There are two major trends visible in economies all over the world. The first trend, far along in developed countries, is the shift to a service economy. The second, also quite advanced in some countries but barely visible in others, is the shift to an information economy. The "information economy" refers to those sectors in the economy that are concerned with the production of information goods and services, including the creation of assets and technologies for processing and distributing information. In the US the information economy now dominates the private sector and this is also...
There are two major trends visible in economies all over the world. The first trend, far along in developed countries, is the shift to a service ec...
The U.S. Information Economy: Value, Employment, Industry Structure, and Trade explores the confluence of two events -- large economies in the world being dominated by services and a change from a material or physical economy to an information economy -- by examining the double dichotomy of products versus services and information versus material, which divides the economy into four supersectors. This transformation to information and information-intensive services has a wide array of consequences. The authors examine some of these consequences to indicate the substantial implications for...
The U.S. Information Economy: Value, Employment, Industry Structure, and Trade explores the confluence of two events -- large economies in the world b...
