Updated: April 20, 2024
What are digital economics?
If you want to successful in your business as a CEO of a corporate or an independent entrepreneur or if you are a consultant, trainer or business coach, you have to understand ‘digital economics’ in order to make the right strategic, tactical and operational decisions during a crisis like the Covid-19 pandemic. Including growing and scaling your company using ICT.
What are digital economics?
Digital economics examines whether and how digital technology changes economic activity including different economic costs associated with digital economic activity including: search costs, replication costs, transportation costs, tracking costs, verification costs & organisational costs and valuating and handling immaterial/intabgible assets.
More: What is ‘the social distancing economy’?, What are ‘organisational economics’?, What is a ‘virtual organisation’?, What is a ‘digital product?’, ‘What are ‘digital services’?’ & What is the ‘Law Of Diminishing Firms’?
Understanding digital economics also plays an important role in valuating companies including startups and scaleups and especially their immaterial assets including knowledge, data, information & value creating relationships in their business ecosystems.
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If you want to know more about digital economics including how to value startups and scale-ups, email me here.
Tony de Bree worked in Financial Services including in corporate venturing and e-commerce for 26 years and with ups and downs made the transition from banker to entrepreneur working from home and making money online with his own “online plan b” with digital products as side-hustle in 2000 and as hybrid business owner since 2011. Since the beginning of the Covid-19 crisis, Tony helps customers with on demand consulting, training, speaking and coaching and digital services and digital products to survive Covid-19 and managers and employees to make the succesful transition ‘from employee to entrepreneur’.
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