The rapid growth of electronic commerce, along with changes in information, computing, and communications, is having a profound effect on the United States economy. President Clinton recently directed the National Economic Council, in consultation with executive branch agencies, to analyze the economic implications of the Internet and electronic commerce domestically and internationally, and to consider new types of data collection and research that could be undertaken by public and private organizations.This book contains work presented at a conference held by executive branch agencies in May 1999 at the Department of Commerce. The goals of the conference were to assess current research on the digital economy, to engage the private sector in developing the research that informs investment and policy decisions, and to promote better understanding of the growth and socioeconomic implications of information technology and electronic commerce. Aspects of the digital economy addressed include macroeconomic assessment, organizational change, small business, access, market structure and competition, and employment and the workforce.
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"This comprehensive and penetrating collection frames and answers many of the most important questions of economics raised by cyberspace andits regulation. This book is a critical resource to anyone wanting to understand the economics of online behavior and online life." -Lawrence Lessig, Jack N. and Lillian R. Berkman Professor for Entrepreneurial Legal Studies, Harvard Law School
"This comprehensive and penetrating collection frames and answers many of the most importance questions of economics raised by cyberspace and its regulation. This book is a critical resource to anyone wanting to understand the economics of online behavior and online life." Lawrence Lessig, Jack N. and Lillian R. Berkman Professor forEntrepreneurial Legal Studies, Harvard Law School
About the Author
Erik Brynjolfsson is Schussel Family Professor at MIT's Sloan School of Management and Director of the MIT Center for Digital Business. He is the coeditor of Understanding the Digital Economy: Data, Tools, and Research (MIT Press). Brian Kahin is Senior Fellow at the Computer & Communications Industry Association in Washington, DC. He is also Research Investigator and Adjunct Professor at the University of Michigan School of Information and a special advisor to the Provost's Office. He is a coeditor of Transforming Enterprise (MIT Press, 2004) and many other books.
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Most Helpful Customer Reviews
5 of 5 people found the following review helpful:
5.0 out of 5 stars
To truly understand the information age, read this book!,
By Jonathan Koomey (Oakland, CA USA) - See all my reviews
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This review is from: Understanding the Digital Economy: Data, Tools, and Research (Hardcover)
I'm a voracious reader of books and articles about recent developments in information technology (IT). This book is the first I've found to present the latest research in economics, business, and public policy related to IT, and to do so in a way that is accurate, comprehensive, readable, and engaging. The editors deserve kudos for their choice of articles and for enforcing the analytical rigor so often lacking in consulting reports and popular articles in this field. I heartily recommend this book!
12 of 15 people found the following review helpful:
5.0 out of 5 stars
The Definitive Guide,
By George Harris (San Jose, California) - See all my reviews
This review is from: Understanding the Digital Economy: Data, Tools, and Research (Hardcover)
This book is an essential antidote to all the fluff out there written by pundits and consultants. The books consists of 14 chapters written by experts in the field reporting original research on how the digital economy really works and how it is transforming business. Anyone interested in seriously understanding the "new" economy needs to read this book.
6 of 7 people found the following review helpful:
5.0 out of 5 stars
Some great stuff in here!,
By "henry_georgeiii" (Washington, D.C.) - See all my reviews
This review is from: Understanding the Digital Economy: Data, Tools, and Research (Hardcover)
Some of the chapters in this book have priceless material, e.g. the Chapter on "Understanding Digital Markets" by Smith, Bailey and Brynjolfsson and the review of technology's role in growing income inequality by Katz.We need more research like this.
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Inside This Book
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First Sentence:
Although there is now a substantial body of literature on the role of information technology in the economy, much of it is inconclusive. Read the first page Key Phrases - Statistically Improbable Phrases (SIPs): (learn more)
relative demand growth, espoused technologies, digital intermediaries, factory electrification, educational wage differentials, enacted view, organizational engagement, price dispersion, digital economy, home computer ownership, computational organization theory, federal statistical system, intelligent spaces, conventional outlets, federal statistical agencies, digital companies, internetworking technologies, line consultants, economic censuses, price matching, task productivity, menu costs, productivity paradox, earnings mobility, sociotechnical approach Key Phrases - Capitalized Phrases (CAPs): (learn more)
United States, New York, African Americans, American Economic Review, International Telecommunication Union, Census Bureau, Department of Commerce, Understanding Digital Technology's Evolution, Erik Brynjolfsson, Extending Access, Marketing Science, The Evolving Structure of Internet Markets, Understanding Digital Markets, World Wide Web, South Africa, The Truth Is Not Out There, Digital Economies, Survey of Current Business, Brookings Papers, Management Science, National Bureau, University of Pennsylvania, Alpha Consulting, Bureau of Labor Statistics, Carnegie Mellon University New!
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Front Cover | Table of Contents | First Pages | Index | Surprise Me!
Although there is now a substantial body of literature on the role of information technology in the economy, much of it is inconclusive. Read the first page Key Phrases - Statistically Improbable Phrases (SIPs): (learn more)
relative demand growth, espoused technologies, digital intermediaries, factory electrification, educational wage differentials, enacted view, organizational engagement, price dispersion, digital economy, home computer ownership, computational organization theory, federal statistical system, intelligent spaces, conventional outlets, federal statistical agencies, digital companies, internetworking technologies, line consultants, economic censuses, price matching, task productivity, menu costs, productivity paradox, earnings mobility, sociotechnical approach Key Phrases - Capitalized Phrases (CAPs): (learn more)
United States, New York, African Americans, American Economic Review, International Telecommunication Union, Census Bureau, Department of Commerce, Understanding Digital Technology's Evolution, Erik Brynjolfsson, Extending Access, Marketing Science, The Evolving Structure of Internet Markets, Understanding Digital Markets, World Wide Web, South Africa, The Truth Is Not Out There, Digital Economies, Survey of Current Business, Brookings Papers, Management Science, National Bureau, University of Pennsylvania, Alpha Consulting, Bureau of Labor Statistics, Carnegie Mellon University New!
Books on Related Topics | Concordance | Text Stats Browse Sample Pages:
Front Cover | Table of Contents | First Pages | Index | Surprise Me!
Citations (learn more)
This book cites 100
books:
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16
books
cite this book:
See all 16 books citing this book
- The Emerging Digital Economy by U S Dept of Commerce on 6 pages
- Technology and Capital Formation by Dale W. Jorgenson on page 134, page 182, and page 184
- The Information Infrastructure by Harvard Business School Press on page 182, page 290, and Back Matter
- Advances in Group Processes, Volume 17 (Advances in Group Processes) by Shane R. Thye on page 128, page 135, and page 347
- Handbook of Industrial Organization (Handbooks in Economics) by Richard Schmalensee on page 213, and page 214
See all 100 books this book cites
- E-Roadmapping : Digital Strategizing for the New Economy by Stefan P. Bornheim on page 27, and page 90
- Cornucopia Limited: Design and Dissent on the Internet by Richard Coyne in Back Matter
- Product Lifecycle Management: Driving the Next Generation of Lean Thinking by Michael Grieves on page 99
- E-merging Media by Axel Zerdick in Back Matter
- Information Systems: The State of the Field (John Wiley Series in Information Systems) by John Leslie King on page 42
See all 16 books citing this book
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