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Wired for Innovation: How Information Technology Is Reshaping the Economy

Wired for Innovation: How Information Technology Is Reshaping the Economy

Paperback

Business GeneralGeneral Computers

ISBN10: 0262518619
ISBN13: 9780262518611
Publisher: MIT Press
Published: Feb 8 2013
Pages: 176
Weight: 0.47
Height: 0.47 Width: 5.29 Depth: 7.68
Language: English
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.

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General Computers