NETWORK SOCIETY AND NEW ECONOMY

                  

                 NETWORK SOCIETY AND NEW ECONOMY

Network society is a kind of society which is formed by the emergency of the electronic based way of communicating. The system of communicating now days have changed due to the development of science and technology and due to this now days emerged the network society or online society.

Network society led to the emergence of new economy in the world and the characteristics of new economy are;

It is global,

 means that new economy is all over the world. The world now create its economy through the internet or online this is due to the reason that things have changed now days, most of the things are done online, for example most of the advertisements are through online and there fore many publics or customers are found through online.

It is network

New economy is network, means that it is operating through networking all over the world and without this network it will be hard for countries or organizations to create economy through the internet and in order to win more it must be more connections with different and many people around the global.

It is information

New economy is full of information of everything, it tells the positive and negative of life. Due to the large connection around the global, new economy must contain a lot of information in different aspects of life like political, social, economy as well as economy around the world.

New economy is also characterized by the inclusion and exclusion

Starts with inclusion

This means that in new economy there are those who want to dance with new economy and technology and work with it, therefore you don’t ignore the emergence and presence of it and therefore you play with it in order to get advantage of it.

Exclusion

This means that if you don’t want to know the concept of new economy
and and technology and therefore you ignore it and it means that you cant get the advantage of it due to the fact that you don’t like to have an awareness of new media technology and new economy so it is just useless to you. If you don’t want to be in network society you will loose the experience of the network society and this will cause you not be able to manage information.

It is very important to be in inclusion in network society especially the corporate communication professionals and they need to use it as a tool to make their professionals in a better position.

Lastly, with new economy there is space flow, means you don’t need to have space to do things, even when walking you can do things, with new economy there is not limited to space. For example you can walk while working with your laptop or other devices like the cellphones.

By Tamba Philip 42679