Whether people act as consumers or producers, adding ideas will be central to wealth creation in the new economy. Digital information provides many more options for storing, retrieving, communicating, sharing, using and abusing that information. All are substantial issues on their own. Other issues, not mentioned, might also assume greater significance. Communications infrastructure Central to the digital, knowledge economy is information technology and communications.
Every economy needs a national information infrastructure.
The new infrastructure will change economic activity as significantly as did electrification. Just as business and wealth creation would be unthinkable today without electrification, so the new economy would be impossible without the power of information. Don Tapscott, The Digital Economy Consider the importance of infrastructure for instance. Colony further suggested that New Zealand could also achieve this growth if its infrastructure was appropriately developed. His caveat, a clarion call, was that for this to be achieved, every business and home would need to be connected with cheap, wide bandwidth.