From a macroeconomic perspective the term "new economy" describes a phenomenon of persistent strong and low-inflation growth due to the large diffusion of information and communication technologies (ICT). This paper looks into Europe's position with respect to the new-economy phenomenon. Section...

From a macroeconomic perspective the term "new economy" describes a phenomenon of persistent strong and low-inflation growth due to the large diffusion of information and communication technologies (ICT). This paper looks into Europe's position with respect to the new-economy phenomenon. Section...

The contribution of the ‘new economy’ to economic growth in developing countries has so far been minimal. Despite the recent hype, the ‘old economy’ will for long be the fundamental force behind economic growth in transition economies. Nonetheless, in the longer run the ‘new economy’...

This paper reviews the obstacles for an appropriate financial architecture of new economy firms in developing countries by reviewing the theoretical and some preliminary empirical underpinnings of the importance of legal and institutional barriers. Apart from the more conventional institutional...

The rapid development and diffusion of the information and communications technology (ICT) is the major driving force of the New Economy. While there is ample evidence to suggest that the ICT industry has contributed a great deal to the overall economic growth of the developed countries, its...

The benefits from the New Economy should accrue as improvements in productivity and economic growth. But while the use of information and communication technology seems to have had a substantial impact on the performance of the United States economy, the evidence for other countries is much...

This paper presents new calculations for the production and use of information and communications technology (ICT) in Finland from 1975 to 2001. ICT-production has in the late 1990s had significant impacts on growth and labour productivity (LP). As the increase in LP seems to have mushroomed...

Yritykset ja niiden toimintatavat ovat jatkuvassa muutoksessa teknologian kehittyessä. Etenkin edistys tieto- ja viestintäteknologiassa (ICT) on luonut kokonaan uusia toimialoja ja toisaalta muokannut merkittävästi myös perinteisinä koettujen alojen yritysten toimintamalleja. ICT:n...