It refers to an economy that is based on digital computing technologies.
The emergence of new digital infrastructures, including wireless networks, mobile devices and positioning technologies, heralds the next radical shift in digital technology as it becomes embedded into the public spaces, architectures, furniture and the personal fabric of our daily lives. The idea of scanning visual codes to trigger digital interactions is well established. The use of specifically designed codes, containing many bits of information reaches back to the use of barcodes. For most people the digital economy refers to the economy conducted on the Internet, but the digital economy is much broader than this. In 2003 the Itanium 2 processor cost half that, at $2 per MIPS.8We can see this trend by examining the growth in the number of transistors on Intel processors. This exponential progress is continuing across many core IT technologies (memory, processors, storage, sensors, displays, and communication). Adoption of ubiquitous computing will have a profound effect on the ways in which people work, travel, learn, entertain themselves and socialise. Researching and understanding how digital technology is designed and used, is crucial in ensuring it delivers both economic and societal benefit to all. The idea of scanning visual codes to trigger digital interactions is well established. The use of specifically designed codes, containing many bits of information reaches back to the use of barcodes. The technologies underlying the digital economy also go far beyond the Internet and personal computers. IT is embedded in a vast array of products, and not just technology products like cell phones, GPS units, PDAs, MP3 players, and digital cameras. In 2003 the Itanium 2 processor cost half that, at $2 per MIPS.8We can see this trend by examining the growth in the number of transistors on Intel processors. This exponential progress is continuing across many core IT technologies (memory, processors, storage, sensors, displays, and communication). The Digital Economy Definition: The digital economy refers to an economy that is based on digital technologies, although we increasingly perceive this as conducting business through markets based on the internet and the World Wide Web. Progressive UK governments have recognised the need to develop a socio-economic environment in which commerce can thrive. BCS supports the Digital Britain initiative and believes the present UK environment to be generally supportive in the creation and growth of a web-based company. Digital Economy refers to an economy that is based on digital computing technologies. The digital economy is also sometimes called the Internet Economy, the New Economy, or Web Economy. Increasingly, the “digital economy” is intertwined with the traditional economy making a clear delineation harder. The term 'Digital Economy' was coined in Don Tapscott 's 1995 best-seller The Digital Economy: Promise and Peril in the Age of Networked Intelligence. The general election was called on April 6, 2010, which meant that the Digital Economy Act was running out of Parliamentary time, as Parliament was dissolved on 8 April. The Digital Economy Bill went into what is called wash-up. The wash-up is an accelerated parliamentary process used after general elections have been called to rush unopposed legislation through parliament before dissolution. This meant it was not debated at length in the Commons. According to Ofcom the Digital Economy Act provides that internet service providers and copyright owners bear the cost of section 3 to 16, including the cost to Ofcom and an appeals body. They are also liable to pay Ofcom's cost incurred prior to actual implementation. Comment *. You are solely responsible for the content of your comments. We reserve the right to remove comments that are considered profane, vulgar, obscene, factually inaccurate, off-topic, or considered a personal attack. In 2003 the Itanium 2 processor cost half that, at $2 per MIPS.8We can see this trend by examining the growth in the number of transistors on Intel processors. This exponential progress is continuing across many core IT technologies (memory, processors, storage, sensors, displays, and communication). Digital technology in the form of the Personal Computer and the Internet has already transformed work, education, government, leisure and entertainment, generating new market opportunities and having a major economic impact across a broad range of sectors. The idea of scanning visual codes to trigger digital interactions is well established. The use of specifically designed codes, containing many bits of information reaches back to the use of barcodes.
http://www.horizon.ac.uk/what-is-the-digital-economy/ http://www.digitalcommunities.com/articles/What-Is-the-Digital-Economy.html http://www.horizon.ac.uk/what-is-the-digital-economy/ http://www.digitalcommunities.com/articles/What-Is-the-Digital-Economy.html http://policy.bcs.org/sites/policy.bcs.org/files/digital%20economy%20Final%20version_0.pdf https://en.wikipedia.org/wiki/Digital_economy https://en.wikipedia.org/wiki/Digital_Economy_Act_2010 http://www.digitalcommunities.com/articles/What-Is-the-Digital-Economy.html http://www.horizon.ac.uk/what-is-the-digital-economy/
what is a digitized economy