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A value-added network (VAN) is a hosted service offering that acts as an intermediary between business partners sharing standards based on proprietary data via shared business processes. The offered service is referred to as "value-added network services".
Value added is a term in financial economics for calculating the difference between market value of a product or service, and the sum value of its constituents. It is relatively expressed to the supply-demand curve for specific units of sale. [ 1 ]
A general definition that subsumes the other definitions is that a value network is a network of roles linked by interactions in which economic entities engage in both tangible and intangible exchanges to achieve economic or social good.
The network economy is the emerging economic order within the information society.The name stems from a key attribute - products and services are created and value is added through social networks operating on large or global scales.
"The value of a network equals the net value added to each user’s transactions conducted through that network, summed over all users." behavioral economics The branch of economics that studies the effects of psychological, cognitive, emotional, cultural and social factors on the economic decisions of individuals and institutions and how those ...
In economics, Beckstrom's law is a model or theorem formulated by Rod Beckstrom.It purports to answer "the decades-old question of 'how valuable is a network'", and states in summary that "The value of a network equals the net value added to each user’s transactions conducted through that network, summed over all users."
Global value chains are a network of production and trade across countries. The study of global value chains requires inevitably a trade theory that can treat input trade. However, mainstream trade theories (Heckshcer-Ohlin-Samuelson model and New trade theory and New new trade theory) are only concerned with final goods.
The value-chain concept has been extended beyond individual firms. It can apply to whole supply chains and distribution networks. The delivery of a mix of products (goods and services) to the end customer will mobilize different economic factors, each managing its own value chain. The industry wide synchronized interactions of those local value ...