The authors conclude that the evolutional development of modern socio-economic systems is dominated by the information economy concept, which should be the basis of the future developmental model of the global economic system. This concept develops within the combined approach, based on the previous concepts of digital economy and internet economy, which is a part of the process approach proclaiming technological capital, the key factor of reproduction, by focusing on the development of socio-economic systems and the concept of knowledge economy, which is a part of the resulting approach that emphasizes human capital and innovations as a target result of the development of economic systems. The information economy concept includes the features of previous concepts, emphasizes the importance of technological and human capital, applies information and communication technologies, and achieves results that are connected to highly effective creation, storage, distribution, and usage of information. It also supplemented them with a new sense of proclaiming information on the most valuable resources as well as provision of free and continuous interaction of economic subjects – the highest priority of socio-economic systems.
This study was funded by the RFBR according to the research project No. 18-010-00103 А.
Sukhodolov, A., Popkova, E. and Litvinova, T. (2018), "The Notion and Essence of Information Economy", Sukhodolov, A., Popkova, E. and Litvinova, T. (Ed.) Models of Modern Information Economy, Emerald Publishing Limited, pp. 7-16. https://doi.org/10.1108/978-1-78756-287-520181002Download as .RIS
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