HOW TO UNDERSTAND THE NEW ECONOMY

Angela-Nicoleta Cozorici (), Simona Buta () and Ghiorghi Prisacaru
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Angela-Nicoleta Cozorici: ”Stefan cel Mare” University of Suceava, România
Simona Buta: ”Stefan cel Mare” University of Suceava, România
Ghiorghi Prisacaru: ”Stefan cel Mare” University of Suceava, România

The Annals of the "Stefan cel Mare" University of Suceava. Fascicle of The Faculty of Economics and Public Administration, 2009, vol. 9, issue 2(10), 148-155

Abstract: The work presents the main evolutions towards the New Economy based on knowledge by passing from the Industrial Era to the Informational Era. The new economy is the result of a veritable economic revolution, with a powerful impact on the society’s functioning manner. We have introduced the fact that the novelty of the global economy derives from the appearance and the potentiating of a new economic factor, that is the knowledge, and the companies’ leaderships have been obliged to accept the capital importance of the fifth resource: the information. For understanding the concept of new economy based on knowledge, which, according to the New School from Cambridge, are classified as follows: the principle of the human existence in a closed circle; the principle of reintegrating the human in nature; primum non nocere; preserving and developing biomass, biodiversity and bio-productivity; the permanent insurance of the resources; the principle of the economic, social and ecologic efficiency; the societal existence is interactive with the environment; the passing from the discretionary demographic growth to another one, based on the conscious responsibility of the man-woman couple and on the adequate implication of the society; the principle of the social equity; government accountability for the way the policies promoted, manage and enhance resources and to ensure the new generations’ future, too. We concluded the work by introducing the main features of the new society and of the new economy based on knowledge, specific to the post-capitalist society.

Keywords: the new economy; economy based on knowledge; knowledge revolution; informational revolution; knowledge; information. (search for similar items in EconPapers)
Date: 2009
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