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 expertise without delay or in a roundabout way created this productiveness explosion, reversing many years of gradual progress. 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 different types of organizational capital to develop into electronic agencies. those recommendations comprise 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 procedures, and larger investments in education and education.

Innovation keeps via booms and busts. This booklet offers an important advisor for coverage makers and economists who have to know the way info expertise is reworking the economic system and the way it is going to create worth within the coming decade.

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