Digital economy and new financial technologies

Digital Goods and the New Economy

Digital goods are bitstrings, sequences of 0s and 1s, which have economic value. They are distinguished from other goods by five characteristics: digital goods are nonrival, infinitely expansible, discrete, aspatial, and recombinant. The New Economy is one where the economics of digital goods importantly influence aggregate economic performance. This Article considers such influences not by hyp...

The Financial Industry in the Digital Economy – Emerging Structures

The development of doing business supported by information and communication technologies (ICT) can be assessed from two different perspectives. Electronic Commerce, perceived as the utilization of the Net and its services for additional communication, marketing, and sales channels based on only very moderately changed business models, indicates an evolutionary path of development. Besides this...

The Digital Economy: Social Interaction Technologies - an Overview

-17Abstract — Social interaction technologies (SIT) is a very broad field that encompasses a large list of topics: interactive and networked computing, mobile social services and the Social Web, social software and social media, marketing and advertising, various aspects and uses of blogs and podcasting, corporate value and web-based collaboration, e-government and online democracy, virtual vol...

Book Review Section: Thinking About Information Technologies in the New Digital Economy

Financing the New Economy: financial institutions and corporate governance

This paper examines the financial sector preconditions for the successful development of a high technology sector. It argues that there is a close relation between types of activities undertaken in different countries and their institutional structures. A distinguishing characteristic of the financing of high technology firms is their evolving pattern of control by different investor groups. Wh...