Definition: Information Economy is the business of connecting people together with an emphasis on information activity and information industry. It’s a specific pieces of information developed from the manufacturing economy. This is like a different type of language to name all the elements related with the manufacturing production world. (Michael H. Goldhaber, “Attention Shopper”).
This term IE, is known in post-industrial economy, however the reference of Information Economy existed since hunting, agriculture development and earlier the Industrial Revolution in Europe.