The information economy can be described as an economic system where the production, distribution, and consumption of goods and services are primarily based on the creation, manipulation, and exchange of information. It is characterized by the prominence of industries such as technology, telecommunications, media, and data-driven services. In this economy, information and knowledge are considered valuable resources, and companies and individuals who possess and can effectively utilize these resources have a significant competitive advantage. The information economy is driven by rapid technological advancements, a reliance on digital infrastructure, and a focus on innovation and intellectual capital.
