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November 13, 2012

E-commerce – the 3rd Major Evolution in Global Economy?

I recently spoke on a panel about how the internet and e-commerce are transforming global business.  My message was that you could make the argument that e-commerce could be considered the 3rd major evolution in the global economy since the industrial revolution. The first was the dramatic improvements in telecoms and transportation, which virtually eliminated time and distance as trade barriers.

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