The Emergence of a "New Economy"

Explaining and understanding the new economy

The new American economy in its global context

The policy debate

Explaining and Understanding the "New Economy"

Showing the new economy.

Telling a clear and coherent story.

What the "new economy" is not.

Showing the New Economy

Measures abound.

Which are the best ones to use?

Showing the New Economy

Telling a Clear and Coherent Story

Needed because people need something they can grasp and use.

Foundations: the new economy is a knowledge and an innovation economy.

Clusters of innovation succeed each other.

• New technologies.
• New business models.

Likely to continue for an extended time.

• Moore's law.
• Metcalfe's law.
• Still in the early stages of the transformation...

The consequences are pervasive.

• Transformative technologies create new activities.
• Transformative technologies reconfigure existing activities.

Assessing its historical significance.

Showing the New Economy

Telling a Clear and Coherent Story

What the "New Economy" Is Not

The Global Context

The American comeback.

The global innovation economy.

Shaping the Domestic Policy Debate

Resources.

Rules at home.

Rules abroad.

Inclusion.