Internet based economy of the 21st century

Sergei Parinov and Tanya Yakovleva ()
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Tanya Yakovleva: IEIE

Russian Working Paper Archive for Economists and Sociologists from The Institute of Economics and Industrial Engineering of SD of RAS

Abstract: What and how a networked economy is formed. Four main processes:

1)Growth of the Internet-technologies set and its applications;

2)Growth of economic settlers on the Internet (some statistics);

3)Network forms of organization design (four type of benefits);

4)Network forms of institution design (trade, finance and labour).

List of networked economy features and differences from market and hierarchy forms. Co-evolution of three forms (market, hierarchy and networked economies). Type of relations and coordination mechanism of the networked economy. Renaming of the "Networked Economy" as the "Economy of Direct and Collaborative Relations" (EDCR).

Keywords: Networked Economy; Internet technologies; mechanism of coordination; organizational forms (search for similar items in EconPapers)
JEL-codes: D70 D83 (search for similar items in EconPapers)
New Economics Papers: this item is included in nep-ifn, nep-mic, nep-net and nep-tid
Note: Document in Russian, August 1998.
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Persistent link: https://EconPapers.repec.org/RePEc:nos:econom:1762001

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