Creative destruction
Subtitle: business survival strategies in the global Internet economy
By: Lee W. McKnight, Paul M. Vaaler, Raul L. Katz, editors.
Contributors: McKnight, Lee W.; Vaaler, Paul M.; Katz, Raul Luciano.
Publisher: MIT Press
Published: 2001
Place of publication: Cambridge, Mass
Language: eng
Number of pages: 289
Subjects: Technological innovations -- Economic aspects -- Congresses; Evolutionary economics -- Congresses; Organizational change -- Congresses; Internet -- Congresses; Globalization -- Congresses
Genres: Congresses.
Other titles: Business survival strategies in the global Internet economy
Description: "More Than Fifty Years Ago, Joseph Schumpeter stated that processes intrinsic to a capitalist society produce "creative destruction," whereby innovations destroy obsolete technologies, only to be assaulted in turn by newer and more efficient rivals.

This book asks whether the current chaotic state of the telecommunications and related Internet industries is evidence of creative destruction, or simply a result of firms, governments, and others wasting valuable resources with limited benefits to society as a whole. In telecommunications, for example, wireless, IP, and cable-based technologies are all fighting for a share of the market currently dominated by older, circuit-switched, copper-terminated networks.

This process is accompanied by mergers, acquisitions, bankruptcies, and investment and divestment in worldwide markets.".

"The selections discuss the primary challenge facing firms, governments, and other players: how to exploit the opportunities created by such destructive dynamics.

They highlight the importance of national regulations promoting competition and nonmonopolistic market structures, as well as the role of new technologies such as the Internet in driving down the price and speeding the diffusion of innovative products and services in telecommunications, media, electronic retailing, and other "new economy" industries."--BOOK JACKET.
Notes: Papers from a symposium held at the Fletcher School of Law and Diplomacy, Tufts University.

Includes bibliographical references (p. [269]-280) and index.
Table of contents: title: Innovation and creative destruction / William J. Baumol; title: Internet business models: creative destruction as usual / Lee W. McKnight; title: Creative destruction in Latin American telecommunications privatization / Walter T. Molano; title: Creative destruction in European Internet industries and policies / Jill Hills and Maria Michalis; title: Social communications innovation and destruction in Japan / Leslie Helm; title: Alliance enterprise strategies destroying firm boundaries / Peter Pekar, Jr.; title: Creating and destroying shareholder value across borders / Paul M. Vaaler; title: The Internet protocol and the creative destruction of revenue / Terrence P. McGarty; title: A new theory of the Internet firm / William Lehr; title: Sustainable open source software business models / Jean Camp; title: Alternative industry futures in the global internet economy / Martin G. Hyman and Raul L. Katz.