Beware: Mistaking New Economy for Network Economy Could Lead to Economic Collapse!
The article discusses the concept of new economy, which is based on information technology, network technology, and knowledge innovation. It clarifies that new economy is not the same as network economy, as the latter specifically refers to electronic business and net banking. New economy is seen as the early stage of knowledge economy, with network economy being just one part of it. The article warns against mistaking new economy for network economy, as this could lead to misconceptions and the development of a "foamy economy" if not properly guided or regulated.