Asset-based economy - Hutchinson encyclopedia article about Asset-based economy Printer Friendly
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old economy
(redirected from Asset-based economy)

   Also found in: Financial, Encyclopedia, Wikipedia 0.07 sec.

old economy

Term used to differentiate from the new economy. In old economy firms the key competitive assets are material assets such as machinery, goods, and property, and these companies are often more concerned with the manufacture of physical items rather than managing information and intellectual property.


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