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Creative Destruction: Business Survival Strategies in the Global Internet Economy

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Title: Creative Destruction: Business Survival Strategies in the Global Internet Economy
by Lee W. McKnight, Paul M. Vaaler, Raul L. Katz
ISBN: 0-262-13389-X
Publisher: MIT Press
Pub. Date: 19 March, 2001
Format: Hardcover
Volumes: 1
List Price(USD): $40.00
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Average Customer Rating: 5 (5 reviews)

Customer Reviews

Rating: 5
Summary: Interesting reading and analytic edge
Comment: It is a thorough analysis of the technological advances of our era and the depth of the internet industry. I was particularly interested in the implications for Latin America and the technological transfer from liberalization. It is a useful book for practictioners and for more academic minds.

Rating: 5
Summary: schumpeter revisited
Comment: Creative Destruction presents a fascinating revival of an old concept in the context of recent technological developments and innovation. It offers a brilliant account of how information technologies accelerate the process of creative destruction today and helps understand how information society articulates with in a wider framework of economic history. Those interested in Latin America will appreciate, in particluar, the recent developments in the telecommunications industry in the region.

Rating: 5
Summary: A thoughtful and highly useful book
Comment: This is an outstanding collection of articles. These papers combine scholarly depth with usefulness for practitioners. They will help you understand where we've been and forecast where we are going with the Internet. I teach courses on Internet Business Strategy and will use this collection next year. My favorites are Baumol's "Innovation and Creative Destruction; McKnight's "Internet Business Models: Creative Destruction as Usual" and Lehr's "A New Theory of the Internet Firm." They provide a solid conceptual basis for understanding the implications of the Internet economy. One thing truly unique about this book is the thoughtful and detailed discussions of the implications of the Internet on international business. There are six papers that focus on these issues. I have not seen this anywhere else. In a world where people publish books peddling derivative nostrums about the network economy, it's a pleasure to finally find one that deals with these issues in a serious, thoughtful and, most of all, useful way.

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