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.
Erik Brynjolfsson is
Schussel Professor of Management and Co-Director of the Center for eBusiness at the Sloan
School of Management, Massachusetts Institute of Technology.
Brian Kahin is Director of
the Center for Information Policy at the University of Maryland.
Contents
Introduction Erik
Brynjolfsson and Brian Kahin
The Macroeconomic Perspective
Measuring the Digital
Economy John Haltiwanger and Ron S. Jarmin
GDP and the Digital Economy:
Keeping up with the Changes Brent R. Moulton
Understanding Digital
Technology's Evolution and the Path of Measured Productivity Growth: Present and Future in
the Mirror of the Past Paul A. David
Market Structure,
Competition, and the Role of Small Business
Understanding Digital
Markets: Review and Assessment Michael D. Smith, Joseph Bailey, and Erik Brynjolfsson
Market Structure in the
Network Age Hal R. Varian
The Evolving Structure of
Commercial Internet Markets Shane Greenstein
Small Companies in the
Digital Economy Sulin Ba, Andrew B. Whinston, and Han Zhang
Small Business, Innovation,
and Public Policy in the Information Technology Industry Josh Lerner
Employment, Workforce, and
Access
Technological Change,
Computerization, and the Wage Structure Lawrence F. Katz
The Growing Digital Divide:
Implications for an Open Research Agenda Donna L. Hoffman and Thomas P. Novak
Extending Access to the
Digital Economy to Rural and Developing Regions Heather E. Hudson
Organizational Change
IT and Organizational Change
in Digital Economies: A Sociotechnical Approach Rob Kling and Roberta Lamb
Organizational Change and
the Digital Economy: A Computational Organization Science Perspective Kathleen M.
Carley
The Truth Is Not Out There:
An Enacted View of the "Digital Economy" WandaJ. Orlikowski and C. Suzanne
lacono
Contributors
Index
401 pages