TY - CHAP AB - Purpose The purpose of this chapter is to determine the basic characteristics of information economy, including consideration of the theoretical features and distinguishing the analytical aspects of functioning of this phenomenon under modern conditions. The authors offer a hypothesis that basic characteristics of information economy are transformed under the influence of digitization and the change in telecommunication interaction.Methodology The following methodological tools were used: analytical introspection (determining estimate phenomena of the studied object with the help of practical materials analysis), theoretical cognition (grouping and synthesis of scientific studies of foreign and Russian scholars in the sphere of information economy), and group evaluation of phenomena (studying the modern regularities of information economy development).Results The following conclusions are made: the theory of information economy is based on presenting information as a tool of economy management (information is the main economic value that creates national wealth); the modern idea of information economy is connected to the aspects of digital and telecommunication interaction; the information economy of the twenty-first century is aimed at monetization of information on households; and a new basic direction of information economy is information and program economy.Recommendations The sphere of application of the received results is rather wide. They will be of interest for practitioners, government employees, and researchers in the sphere of macro-economic development of the country during the period of transformation of the paradigm of economic growth. The main direction of future research is substantiation of approaches to formation of a new economic thought based on information and digital technologies. SN - 978-1-78756-287-5, 978-1-78756-288-2/ DO - 10.1108/978-1-78756-287-520181004 UR - https://doi.org/10.1108/978-1-78756-287-520181004 AU - Kuznetsova Karina V. AU - Klochkova Elena N. AU - Lukyanchikova Tatiana L. AU - Shmarkov Mikhail S. ED - Alexander P. Sukhodolov ED - Elena G. Popkova ED - Tatiana N. Litvinova PY - 2018 Y1 - 2018/01/01 TI - Basic Characteristics of Information Economy: Theoretical Features and Analytical Aspects T2 - Models of Modern Information Economy PB - Emerald Publishing Limited SP - 25 EP - 36 Y2 - 2024/04/19 ER -