Knowledge: the new economy is knowledge-
Digitalization: The new economy is digital
Virtualization: The nature of relationships and
economic activity changes as information
Molecularization: Old relationships and
economic activities are disaggregated, then
replaced by dynamic new relationships and
economic activity based on molecular structure.
Integration: The new economy is a networked
economy, integrating molecules into clusters
that network with others for the creation of
Disintermediation: the functions performed by
middlemen between producers and consumers
are being eliminated by digital networks.
Convergence: The dominant economic sector is
being created by three converging industries
Innovation: The new economy is innovation-
Prosumption: In the new economy, the gap
between producers and consumers blurs.
Immediacy: Immediacy becomes a key driver
and variable in economic activity and business
Globalization: The new economy is global.
Discordance: Unprecedented social issues are
beginning to arise, potentially causing massive
trauma and conflict.