The Knowledge Economy, Information Technologies and Growth

The Knowledge Economy, Information Technologies and Growth

by Luigi Paganetto
     
 

ISBN-10: 0754632105

ISBN-13: 9780754632108

Pub. Date: 01/01/2004

Publisher: Ashgate Publishing, Limited

This volume focuses on the Information and Communication (ICT) revolution and its impact on economic growth. Even though the emergence of the knowledge economy is at the center of attention by media and is often a subject of economic policy debate, economic research on the issue is still relatively underdeveloped and many aspects of it are still awaiting proper…  See more details below

Overview

This volume focuses on the Information and Communication (ICT) revolution and its impact on economic growth. Even though the emergence of the knowledge economy is at the center of attention by media and is often a subject of economic policy debate, economic research on the issue is still relatively underdeveloped and many aspects of it are still awaiting proper theoretical and empirical scrutiny.

One important question is whether, as many economists and opinion leaders maintain the knowledge economy and the new information technologies have fostered the birth of a 'new economy' which by inducing a strong productivity growth in most sectors, is behind the impressive growth of GDP experienced by the US economy. Empirical research has in fact been unable to provide a conclusive answer to this question. This book debates this issue and provides the opportunity to discuss the economic and social effects of the ICT revolution. It also focuses on the functioning and the micro-economic structure of the ICT sector, as well as on its impact on various industries, on the financial system and on the labor market. It analyses the role of the ICT revolution on regional development and it addresses important policy issues such as its consequences for antitrust legislation and government regulation.

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Product Details

ISBN-13:
9780754632108
Publisher:
Ashgate Publishing, Limited
Publication date:
01/01/2004
Edition description:
New Edition
Pages:
548
Product dimensions:
6.10(w) x 8.70(h) x 1.40(d)

Table of Contents

List of Figures
List of Tables
List of Contributors
Foreword
Introduction1
1Technology-based Entrepreneurs: Does the Internet Make a Difference?7
2The Effect of Multimarket Scope on Firms' Compatibility Choice31
3Information Technology Revolution and Italian Banks: A New Schumpeterian View?52
4Producer Services, Innovation and Outsourcing in the New Economy113
5Competition Policy for Network and Internet Markets137
6Mergers between Incumbent Telecom Operators: The Role of Mutual Moderation159
7IPR-based Monopolies and Defensive Leveraging Strategies: Some Reflections on the Essential Facility Doctrine190
8The Impact of IT Investment on Productivity and Efficiency215
9The Economic Impact of the Computer Revolution: A Progress Report267
10The 'New Economy' in the OECD296
11Reorienting Training Policies to Meet the Challenges of Information and Communication Technologies319
12Raising the Speed Limit: US Economic Growth in the Information Age335
13The Location of Industry in a Knowledge-driven European Economy427
14Regional Specialization, Local Externalities and Clustering in Information Technology Industries453
15Direct Communication, Networking and Location of Innovative Activities487
16Post-Fordism, New Economy and the Case of the Italian 'Mezzogiorno'501
Index520

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