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 12 principles of the network economy.
More on network strategy: Franchising, Information Society, Network Economy.

MBA Brief offers accurate and concise definitions of MBA concepts, frameworks, methods and models.

We love to keep things really short, but provide links to learn more about your subject and to similar concepts.