Internet, economic growth and globalization: perspectives on by Claude E. Barfield, Günter S. Heiduk, Paul J.J. Welfens

By Claude E. Barfield, Günter S. Heiduk, Paul J.J. Welfens

The dynamics of the electronic economic system within the US, Europe and Japan are particularly varied. a few ecu international locations come with regards to the united states because the top OECD kingdom within the new financial system, yet Japan faces specific difficulties in catching-up digitally. details and communique expertise will have an effect on productiveness development, construction, the economic climate and exchange. surroundings enough principles for the electronic financial system — on the nationwide and foreign point — is a key problem for industrialized international locations. furthermore, cultural and organizational demanding situations also will must be met.

Show description

Read Online or Download Internet, economic growth and globalization: perspectives on the new economy in Europe, Japan, and the USA PDF

Best management information systems books

Outsourcing Management Information Systems

This booklet balances the optimistic results of outsourcing, that have made it a favored administration process with the adverse to supply a extra inclusive choice; it explores hazard components that experience now not but been broadly linked to this procedure. It specializes in the conceptual "what", "why", and "where" facets of outsourcing in addition to the methodological "how" elements"

Design of Sustainable Product Life Cycles

Product existence cycle layout – producing sustainable product lifestyles cycles explains the significance of a holistic long term making plans and administration method of attaining a greatest product profit over the complete existence cycle. The paradigm of pondering in product lifestyles cycles helps brands in shaping profitable items.

Extra info for Internet, economic growth and globalization: perspectives on the new economy in Europe, Japan, and the USA

Sample text

Scientific and technological change is following "trajectories" until a "breakpoint" (radical change) disrupts the smooth and gradual development. The stock of accumulated knowledge does not only consist of scientific or otherwise codified and easily accessible findings but also of acquired "tacit" practical skills. Knowledge therefore has a "public" and a "private" part. Apart from a few really globalized and highly science-based technologies the main part of worldwide knowledge has a local character in that its geographical diffusion is limited in scope because of mobility barriers to human capital or skilled labor.

One cannot simply rule out that labor market deregulation is important, as a combination of high ICT investment with accelerated structural changes develops towards a dynamic service society. In the services sector we have, however, well-known problems in measuring productivity (ARK I MONNIKHOF I MULDER, 1999; BOSWORTH I TRIPLETT, 2000). With respect to the impact of labor one cannot rule out that rising unemployment rates in 26 Internet, Economic Growth and Globalization the 1980s and early 1990s contributed to growth positively via a positive effort effect of those having a job, but the combined effect of labor quantity and labor effort obviously was negative in many EU countries.

Comparing the G-7 countries and small industrial countries, the coefficient of import-weighted R&D stocks has the same value, but the coefficient for domestic R&D turned out to be much smaller for small industrial countries. For developing countries they assume that R&D capital is constant, and the coefficient of import-weighted foreign R&D turned out to be clearly higher. To the extent that the Internet stimulates business-related services trade in particular and trade in general, the Internet might have trade-related growth effects.

Download PDF sample

Rated 4.77 of 5 – based on 10 votes