New Paradigm

New Paradigm

In the investing world, a totally new way of doing things that has a huge effect on business.

Notes:

The word "paradigm" is defined as a pattern or model, and it has been used in science to refer to a theoretical framework.

The term "new paradigm" was overused during the dotcom boom years. Anything and everything involved with the Internet was described as a "new paradigm" or a "paradigm shift."

See also: Creative Destruction, Dot-Com, Eclectic Paradigm, New Economy, Old Economy, Silicon Valley