressing a seminar on digital economy, Demetriades said that investment in growth and future innovation is undoubtedly a must, expressing the government's pledge to promote and support innovation initiatives whether via state or EU co-financed funds.
The iNorthumberland Digital Economy Programme will create access to an improved broadband network infrastructure for businesses in Northumberland.
Middle East boardrooms are urged to adopt real-time data solutions to compete in the region's digital economy, set to double to $30 billion by 2018, business experts announced on Monday at Gitex Technology Week.
The growth in total value of Muslim consumers' contribution to the global digital economy is expected to outweigh the growth of the total global digital economy, the Digital Islamic Economy Report for 2015 said.
The initiative to launch a competition that effectively serves as an incubator for SMEs in the Islamic digital sector across the world was driven by the findings of the State of the Islamic Digital Economy report by Thomson Reuters and DSOA.
She said that resources seemed to be going to businesses in urban areas - creating a two-tier digital economy and imposing other negative impacts on local communities by reducing rural areas to mere "commuter belt" status.
Essid pointed out that holding the strategic digital economy council testifies to the political will to make of Tunisia an international digital reference and of digital economy in Tunisia a
About this report: The Digital Economy Readiness Index (DERI) maps operators' potential to capitalise on opportunities in emerging verticals -The Digital Economy Readiness Index (DERI) maps more than 340 digital economy initiatives by 32 of the largest operators worldwide.
The digital economy has enjoyed significant growth in the past few years - many local (country-specific) businesses have developed and marketed apps.
Nonetheless, by applying a geographic approach, the authors pungently synthesize the many layers of the digital economy.
The National Strategy represents a significant advance in securing the future of the digital economy.
The transformation from the industrial to the digital economy is complex as we try to figure out what's happening and what top executives should take out of it.

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