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Wired for innovation : how information technology is reshaping the economy / Erik Brynjolfsson and Adam Saunders.

By: Brynjolfsson, Erik [author.].
Contributor(s): Saunders, Adam | IEEE Xplore (Online Service) [distributor.] | MIT Press [publisher.].
Material type: materialTypeLabelBookPublisher: Cambridge, Massachusetts : MIT Press, c2010Distributor: [Piscataqay, New Jersey] : IEEE Xplore, [2009]Description: 1 PDF (176 pages).Content type: text Media type: electronic Carrier type: online resourceISBN: 9780262258661.Subject(s): Technological innovations -- Economic aspectsGenre/Form: Electronic books.Additional physical formats: Print version: No titleDDC classification: 303.48/33 Online resources: Abstract with links to resource Also available in print.
Contents:
Technology, innovation, and productivity in the information age -- Measuring the information economy -- IT's contributions to productivity and economic growth -- Business practices that enhance productivity -- Organizational capital -- Incentives for innovation in the information economy -- Consumer surplus -- Frontier research opportunities.
Summary: A wave of business innovation is driving the productivity resurgence in the U.S. economy. In Wired for Innovation, Erik Brynjolfsson and Adam Saunders describe how information technology directly or indirectly created this productivity explosion, reversing decades of slow growth. They argue that the companies with the highest level of returns to their technology investment are doing more than just buying technology; they are inventing new forms of organizational capital to become digital organizations. These innovations include a cluster of organizational and business-process changes, including broader sharing of information, decentralized decision-making, linking pay and promotions to performance, pruning of non-core products and processes, and greater investments in training and education.Innovation continues through booms and busts. This book provides an essential guide for policy makers and economists who need to understand how information technology is transforming the economy and how it will create value in the coming decade.
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Includes bibliographical references and index.

Technology, innovation, and productivity in the information age -- Measuring the information economy -- IT's contributions to productivity and economic growth -- Business practices that enhance productivity -- Organizational capital -- Incentives for innovation in the information economy -- Consumer surplus -- Frontier research opportunities.

Restricted to subscribers or individual electronic text purchasers.

A wave of business innovation is driving the productivity resurgence in the U.S. economy. In Wired for Innovation, Erik Brynjolfsson and Adam Saunders describe how information technology directly or indirectly created this productivity explosion, reversing decades of slow growth. They argue that the companies with the highest level of returns to their technology investment are doing more than just buying technology; they are inventing new forms of organizational capital to become digital organizations. These innovations include a cluster of organizational and business-process changes, including broader sharing of information, decentralized decision-making, linking pay and promotions to performance, pruning of non-core products and processes, and greater investments in training and education.Innovation continues through booms and busts. This book provides an essential guide for policy makers and economists who need to understand how information technology is transforming the economy and how it will create value in the coming decade.

Also available in print.

Mode of access: World Wide Web

Description based on PDF viewed 12/23/2015.

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