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list price: $16.95 USD
edition:Paperback
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published: Feb 2013
ISBN:9780262518611
publisher: The MIT Press

Wired for Innovation

How Information Technology Is Reshaping the Economy

by Erik Brynjolfsson & Adam Saunders

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information management
0 of 5
0 ratings
rated!
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list price: $16.95 USD
edition:Paperback
also available: Hardcover
published: Feb 2013
ISBN:9780262518611
publisher: The MIT Press
Description

Two experts on the information economy explore the true economic value of technology and innovation.

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.

About the Authors

Erik Brynjolfsson

Understanding the Digital Economy: Data, Tools, and Research (MIT Press).
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Adam Saunders is Assistant Professor in the Management Information Systems Division of the Sauder School of Business at the University of British Columbia.
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Editorial Reviews

If e-business had an oracle, Erik Brynjolfsson would be anointed.—Business Week


Compact and insightful, Wired for Innovation provides a synthesis of the research on econometric analyses of information and communication technologies (ICT) that bear on organizational and industrial productivity.—Steve Sawyer, Journal of the American Society for Information Science and Technology

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