15.3. Perspectives
To understand the challenges that lie ahead of us in the area of e-business, it is worth discussing the ten driving principles of the New Economy [17]:
Matter. Matter matters less. In the New Economy, a larger percentage of the value of goods is concentrated in intangibles like knowledge, information, services, and software [7].
Space. The world is the customer and the competitor. In the New Economy, space and geographical boundaries are no longer relevant. The economics of distance has been replaced by the economics of attention [13].
Time. Time is collapsing. The New Economy thrives on strong and speed-of-light links between people, manufacturers, suppliers, service industries, and governments, and saves us time, which is ...
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