New Dual Economy:New Economic Prosperity and the Reengineering of the Traditional Economy

Chunsheng Zhou and Zhiliang Wang
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Chunsheng Zhou: Cheung Kong Graduate School of Business, China
Zhiliang Wang: University of International Business and Economics, China

in World Scientific Books from World Scientific Publishing Co. Pte. Ltd.

Abstract: This book attempts to establish a new theoretical framework to analyze the intrinsic patterns of economic growth, structural transformation, and the shift of economic momentum in the digital economy era. The book provides a detailed discussion on the interactions between the old and new economic sectors (the limitless and limited sectors), the migration of labor and capital between different sectors, as well as the accumulation of knowledge capital, such as data, technology, and creativity. Additionally, it delves into the growth mechanisms of the new dual economy. Given the characteristics of competition and deep integration between the limitless and limited sectors in the new dual economy era, the book also explores the transformation and digitalization of traditional enterprises.

Keywords: New Dual Economy; Limited-supply Sectors; Limitless-supply Sectors; Limitless-supply Products; Knowledge/Intelligence Capital; Technology Assets; Data Assets; Asset Intangibles; Market Size; Employment Structures; Economic Transformation; Global Digitization; Digital Retrofitting of Traditional Enterprises; Entrepreneurial References; Digital Transformation and Upgrading (search for similar items in EconPapers)
JEL-codes: O10 P00 (search for similar items in EconPapers)
Date: 2025
ISBN: 9789819808076
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