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The Strengthening Effect of Network Economy on the Elements of Economic Growth

Source: Shangpin China | Type: website encyclopedia | Time: November 20, 2014
The development of network economy has greatly enhanced the economic function of information. As one of the elements of modern economic growth, information, together with producers, means of production and technology and management, forms the basis of modern productivity. The network economy exerts its productivity function by optimizing the structure of production factors, guiding the rational and effective allocation of major producers, strengthening management, promoting the orderly operation of the productivity system, changing the connotation of production relations, improving the quality of the superstructure, and enhancing the coordination between the two.
 
internet economy

The network economy enhances the overall quality of the productivity system. Network economy can improve the combination of information elements and labor elements, increase the information content of other production factors, and make the allocation of other factors more reasonable, thus improving the overall quality and utilization efficiency of the productivity system. Modern economic practice has proved that the key to improving the quality of economic growth is to improve the level of science and technology. The formation and development of network economy make information, management, science and technology and knowledge become more important production factors. Since the 1950s, high-tech enterprises represented by information technology have emerged one after another. The production, processing and transmission of information have become an important part and feature of economic activities. Once the production factors with increased information content enter the production process, it can not only shorten the understanding and proficiency process of workers on the object, but also enable the production factors to enter the production operation system in a faster and more accurate state. From the time effectiveness of the production process, it can display and play its productivity function, and at the same time, it can increase the orderliness and safety coefficient of production and the opportunity income it brings. The input of information elements can also help to trigger technological innovation and invention and creation of production processes, production tools, operation methods and process technologies.

Network economy improves the decision-making level of productivity system. The network economy can strengthen the interaction of the decision groups of the productivity system, guide the optimal combination of production factors, and improve the level of decision-making. The optimal combination of major producers depends on the level of decision group. According to modern decision-making theory, the process of scientific decision-making is actually the process of information receiving, comprehensive utilization and decision-making. The greater the amount of information input, the better the use of information methods, the higher the information functions and their use level and utilization rate, the more sufficient the multiple designs for the combination of production factors, the more scientific the decision choices, and the greater the productivity. Information network system has great advantages in these aspects. In recent years, the application of information technology in enterprises has changed from closed to open, from internal information management to external information management, and from decentralization to networking. The application of information network in enterprises has made a qualitative leap in enterprise management and decision-making.

Website Design Promoting the reform of means of production, the network economy has brought revolutionary changes to the labor objects and workers. The objects of modern productive forces are mainly inexhaustible renewable and reproductive information resources. The important labor tools used are computer aided design system (CAD), computer aided production system (CAM), computer integrated manufacturing system (CIMS) and other information and intelligent machine systems controlled by electronic computers. This is a progress with great historical significance, which makes it possible for human beings to transfer most of the functions of labor to machines, and people themselves can be liberated to engage in more creative labor - the development and utilization of information resources.
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Disclaimer

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1. Part of the content of this site comes from the network, and the copyright of some articles and pictures involved belongs to the original author. The reprint of this site is for everyone to learn and exchange, and should not be used for any commercial activities.

2. This website does not assume any form of loss or injury caused by users to themselves and others due to the use of these resources.

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