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The New Economy and New Business Models

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A Digital Framework for Industry 4.0

Abstract

This chapter tackles the definition of New Economy, its main elements and its transformation, a theoretical perspective, the economics of digital information; negligible marginal costs, network externalities and barriers and enablers of business model change.

Digital Business Models; origins, concept, guidelines to develop a consensus for the business models and Digital Business Models best practices identified are also outlined.

The chapter draws to a close with the key information regarding the main characteristics for E-Business Environment: generic e-Business Strategies, new Strategies for E-Organizations and new Digital Business Models for E-Organizations.

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Notes

  1. 1.

    Definitions available from http://reports.weforum.org/digital-transformation/wp-content/blogs.dir/94/mp/files/pages/files/digital-enterprisenarrative-final-january-2016.pdf.

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Landeta Echeberria, A. (2020). The New Economy and New Business Models. In: A Digital Framework for Industry 4.0. Palgrave Macmillan, Cham. https://doi.org/10.1007/978-3-030-60049-5_2

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