new Economy originates from the English and means new economy.
With this term the idea that from arising computers and new communication media in the course of the digital revolution a radically new restaurant form results, connects itself coined/shapedalso by the globalization. The industrielle mass production of goods become less important, basic assumptions of the capitalistic restaurant way would lose its meaning. The priorities would lie now in the world-wide competition around innovative ideas, in the processing of information.
Contrary toclassical economic theories does not assume those new Economy any longer the scarceness of the goods determines their price. In that new Economy rises the price of a property only if it universally (and/or. at least for a critical threshold quantity) is available. In particularunder the impression of the world-wide cross-linking of information systems (Internet) the theory that consists new Economy of the fact that communications equipments can donate only a use if they are universally available. While the goods of the classical Economy such as raw materials and finished products, determine the goods that determined their value by its scarceness new Economy their value particularly by its spreading degree. The goods that new Economy are therefore above all means of communication (telephone, E-Mail, fax, Internet) those are only usable if as much as possibleHumans entrance for this have.
This idea played an important role in the upswing of the information-technical enterprises end of the 1990er. Investors used at that time large sums to secure around itself innovative ideas and so a projection/lead with the development that to receive new markets. With the end of this boom the estimate spread that the digital revolution does not set the basic rules of capitalism repealed. In this connection also the estimate spread with abating that one moreor less strict separation between new and “old Economy” is not meaningful. In addition traditional enterprises of the “old Economy” invested increasingly into ranges, which were regarded before as idiosynkratisch Economy new for those, like e.g. On-line portals and to a large extent Web-based services. Of thefurther a multiplicity of business models that proved to new Economy than conceptional miss, which for the end of the high phase to the proverbial “Dotcom - dying " led, disappearing from before often much promising started Internet enterprises.
In the German linguistic usage is in recent timeto state in the review increasingly on the developments of the 90's that “new Economy” actually designates not only (alleged new) a restaurant form, but also this epoch.
Doug Henwood, After the new Economy. The new one press. New York, London 2003. ISBN 1-56584-770-9
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- Dr. Pure hard Blomert: Stock exchange criminality and “new economics” - a financialsociological analysis