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New Economy
(redirected from Dot-com economy)

   Also found in: Dictionary/thesaurus, Financial, Wikipedia 0.01 sec.
New Economy
Coined in the late 1990s, it referred to the impact of information technology on the economy. It stated that traditional measures of value were no longer valid because technology was changing the world so quickly and dramatically.

Also known as the "Digital Economy," it implied that any company not embracing the Internet in a big way was doomed to fail in the future, and its mantra was "gain market share at all cost." After the dot-com failures began in 2000, the term lost much of its luster. See New New Economy and GNU Economy.


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If you want to survive in a dot-com economy, here are some of the issues you must consider: Issue # 1: Build a website and clients will come rushing.
With the collapse of the dot-com economy based largely on the simple, unobtrusive banner ad, Web publishers are desperately trying to come up with other viable business models.
He said he came of age in the time of the dot-com economy, when employees shifted their allegiance from their companies to their own careers and made it rich on their technological know-how.
 
 
 
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