dc.contributor.author | Feng, H. | |
dc.contributor.author | Froud, J. | |
dc.contributor.author | Johal, S. | |
dc.contributor.author | Haslam, C. | |
dc.contributor.author | Williams, K. | |
dc.date.accessioned | 2011-02-02T16:07:28Z | |
dc.date.available | 2011-02-02T16:07:28Z | |
dc.date.issued | 2001 | |
dc.identifier.citation | Feng , H , Froud , J , Johal , S , Haslam , C & Williams , K 2001 , ' A new business model? The capital market and the new economy ' , Economy and Society , vol. 30 , no. 4 , pp. 467-503 . https://doi.org/10.1080/03085140120089063 | |
dc.identifier.issn | 0308-5147 | |
dc.identifier.other | dspace: 2299/5282 | |
dc.identifier.uri | http://hdl.handle.net/2299/5282 | |
dc.description | Original article can be found at : http://www.informaworld.com Copyright Informa / Taylor and Francis Group [Full text of this article is not available in the UHRA] | |
dc.description.abstract | This paper uses the concepts of business model and financial ecosystem to analyse the relation between the US capital market and corporate business. Under a capital market double standard, from 1995 to 2000, new companies with digital prospects could recover their costs from the capital market; but, after the tech stock crash in 2000, all companies were required to generate profits from the product market. This encourages a blurring of old and new firm identities, because sectoral power is increasingly necessary to secure cost recovery. But this does not imply any return to business as usual when the financial ecosystem for new technology survives the crash and large-scale venture capital investment continues. From this point of view,the new economy illustrated, concretely, the determining role of finance in the broader processes of financialization. | en |
dc.language.iso | eng | |
dc.relation.ispartof | Economy and Society | |
dc.subject | New economy | |
dc.subject | business model | |
dc.subject | financialization | |
dc.subject | financial ecosystem | |
dc.subject | digital technologies | |
dc.subject | capital market | |
dc.title | A new business model? The capital market and the new economy | en |
dc.contributor.institution | Hertfordshire Business School | |
dc.description.status | Peer reviewed | |
rioxxterms.versionofrecord | 10.1080/03085140120089063 | |
rioxxterms.type | Journal Article/Review | |
herts.preservation.rarelyaccessed | true | |