Information cost, like physical assets, human assets, technology, financial resources and knowledge, is an essential production factor for economic development. In most cases, information does not constitute a product entity of an enterprise, which is the same reason that manpower does not constitute a product entity. The variety of information products is also diverse. Essentially, anything that can be digitized (encoded into a byte) is information. Information is of different value to different consumers. Regardless of the specific source of the information, people are willing to pay for it.


