What is the network economy?

Network economy refers to the economic relationship between production, distribution, exchange and consumption based on computer network. Based on information, relying on computer network, taking the production, distribution, exchange and consumption of network products as the main content, taking high technology as the support and taking knowledge and technological innovation as the soul.

Economically, it is the main form of information economy or knowledge economy, also known as digital economy. Network economy is a concrete form of knowledge economy, and this new economic form is affecting social economy and people's lives at an extremely fast speed.

Compared with the traditional economy, the network economy has the following remarkable characteristics: rapidity, high permeability, self-expansion, increasing marginal benefits, external economy, sustainability and directness.

Extended data:

Basic characteristics of network economy

1, speed

Eliminating the gap between time and space is one of the fundamental changes in the world caused by the Internet. First of all, the Internet broke through the traditional national and regional boundaries, was integrated by the network, closely linked the whole world, and turned the earth into a "village".

On the Internet, regardless of race, nationality, country, occupation and social status, people can freely exchange and roam information, and people's dependence on space is greatly reduced. Secondly, information breaks through the time limit, so that people's information transmission and economic exchanges can be carried out in a smaller time span.

2, high permeability

The rapid development of information technology and network technology, with high penetration function, makes the information service industry rapidly expand to the primary and secondary industries, blurs the boundaries between the three industries, and there is a trend of the integration of the primary, secondary and tertiary industries.

3. Increasing marginal revenue

Marginal benefits will increase or decrease with the expansion of production scale. In the production process of material products in industrial society, diminishing marginal benefit is a universal law, because the traditional factors of production-land, capital and labor-all have the characteristics of increasing marginal cost and diminishing marginal benefit. On the contrary, the network economy shows an obvious increasing marginal benefit.

4. Sustainability

Network economy is a specific information network economy or information network economy, which is closely related to information economy or information economics. This relationship is both special and general, both partial and whole. In this sense, network economy is a concrete form of knowledge economy, and knowledge and information are also the main resources to support network economy.

Step 5 be direct

Due to the development of the network, the economic organization structure tends to be thin and flat, and the producers and consumers at the end of the network can contact directly, which reduces the necessity of the existence of the traditional middleman level, thus significantly reducing transaction costs and improving economic benefits.

Baidu Encyclopedia-Network Economy