E-conomy

E-conomy is not about stock-exchange, economic transformation, interest rates or inflation. It is about the economic transformation that is driven by the development and diffusion of modern electronics-based information technology.

Information technology is the dominant source of economic development. It builds tools to manipulate, organize, transmit, and store information in digital form. It builds the tools for thought, it builds thinking.
E-conomy is driven by user-friendly yet complicated software, computer chips, lasers and broadband Internet. E-conomy has emerged faster, diffused more rapidly and more widely throughout the economy than previous technological revolutions. Yet a shortage of technologically educated talent exists. The number is rapidly growing with the ever greater technological demands for talent, and a well-trained team is needed to sustain this demand.

Changes in business organization and practice are the driving of this transformation. And the growth of the network is transforming business organization and business competition. E-conomy touches everything, even individual’s life.

Read more about E-conomy:
http://www.j-bradford-delong.net/OpEd/virtual/technet/Tools_for_Thought.html