search query: @indexterm economic conditions / total: 1703
reference: 194 / 1703
Author: | Comez, P. Kung, L. |
Title: | Creating value in the new economy. Do 'old' economy management concepts have a future? |
Journal: | Unternehmung
2001 : VOL. 55:2, p. 97-109 |
Index terms: | ECONOMIC CONDITIONS MANAGEMENT MODELS INTERNET |
Language: | eng |
Abstract: | Literature, whether scholar or practitioner orientated, is peppered with references to the 'new economy', which, it is commonly agreed, represents a fundamentally new environment for strategising and organising. But while the existence of the new economy is widely accepted, a similar consensus regarding its defining attributes and more crucially for managers, its implications for 'old economy' managerial tools and precepts has yet to emerge. This paper makes an initial contribution towards remedying this situation by applying the VIP model (Gomez, 1998), a composite management tool in which many key concepts of the old economy are embedded, to the new economy. In this way it seeks to examine the differences between the two economies and assess the relevance of existing management tools for the Internet environment. |
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