Wired for Innovation: How Information Technology Is Reshaping the Economy - Hardcover

Brynjolfsson, Erik; Saunders, Adam

Hardcover

ISBN 10: 0262013665 ISBN 13: 9780262013666

Publisher: Mit Pr, 2009

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.

About 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 Price

If 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 Economy

This 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

Edition details

• Publisher: Mit Pr
• Publication date: 2009
• ISBN 10: 0262013665
• ISBN 13: 9780262013666
• Binding: Hardcover
• Language: English
• Number of pages: 154