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Synopsis
Two experts on the information economy explore the true economic value of technology and innovation.
A wave of business innovation is driving the productivity resurgence in the U.S. economy. In Wired for Innovation, Erik Brynjolfsson and Adam Saunders describe how information technology directly or indirectly created this productivity explosion, reversing decades of slow growth. They argue that the companies with the highest level of returns to their technology investment are doing more than just buying technology; they are inventing new forms of organizational capital to become digital organizations. These innovations include a cluster of organizational and business-process changes, including broader sharing of information, decentralized decision-making, linking pay and promotions to performance, pruning of non-core products and processes, and greater investments in training and education.
Innovation continues through booms and busts. This book provides an essential guide for policy makers and economists who need to understand how information technology is transforming the economy and how it will create value in the coming decade.
"synopsis" may belong to another edition of this title.
About the Author
Erik Brynjolfsson, Schussel Family Professor at MIT's Sloan School of Management and Director of the MIT Center for Digital Business, is the coeditor of Understanding the Digital Economy: Data, Tools, and Research (MIT Press).
Review
Brynjolfsson and Saunders have written an important roadmap for future technology innovation. Anyone interested in the business and economics of information technology should read this book.
―Chris Anderson, Editor in Chief, Wired Magazine, author of Free: The Future of a Radical PriceIf you want to read just one book on digital economy, Wired for Innovation should be it. This easy-to-read, yet comprehensive and analytical handbook provides essential insights for understanding how and why information technology is transforming business and the economy. Anyone reading this book will come away understanding just how important and transformative the IT revolution has been, and will be in the future.
―Robert D. Atkinson, President, Information Technology and Innovation Foundation, author of The Past and Future of America's EconomyThis is the answer CIOs have been waiting for, scientific proof of the productivity and competitive advantage gained by investments in IT.
―Leo Apotheker, CEO, SAP"About this title" may belong to another edition of this title.
- PublisherMit Pr
- Publication date2009
- ISBN 10 0262013665
- ISBN 13 9780262013666
- BindingHardcover
- Number of pages154
- Rating
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