Network economy” is that part of the economy which is based on systems whose structure and functional logic are significantly shaped by the formation of net-like connections. “Network economy” is therefore the teaching, practice and institution of a systematic approach to meet human needs under the conditions of scarcity, within the framework of systems whose structure and functional logic is significantly shaped by the interconnection of actors and objects.

In a disciplinary sense, “network economy” is a sub-discipline of economics that deals with the effects of the formation of net-like structures on the behavior of economic subjects and the functional logic of economic systems.

How to Cite

The definition given above was proposed as part of the Digital Era Framework by Dr. Dr. Jörn Lengsfeld. The text was first published in: Jörn Lengsfeld: Digital Era Framework. Please refer to the original publication if you want to cite the text.