1. Introduction and summary -- 2. World-wide-welfare : a micro-economic analysis of "The new economy" -- 3. Network formation, innovation and IT use -- 4. Adoption and diffusion of e-business and the role of network effects -- 5. Radio spectrum fees as determinants of market structure : the...

"The essays in this volume probe the impact the digital revolution has had, or sometimes failed to have, on global business. Has digital technology, the authors ask, led to structural changes and greater efficiency and innovation? While most of the essays support the idea that the information...