Principles of Digital Economics: Innovation Theory in the Age of Intelligence

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This book aims to "digital economics" as an inter-discipline research area, by integrating economics, philosophy of technology, computer science and sociology. It takes an in-depth look at the history of technology development covering the changes and challenges to the society and thoughts, as it is, which helps readers to understand the logic and operation of the emerging integrated economy. Also a lot of innovation cases in digital transformation of China are presented in this book.

Author(s): Zhiyi Liu
Series: Contributions to Economics
Publisher: Springer
Year: 2022

Language: English
Pages: 174
City: Cham

Preface
From Global Financial Capitalism to Digital Economic Enlightenment
Global Financial Capitalism
A New Era of Digital Economy
Business Enlightenment for a New Era
Contents
Part I: Economics of the Information World
Chapter 1: Introduction to Digital Economic Thoughts
Information Technology and Economic Development
The New Order of Digital Economics
The Spiritual Connotation of Consensus Thought
Chapter 2: Digital Economic Technology and Innovation
The Peak of the Digital Economy Wave
Computer and Internet Revolution
Digital Economy Technology and Innovation
Chapter 3: Growth Theory of Digital Economics
The Equation of Digital Economic Growth
Limitations of Traditional Growth Theory
A New Perspective of Digital Economics
Chapter 4: Complexity Economic and Order of Evolution
``Principles of Economics´´ and the Continuity Hypothesis
Complexity Thoughts Based on Emergence and Evolution
Complexity Economics and the Principle of Increasing Returns
Chapter 5: Technological Elements and Enterprise Innovation
Schumpeter´s Theory of Enterprise Innovation
Technological Evolution Theory and Economic Structure
Entrepreneur Theory and Innovation Thoughts
Part II: Value Network Theory
Chapter 6: Value Theory of Digital Economic
Traditional Economic Value Theory
Austrian Economic Value Theory
Digital Economic Value Theory
Chapter 7: Economic Thinking of Blockchain
Open Network and Encryption Economy
Communities of Consensus and Complex Networks
Platform and Business Ecology Theory
Chapter 8: Blockchain and Austrian Economics
Origin of the Austrian School of Economics
Methodology of the Austrian School of Economics
Algorithmic Economics and Austrian Economics
Chapter 9: Network Organization and Innovation Management
Dual Structure of Networked Organizations
Network Platforms and Ecological Construction
Innovation Strategies for Networked Organizations
Chapter 10: Property Rights and Equilibrium Theory in Digital Economics
Equilibrium Theory of Digital Economics
The Property Rights Theory of Digital Economics
Blockchain Networks and Governance Mechanisms
Part III: The Capital Theory of the Digital Economy
Chapter 11: Monetary Theory of Digital Economy
Monetary Theory of Traditional Economics
Monetary Theory of Austrian Economics
Niche Economies and Token Economy
Chapter 12: Institutional Economics in the Digital Era
Economic and Social Institutional Changes
Smart Contracts and Coase Theorem
Institutional Change and the Digital Economy
Chapter 13: Money Supply and Demand and the Ecology of the Token Economy
Money Supply and Demand and the Credit Medium
The Principles of Economic Eco-design
The Business Logic of the Token Economy
Chapter 14: Capitalism from a Digital Economics Perspective
Dispute of Two Cambridge and Complexity Paradigm
Capitalism of the Austrian School of Economics
Capitalism and Innovation in the Digital Economy
Chapter 15: Economic Order in Open Network
Transaction Network and Capital Structure
Open Economy and Monetary Ecology
Token Economics and Price Theory
References