Abstract
The term New Economy was coined by the business press grasping two broad trends in world economy (Shephard 1997, cited in Pohjola 2002a, p. 134): First, globalization of business and second, revolution in information and communication technology (ICT). A more specific definition is given by the US Department of Commerce: The New Economy is „an economy in which IT and related investments drive higher rates of productivity growth“ (Temple 2002, p. 242).
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Bogaschewsky, R. (2004). E-Business in Production and Procurement — Some Theoretical Perspectives. In: Fandel, G., Backes-Gellner, U., Schlüter, M., Staufenbiel, J.E. (eds) Modern Concepts of the Theory of the Firm. Springer, Berlin, Heidelberg. https://doi.org/10.1007/978-3-662-08799-2_9
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DOI: https://doi.org/10.1007/978-3-662-08799-2_9
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