Wired for Innovation: How Information Technology Is Reshaping the Economy (MIT Press)

Wired for Innovation: How Information Technology Is Reshaping the Economy (MIT Press)

Erik Brynjolfsson, Adam Saunders


A wave of commercial innovation is using the productiveness resurgence within the U.S. economic climate. In Wired for Innovation, Erik Brynjolfsson and Adam Saunders describe how details know-how at once or in a roundabout way created this productiveness explosion, reversing a long time of gradual development. They argue that the corporations with the top point of returns to their know-how funding are doing greater than simply procuring expertise; they're inventing new kinds of organizational capital to develop into electronic companies. those recommendations contain a cluster of organizational and business-process adjustments, together with broader sharing of knowledge, decentralized decision-making, linking pay and promotions to functionality, pruning of non-core items and methods, and bigger investments in education and education.

Innovation maintains via booms and busts. This booklet offers a vital advisor for coverage makers and economists who have to know how info know-how is reworking the economic climate and the way it is going to create price within the coming decade.

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