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New Economy

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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 It stated that traditional measures of value were no longer valid because technology was changing the world so quickly and dramatically.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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The theory proposes not the corporatization of the university, but groups of actors such as faculty, students, administrators, and academic professionals using a variety of state resources to create new circuits of knowledge that link higher education institutions to the new economy.
Academic capitalism and the new economy; markets, state, and higher ... by Reference & Research Book News
Using 29 measures, "The 2008 State New Economy Index," by the Ewing Marion Kauffman Foundation and the Information Technology and Innovation Foundation, ranks states' ability to thrive in an information-driven economy.
New economy report card by State Legislatures
The 2008 State New Economy Index, released by the Information Technology and Innovation Foundation and The Ewing Marion Kauffman Foundation, nonpartisan policy organizations that promote entrepreneurship and innovation, lists New Hampshire as 13th in the country for its efforts in moving away from an economy based on older industrial models to one based on knowledge innovation and technology.
N.H. ranks 13th in 'New Economy' by Kibbe, Cindy / New Hampshire Business Review
 
 
 
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