Digital economy refers to an economic system in which digital technology is widely used, thus fundamentally changing the entire economic environment and economic activities. Digital economy is also a brand-new social, political and economic system, in which information and business activities are digitized.
Transactions between enterprises, consumers and the government through the Internet are growing rapidly. The digital economy mainly studies goods and services whose production, distribution and sales depend on digital technology. The business model of digital economy works well because it creates a win-win environment for enterprises and consumers.
The development of digital economy has brought great impact to management practice, including competitive strategy, organizational structure and culture. With the application of advanced network technology in practice, our original concept of time and space has been really challenged. Enterprise organizations are trying to find ways to integrate their business with customers, suppliers and partners in data, information systems, workflow and work practices. They all have different standards, agreements, traditions, demands, incentives and workflow.
Extended data:
The essence of digital economy lies in informatization.
Informatization is a social and economic process of the transformation from industrial economy to information economy triggered by the revolution of production tools such as computer and Internet. Specifically, informatization includes the industrialization of information technology, the informatization of traditional industries, the informatization of infrastructure, the informatization of lifestyle and so on. Information industrialization and industrial informatization, that is, the production and application of information, are two key aspects.
Information production needs to develop a series of high-tech information technologies and industries, involving not only the manufacture of microelectronic products, communication equipment and facilities, computer software and hardware, network equipment, but also the collection, processing and storage of information and data. The application of information technology in the economic field is mainly manifested in the transformation and upgrading of traditional industries such as agriculture, industry and service industry with information technology.
The world today is experiencing the most rapid, extensive and profound changes in human history. High-tech represented by information technology is advancing by leaps and bounds, and the competition between comprehensive national strength characterized by informationization and the development level of information industry is becoming increasingly fierce. The profound influence of informatization on economic development and social progress has aroused widespread concern all over the world.
Both developed and developing countries attach great importance to informatization and regard accelerating informatization as a strategic task of economic and social development. The information industry created by the digital revolution is a strategic industry.
You can engage in manufacturing activities, service business, or both at the same time, and become a mixture of manufacturing and service industry, which is called "liquid mixture".
References:
Baidu Encyclopedia-Digital Economy