12 Principles of The Network Economy


Definition: 12 Principles of The Network Economy is a list of foundational rules or axioms by Kelly ('97) describing the network economy:
1. The Law of Connection
2. The Law of Plentitude
3. The Law of Exponential Value
4. The Law of Tipping Points
5. The Law of Increasing Returns
6. The Law of Inverse Pricing
7. The Law of Generosity
8. The Law of the Allegiance
9. The Law of Devolution
10. The Law of Displacement
11. The Law of "Churn"
12. The Law of Inefficiencies


More on network strategy: Franchising, Information Society, Network Economy.


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