What are the differences between network economy and traditional economy in terms of factors affecting economic growth?

The influence of network economy and traditional economy on economic growth is different. The influence of network economy on economic growth is as follows:

1, the main factors of productivity are the unprecedented increase of workers' dependence on their information ability, that is, the ability to obtain, transmit, process and use information, and the emergence and rapid increase of new workers, that is, information workers.

2. In order to make better use of the indispensable factors in production and expand its coverage, data, information and knowledge have become new labor objects.

3. The positive factors that make productivity play a positive role are the networking and intelligence of labor tools and the amount of information and knowledge implied in them. The information network itself has become an important public or special labor tool.

4. As special soft elements of productivity, information and knowledge play a special role in the combination of material and spiritual and material processes by influencing other elements of productivity and coordinating them in an orderly and holistic way. ?

Extended data:

The basic characteristics of the network economy are as follows:

1, speed

Information network has turned the whole world into a "global village". This makes geographical distance irrelevant. The restriction of network-based economic activities on spatial factors has been reduced to a minimum. The whole process of economic globalization has been greatly accelerated, and the interdependence among countries in the world has been unprecedentedly strengthened.

2, high permeability

The rapid development of information technology and network technology has a high penetration function, which makes the information service industry expand rapidly to the primary and secondary industries, blurs the boundaries of the three industries, and presents the trend of the integration of the primary and secondary industries. And the tertiary industry. The classification of the three major industries has also been challenged.

3, increase the marginal revenue

With the expansion of production scale, the marginal benefit will show different increasing and decreasing trends. In the production process of material products in industrial society, diminishing marginal benefit is a universal law, because the traditional production factors-land, capital and labor have the characteristics of increasing marginal cost and diminishing marginal benefit. On the contrary, the network economy shows an obvious increase in marginal income.

4. External saving factors

Generally speaking, market transaction is a kind of contract signed by buyers and sellers according to their own independent decisions. This kind of contract is only binding on the parties to the contract and does not involve or affect the interests of other market entities.

5. Sustainability

Network economy is a specific information network economy or information network economy. It is closely related to information economy or information economy. This relationship is special, general, partial and overall. In this sense, network economy is a concrete form of knowledge economy, and knowledge and information also support the network. The main resources of network economy.

Step 6 be direct

Due to the development of the network, the economic structure tends to be weak. Producers and consumers at the end of the network can contact directly, which reduces the necessity of traditional middlemen, thus greatly reducing transaction costs and improving economic benefits. In order to explain many economic phenomena brought by the network economy that can't be explained by traditional economic theories, Mr. Jiang Qiping put forward the theory of "direct economy".

Baidu Encyclopedia-Network Economy