Key Concepts in Digital Economics

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Digital economics

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A branch of economics studying digital goods and services

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Digital economy

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Is based on information and communication technologies (ICT) such as the Internet, smartphones, mobile and wireless networks

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Sharing economy

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Is the economy in which people or organizations share goods and services

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World Wide Web

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Is a system of interconnected public webpages accessible through the Internet

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Disruptive innovation

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Creates a new market, often leading to a change in market leadership and the emergence of new companies that become the new market leaders

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HyperText Transfer Protocol (HTTP)

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The Internet protocol used for transferring web pages

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Hypertext Markup Language (HTML)

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A standard web-page presentation format used to define the text and layout of web pages

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Uniform Resource Locator

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The address used by a web browser to identify the location of content on the Web

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Streaming media

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Multimedia for playback using an offline or online media player that is delivered through a network.

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Ethernet

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Is a family of wired computer networking technologies commonly used in local area networks (LAN), metropolitan area networks (MAN) and wide area networks (WAN)