Economics

The Experience Economy

The Experience Economy

The Experience Economy is describe as the ‘next economy’ following the agrarian economy, the industrial economy and the most recent service economy. Authors Joe Pine and Jim Gilmore first mentioned the term in a 1998 Harvard Business Review article and they written book in 1999, titled “The Experience Economy”. The concept of the experience economy was born in the business field, it has crossed its frontiers to tourism, architecture, nursing, urban planners and other fields.