entry in an industry (like that of digital platforms) where customers face switching costs and enjoy network externalities …

digital capital. We create an extended firm-level panel on IT labor investments (1990-2016) using data from LinkedIn. We then … apply Hall's Quantity Revelation Theorem to compute both prices and quantities of digital capital over recent decades. We … find that 1) digital capital prices vary significantly over time, peaking around the dot-com boom in 2000, 2) significant …

As it becomes cheaper to copy and share digital content, vendors are turning to technical protections such as …

top 1%. In this paper we argue that the growing importance of digital innovation - new products and processes based on … Schumpeter's vision, digital innovation gives rise to "winner-take-all" market structures, characterized by higher market power … digital non-rivalry, which allows for massive economies of scale and reduces costs of innovation. The latter stimulates higher …

users, as a potential option for antitrust and consumer protection in the digital era …

-biased technological change of the digital revolution. The new AI revolution that has just begun seems to be having a similar skill …

This paper studies the impact of career concerns on technological change by analyzing the adoption of digital … early career directors played a leading role in the adoption of digital technology and that this effect appears to be …