Summary: New Rules for the New Economy: Review and Analysis of Kelly's Book
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About this ebook
This complete summary of the ideas from Kevin Kelly's book "New Rules for the New Economy" shows how our world is now focused on connectivity. The new economy is all about communication becoming deeper, more cost effective and wider than ever before. In his book, the author demonstrates how the future of this network is the future of the planet's economic system. This summary presents readers with the 10 fundamental principles of network economics.
Added-value of this summary:
• Save time
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• Expand your knowledge
To learn more, read "New Rules for the New Economy" and discover how the world of communication is changing and what this means for the future.
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Summary - BusinessNews Publishing
Book Presentation: New Rules for the New Economy by Kevin Kelly1
Book Abstract
About the Author
Important Note About This Ebook
Summary of New Rules for the New Economy (Kevin Kelly)4
Strategy #1. Embrace Decentralization
Strategy #2. Increasing Returns Generate Positive Feedback
Strategy #3. Abundance Rather Than Scarcity
Strategy #4. Generosity Begets Wealth
Strategy #5. Focus On and Build The Web
Strategy #6. Let Go While Still At The Top
Strategy #7. From Places To Spaces
Strategy #8. Innovation Is The Best Survival Strategy
Strategy #9. Relationship Tech
Strategy #10. Opportunities Outweigh Efficiencies
Book Presentation: New Rules for the New Economy by Kevin Kelly
Book Abstract
MAIN IDEA
Every business will ultimately come to obey the logic and economics of networks.
Specifically, industries that now cluster around hard
or tangible goods and services will ultimately come to be governed by the same economic principles and dynamics that currently govern just the soft
or intangible industries. Therefore, to stay ahead of the pack, understand how the soft world works at present and apply those same principles now before you’re forced to apply them in less favorable competitive circumstances.
The new economy is all about communication becoming deeper, more cost effective and wider than ever before. As a direct consequence, commercial transactions can now take place without face-to-face or any type of physical contact existing between the parties. Suddenly, all types of new and innovative commercial arrangements have become feasible. New economic functions are emerging as the network economy is gradually and steadily drawing all commercial activities within its reach and influence.
The result? Everything will very soon take place within the context of the network rather than the local conditions and circumstances which have historically been important. In other words, the