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within sub-Saharan Africa. The existing evidence suggests that information technology has improved market efficiency and …
Persistent link: https://www.econbiz.de/10011083580
The tensions between books and book markets as expressions of culture and books as products in profit-making businesses are analysed and insights from the theory of industrial organisation are given. Governments intervene in the market for books through laws concerning prices of books, grants...
Persistent link: https://www.econbiz.de/10005124150
past, not in the future. The Internet fails as a Great Invention because much of its use involves substitution of existing … activities from one medium to another, because much Internet investment involves defence of market share rather than creation of … something of social value, because much Internet activity duplicates existing activity like mail order catalogues, while the …
Persistent link: https://www.econbiz.de/10005124176
intermediation on the Internet by allowing registration and transaction prices, and multiple registration. When only registration …
Persistent link: https://www.econbiz.de/10005136667
Digital goods are bit strings, sequences of 0s and 1s, that have economic value. They are distinguished from other goods by five characteristics: digital goods are non-rival, infinitely expansible, discrete, aspatial, and recombinant. The New Economy is one where the economics of digital goods...
Persistent link: https://www.econbiz.de/10005067419
Many cultural products have the same non-rival nature as scientific knowledge. They therefore face identical difficulties in creation and dissemination. One traditional view says market failure is endemic – societies tolerate monopolistic inefficiency in intellectual property (IP) protection...
Persistent link: https://www.econbiz.de/10005498130
preponderance of Internet and high-tech firms going public. Our results suggest that it was firm characteristics that were unique …
Persistent link: https://www.econbiz.de/10005504679
distribution of content to pay TV and free-to-air broadcasters, and for internet distribution of content. …
Persistent link: https://www.econbiz.de/10011083559
The market for multi-channel video programming has undergone considerable change in the last 15 years. Direct-Broadcast Satellite service, spurred by 1999 legislation that leveled the playing field with cable television systems, has grown from 3% to 33% of the U.S. MVPD (cable, satellite, and...
Persistent link: https://www.econbiz.de/10011084592
The Internet plays a growing role in the economy. This paper extrapolates this trend and analyses a world where most …
Persistent link: https://www.econbiz.de/10005666414