Definition of softnomics in English:

softnomics

noun

  • (A term coined in Japan for) the study of the shift in the economy of developed countries from the basis of manufacturing industry to that of service industry, especially information technology.

Origin

1980s; earliest use found in Scientific American. From soft + -nomics, after Japanese sofutonomikkusu, so called either with reference to software or with reference to the ‘soft’ industries (such as the service industry), which do not produce tangible objects.

Pronunciation

softnomics

/ˌsɒf(t)ˈnɒmɪks/