Welcome to the New Economic Models in the Digital Economy (NEMODE) website. Please feel free to explore and get involved in the discussions.

NEMODE is an initiative under the Research Councils UK (RCUK)’s Digital Economy (DE) research programme to bring together communities to explore new economic models in the Digital Economy. The project, which began in April 2012, has funding of £1.5 million over the next three years.

NEMODE focuses on New Economic Models, one of four RCUK DE Challenge Areas (the other three being IT as a Utility, Communities and Culture, and Sustainable Society). It aims to create a network of business people, academics and other experts who will identify and investigate the big research questions in new economic models that have arisen as a result of the digital economy’s fast-paced growth.

The project aims to inform policy on issues pertaining to the digital economy and engage with SMEs to stimulate new ideas and the creation of new markets. NEMODE will also inform business sectors and large companies about the changes necessary to enable them to take advantage of the opportunities created by today’s technologies.

NEMODE Research Team

Professor Roger Maull, University of Exeter Business School (Principal Investigator)
Professor Mike Chantler, Heriot-Watt University (Co-investigator)
Professor Andy Neely, University of Cambridge (Co-investigator)
Professor Irene Ng, University of Warwick (Co-investigator)

2 responses to “About NEMODE

  1. Dear sir,

    World is following methods of capitalism for more than 200 years. During this period it has helped the economies of the world to progress. But then its inherent weaknesses are slowly surfaced and now come to a point of no return.

    Main problem of capitalism is unemployment: to day in a country like India unemployment stands at 50% considering full time employment and modernization of agriculture . In countries like USA and UK is 7 to 10% or even more.

    Inequality is a common problem everywhere this model is used.

    Poverty is widespread by using this model. For example an estimated 400 million people – more than the population of the United States – live on less than $1 a day in India .

    India also had 828 million people below $2 a day. On this scale Sub-Saharan Africa, the world’s poorest region, is better than India .

    It is surprising , One third of worlds poor live in India. The poor exists even USA and UK . To alleviate these problems government gives some kind of ration in India , food coupons in USA, something similar in UK .

    The life of farmers is miserable in developing countries. for example In India today we have 65% population on farms . Most of their life is miserable .

    More than 17,500 farmers a year killed themselves between 2002 and 2006, At least 160,000 farmers have committed suicide since 1997 . There are only 33 million tax payers in India .

    If we think of these statistics you we will be convinced, “ It is time for all of us to work for a new economic model.

    There were 32 noble laureates who wrote on , “ how to scale new peaks in economy”. But then they provide incremental benefits under capitalism. No more than that!

    World over more than 100 dreamers and visionaries have thought for a new economic model to replace capitalism. All their models provide incremental benefits under capitalism.

    Communism collapsed in Russia and is getting modified in China.

    Co-operative effort is living under the umbrella of capitalism and is of not helping to improve unemployment problem.

    Therefore the search for new economic model continues world over.

    The search ends here with the formulation of a new economic theory , Which I call “The Reverse Principle”

    The model itself is simple.

    It is the fusion of three concepts:
    It keeps within itself the spirit of co-operative effort: All to work ! All to produce ! All to share.

    It keeps the spirit of capitalism: Self-sustaining! Self-growing ! Self regeneration

    It uses the concept of post dated cheque.

    The fusion releases economic nuclear power and changes the very life style of every one

    In addition to these three concepts it has
    3 types of people,
    3 types of shops, and
    2 types of currency.
    Altogether it uses 11 concepts that results in unbelievable life styles.

    More on these topics can be seen in webs
    http://cosmic-civilizations.com for philosophical issues
    http://spin-india2015.com for economic and political ideas

    Several books are published on this theme. There are 10 CD’s and several power point presentations that brings out these concepts in a logical manner.

    These theories have not come out just like that .

    I have a dream of India in the year 1965. In 35 years I have developed philosophy of the Unified Vision .About 100 articles and several books are brought out on these concepts.

    From 2000 to 2004 I have brought out, “India in My Dreams , Vision 2015”.

    Since then 7 years have passed. During this period I have worked out every detail of this model to the level of bolts and nuts.

    The Power point presentation , “It is not a Dream “ brings out the effort that has gone in preparing these theories.

    I have kept most of these power point presentations on top of the home page of the web


    It takes just one hour to read the basics in these power point presentations .

    After going through these basics one can read selected topics for more clarity.

    All your doubts will be cleared.

    Sir ! Can we work for this cause together ?

    I eagerly look forward for your response

    With warm personnel regards


  2. Pingback: Talk: Irene Ng at IBM Almaden Research Center (Jan 14,15) « Service Science

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google photo

You are commenting using your Google account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s