Networked Information Economy

The Networked Information Economy is a system where digital networks, like the internet, connect people, businesses, and information, enabling rapid sharing and collaboration. It shifts value from physical assets to data, knowledge, and digital services. This economy relies on connectivity, data flows, and online platforms, making information more accessible and creating new opportunities for innovation, commerce, and communication. Essentially, it emphasizes how interconnected digital networks transform traditional economic activities by facilitating instant information exchange and enabling new business models.