Glossary

Term	Definition
Attention Economy	Attention economy is an approach to the management of information that treats human attention as a scarce commodity, and applies economic theory to solve various information management problems. Learn more>>
Amazon.com	Amazon.com, Inc. (NASDAQ: AMZN) is an American multinational electronic commerce company with headquarters in Seattle, Washington, United States. It is the world's largest online retailer. Learn more>>
Amazon EC2	Is a central part of Amazon.com's cloud computing platform, Amazon Web Services (AWS). EC2 allows users to rent virtual computers on which to run their own computer applications. Learn more>>
Amazon S3	Is an online storage web service offered by Amazon Web Services. Amazon S3 provides storage through web services interfaces (REST, SOAP, and BitTorrent). Learn more>>
Bricks and Mortar Retailer	E-commerce jargon to describe a physical retailer (as opposed to an online retailer). Learn more>>
CEO	A chief executive officer (CEO, American English), managing director (MD, British English), executive director (ED, American English) for non-profit organizations, or chief executive is the highest-ranking corporate officer (executive) or administrator in charge of total management of an organization. Learn more>>
Cloud Computing	The delivery of computing and storage capacity as a service. The name is derived from the use a cloud shape in the system diagram to illustrate its complex infrastructure. Learn more>>
Cyberspace	Cyberspace is the electronic medium of computer networks, in which online communication takes place. Learn more>>
Digital Rights Management	Digital rights management (DRM) is a class of access control technologies that are used by hardware manufacturers, publishers, copyright holders and individuals with the intent to limit the use of digital content and devices after sale. DRM is any technology that inhibits uses of digital content that are not desired or intended by the content provider. Learn more>>
E-book	An electronic book (variously, e-book, ebook, digital book, or even e-editions) is a book-length publication in digital form, consisting of text, images, or both, and produced on, published through, and readable on computers or other electronic devices. more>>
E-reader	An e-book reader, also called an e-book device or e-reader, is a mobile electronic device that is designed primarily for the purpose of reading digital e-books and periodicals. [http://en.wikipedia.org/wiki/E-reader Learn more»
E-commerce	Electronic commerce, commonly known as e-commerce or e-comm, is the buying and selling of products or services over electronic systems such as the Internet and other computer networks. Learn more>>
Information Economy	Information economy is an economy with an increased emphasis on informational activities and information industry. Learn more>>
Innovation	Creation of more efficient or effective products, processes, technologies, services or ideas etc. Learn more>>
Intangible	The term intangibles is most commonly used to describe things that are recognized but not easily quantified; a common example are economic intangibles which describes something not easily quantified within a given theory of economics. Learn more>>
Internet	The Internet is a global system of interconnected computer networks that use the standard Internet protocol suite (often called TCP/IP, although not all applications use TCP) to serve billions of users worldwide. Learn more>>
Jeff Bezos	An American entrepreneur who through his vision and innovation lead Amazon.com to become one of the most successful e-commerce company. Learn more>>
Knowledge Economy	The knowledge economy is a term that refers either to an economy of knowledge focused on the production and management of knowledge in the frame of economic constraints, or to a knowledge-based economy. Learn more>>
Law of Inefficiencies	One of 12 principles that Kevin Kelly outlines in a new network economy. It signifies a departure from industrial economy ideals of productivity to optimise solutions. Rather it encourages discovery and imagination through network opportunities by being inefficient. Learn more>>
Metrics	A measurement of an aspect of a process to assess business performance. Learn more>>
Network Economy	The network economy may be viewed from a number of perspectives: transition from the industrial economy, digital and information infrastructure, global scale, value networks, and intellectual property rights. Learn more>>
Network Effect	In economics and business, a network effect (also called network externality or demand-side economies of scale) is the effect that one user of a good or service has on the value of that product to other people. Learn more>>
Niche Products	Those products that are less popular than others. They may be of an unusual nature or not considered to be part of popular culture. Learn more>>
Online Trading	Online trading, sometimes called etrading, is a method of trading securities (such as stocks, and bonds), foreign exchange or financial derivatives electronically. Information technology is used to bring together buyers and sellers through electronic trading platform and networks to create virtual market places Learn more>>
Prototype	A prototype is an early sample or model built to test a concept or process or to act as a thing to be replicated or learned from. Learn more>>
Revenue	An income receives from the sale of goods and services to customers. Learn more>>
Sony Librie	The Sony Librie EBR-100EP was the first commercial e-ink device, and original Sony e-book reader, it was sold only in Japan, but many devices were sold in the US through online retailers and with a third-party English OS upgrade. The screen size and resolution are the same as the Sony Reader, making it a cheap alternative to the Sony Reader for reading text files (such as from Project Gutenberg) and some e-book formats. Learn more>>
Tangible	Tangibility is the attribute of being easily detectable with the senses. Learn more>>
White Space	Gaps in established markets or product lines. Learn more>>
Wireless	Wireless telecommunications is the transfer of information between two or more points that are not physically connected. Learn more>>
World Wide Web	The World Wide Web (abbreviated as WWW or W3, commonly known as the Web or the "Information Superhighway"), is a system of interlinked hypertext documents accessed via the Internet. Learn more>>