The Economics of the Digital Society

The Economics of the Digital Society

Edited by Luc Soete and Bas ter Weel

This important book presents a unique body of research into the economics of the digital society. It questions how modern economies have been transformed as a result of digital goods and markets, and explores the policy implications and challenges of this revolution.

Foreword

Edited by Luc Soete and Bas ter Weel

Subjects: business and management, knowledge management, innovation and technology, knowledge management, technology and ict

Extract

This volume originated from a set of papers prepared for the annual conference (the so-called ‘pre-Adviezen’) of the Dutch Royal Economics Society held in December 2000. To these contributions, originally written in Dutch, a number of invited papers written by ‘foreign’, leading experts in their respective fields were added to provide the present set of contributions on the economics of the digital society. Many if not most of these papers represent research contributions on the economics of technological change, with a direct application to the digital society, carried out at the Maastricht Economic Research Institute on Innovation and Technology (MERIT) at Maastricht University over the last couple of years. All the chapters in the book have been thoroughly revised and refereed before inclusion in the present volume. What appears here are revised versions that take account of those comments. Although the scope of the chapters is fairly broad, it will become apparent that the main theme of the economics of the digital society assures that they are in fact closely interrelated despite the diversity of approach. The chapters deal with a great many aspects of the digital society and offer a comprehensive picture of the economics behind many of the interesting features of the information society. It has been our aim to bring together and integrate the views of economists and social scientists in closely related fields to provide insight into the influence of the digital society in the core fields of economics. In particular, there are analyses...