Digital Revolution, Digital Economy and E-Commerce Transforming Business and Society. The Transition from the Industrial Revolution to the Digital Revolution

Bachelor Thesis , 2011 , 43 Pages , Grade: 9.00/10.00

Computer Science - General

This study shows the transition from the industrial revolution to the digital revolution. The continuous flow of information and the rapid development of technology in today's times affect many aspects of our everyday life and in particular the economy, the consumer goods and in general the marketplace. These significant facts lead to the Digital Economy or the New Economy and the Information Society. The effects of the Information Society and the Digital Economy have become visible in Greece, even with a time delay.

The Digital Economy refers to an economy that is based on digital technologies, including digital communication networks and other related information technologies. The Digital Economy is sometimes called the New Economy or the Internet Economy. In this new economy, digital networking and communication infrastructures provide a digital global platform over which people and organizations interact, communicate, search information and collaborate.

The technological dynamics of the digital age continue to impact the decisions of firms. If we consider in more detail the Digital Economy, we can tell that the Digital Economy shows where technological dynamics are emerging and where more traditional patterns seem to be holding. Moreover, we have to examine the policy implications of the rising Digital Economy. The digital economy is creating a unique business culture in our technological society. In the end, we must pay attention to some central topics such as new ways of organizing, the importance of vision and trust in e-commerce.

Inhaltsverzeichnis (Table of Contents)

• Digital Economy
  • Defining the Digital Economy
  • The steps of development of Digital Economy
  • Explaining the importance of Internet
  • The European Digital Economy
  • The Chinese Digital Economy
  • The Indian Digital Economy
  • Prevailing trends in profits and the indices of various shares in Information Technology
  • The use of information in the production process
  • Digitized Information
  • The Effects of Digital Economy
  • Management of Organizations in the Digital Economy
• Differences between the Traditional and New Economy
  • The current Greek reality
  • Comparison of the New Economy with the Current Economy
  • The thorny sides of the New Economy
  • Risks that lie behind the Digital Economy
  • Malicious Software (Malware)
  • Phishing
  • Indentity theft
  • Pirated Software
  • Description of the economic environment
• Some first conclusions about the new or digital economy
  • What is required for the Digital or New Economy
  • The New Economy is a Knowledge Economy
  • The New Economy is a global Economy
  • What is the future of the New Economy?
  • Some last conclusions about the Digital Economy
• The basic features of Electronic Commerce (eCommerce)
  • Classification of Electronic Commerce into specific categories
  • Electronic Commerce in Greece
  • What may be the future of e-business in Greece?
  • Some last conclusions about Electronic Commerce
  • Connecting Digital Revolution with E-Commerce
• Digital Gap - A big challenge for the Digital Economy
• Conclusions

Zielsetzung und Themenschwerpunkte (Objectives and Key Themes)

This study examines the transition from the industrial revolution to the digital revolution. The main goal is to analyze the impact of the continuous flow of information and rapid technological advancements on the economy, consumer goods, and the marketplace. The study explores the emergence of the Digital Economy, the Information Society, and the effects of these developments in Greece.

• The evolution of the Digital Economy and the Information Society
• The impact of Information Technology on economic development
• The challenges and opportunities posed by the digital revolution
• The role of Electronic Commerce in the Digital Economy
• The significance of the Digital Gap and its implications

Zusammenfassung der Kapitel (Chapter Summaries)

• Chapter 1: "Digital Economy" introduces the concept of the Digital Economy and its relationship to the IT revolution. It discusses the definition of the Digital Economy, the steps of its development, the importance of the Internet, and the impact of the Digital Economy in various regions including Europe, China, and India. The chapter also explores the use of information in production and the effects of the Digital Economy on organizations.
• Chapter 2: "Differences between the Traditional and New Economy" examines the contrasts between the traditional economy and the New Economy. It analyzes the Greek economic reality, compares the New Economy with the current economy, and discusses the challenges and risks associated with the Digital Economy. The chapter also addresses issues like malware, phishing, identity theft, and pirated software.
• Chapter 3: "Some first conclusions about the new or digital economy" presents initial insights into the Digital Economy. It discusses the requirements for a successful Digital Economy, highlights its nature as a knowledge economy and a global economy, and explores the potential future of the Digital Economy.
• Chapter 4: "The basic features of Electronic Commerce (eCommerce)" delves into the characteristics of Electronic Commerce. It classifies Electronic Commerce into various categories, examines the state of Electronic Commerce in Greece, and considers the future of e-business in the country. The chapter also emphasizes the link between the Digital Revolution and Electronic Commerce.
• Chapter 5: "Digital Gap - A big challenge for the Digital Economy" focuses on the Digital Gap as a significant hurdle in the development of the Digital Economy.

Schlüsselwörter (Keywords)

The main keywords and focus topics of this work include: Digital Economy, Information Society, Information Technology (IT), Internet, Electronic Commerce, development, economic growth, globalization, technological advancements, knowledge economy, digital gap, and cybersecurity.

• College: University of Macedonia
• Grade: 9.00/10.00
• Author: Serafeim A. Triantafyllou (Author)
• Publication Year: 2011
• Pages: 43
• Catalog Number: V470122
• ISBN (eBook): 9783668950559
• ISBN (Book): 9783668950566
• Language: English
• Tags: economy, e-commerce, transforming, business, society, transition, industrial, Digital Revolution, Digital Economy, Digital Economy and E-Commerce Transforming Business and Society, learn about digital economy, learn about ecommerce, learn about cybersecurity, cybersecurity