Digital economy is a more advanced and sustainable economic form. Information and communication technology (ICT), as the core technology, has played an unprecedented role in promoting the development of social economy in all aspects. This paper firstly explains the concept of digital economy based on economics, and then analyzes the social reproduction process of digital information products and the characteristics of digital industry before proceeding to discuss the features of the micro-entities of digital economy and the sharing economy by adopting the basic principle of political economics. The emergence of digital economy poses challenges to the traditional economics and there is a pressing need for theoretical research and innovation to explain the new economic phenomenon.
Keywords: digital economy, political economics, sharing economy, theoretical innovation
China Finance and Economic Review
Volume 8 Number 1 Spring 2019.P3