The Third Industrial Revolution in Global Business

Description

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 age has increased productivity in global business, the evidence of a 'revolution' in the ways industries are organized is somewhat more blurred, with both significant discontinuities and features which persist from the 'second' industrial revolution.

Giovanni Dosi is Professor of Economics at the Sant'Anna School of Advanced Studies in Pisa, Italy, where he directs the Institute of Economics. He is Co-Director of the task forces on Industrial Policy and on Intellectual Property Rights at the Initiative for Policy Dialogue, Columbia University, and Continental European Editor of Industrial and Corporate Change. Louis Galambos is Professor of History and co-director of the Institute of Applied Economics, Global Health, and the Study of Business Enterprise at The Johns Hopkins University. His most recent book is The Creative Society - And the Price Americans Paid for It (Cambridge University Press, 2012).