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| Content Provider | Springer Nature Link |
|---|---|
| Author | Breznitz, Dan Kenney, Martin Rouvinen, Petri Zysman, John Ylä Anttila, Pekka |
| Copyright Year | 2011 |
| Abstract | Pervasive information and communication technology (ICT), intertwined with global dispersion of supply chains, is inducing a sizable structural transformation. All the articles in this special issue highlight that even though technology is the key driver, the reactions of businesses and countries to these transformations will depend on economic, political, and social arrangements within each organization and society. The competitive landscape of the ICT industry itself is likely to remain in flux. Also in other industries, both value creation and value capture are becoming increasingly complex—and remain more favorable for the developed countries than some commonly used measures suggest. According to the prevailing economic thinking, public policies should set market-friendly “rules of the game” and then stay out of the way. In the ICT domain, technical standards, spectrum allocations, and market power associated with various types of lock-ins play crucial roles calling for more active public involvement. In particular, the dynamic aspects of competition and anti-trust policies are important yet complex. While there is limited scope for sectoral or horizontal industrial policies, this special issue provides alternative avenues for considering matrix or systemic policies emphasizing education, openness, and national competitiveness. |
| Starting Page | 203 |
| Ending Page | 207 |
| Page Count | 5 |
| File Format | |
| ISSN | 15661679 |
| Journal | Journal of Industry, Competition and Trade |
| Volume Number | 11 |
| Issue Number | 3 |
| e-ISSN | 15737012 |
| Language | English |
| Publisher | Springer US |
| Publisher Date | 2011-05-31 |
| Publisher Place | Boston |
| Access Restriction | One Nation One Subscription (ONOS) |
| Subject Keyword | ICT technology globalization structural change industrial policy International Economics Management/Business for Professionals Economic Policy Economic Growth Industrial Organization |
| Content Type | Text |
| Resource Type | Article |
| Subject | Economics and Econometrics Industrial Relations |
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