PPT Slide

Nature of the New Economy

OLD ECONOMY

• Stable

• National

• Hierarchical

• Mass Production

• Capital and Labor

• Mechanization

• Lower Costs

• Go-it-alone Business Culture

• A Skill or Degree

• Adversarial Relations

NEW ECONOMY

• Dynamic

• Global

• Networked

• Flexible Production

• Innovation and Knowledge

• Digitization

• Innovation, Quality, Speed

• Alliances and Partnerships

• Lifelong Learning

• Collaboration

Source: Robert Atkenson, Progressive Policy Institute

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