Technology Evolution and the Internet

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Sumit Kumar Majumdar, Martin Cave, Ingo Vogelsang
Elsevier, 2005 - Business & Economics - 663 pages
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The objective of the second volume of the Handbook of Telecommunications Economics is to highlight the economic aspects of the evolution of communications technologies beyond the basic fixed-line telephony infrastructure that was covered in Volume 1. In that book, structural, regulatory and competition policy issues with respect to a well-known technology were covered. Yet, technological options have increased in a quantum manner. Fuelled by the creativity of entrepreneurs and policy-makers world wide, it is safe to infer that a process of creative destruction is well underway. Volume 2 covers the major technological developments and tracks the changes in these developments linking them to the ways that both communications can take place and that institutions and policies can evolve. Written by world leading scholars in a manner that will be appreciated by a wide audience of academics and professionals, the fifteen detailed reviews that make up this book provide an academic perspective on these contemporary changes.

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About the author (2005)

Sumit K. Majumdar is Professor of Technology Strategy in the School of Management, University of Texas, Dallas, Richardson. Intimately familiar with Indian industry, he has observed India's industrial transformation, from a closed backward economy to one rapidly becoming one of the world's major powers, from an inimitable historical as well as a contemporary perspective. He maintains deep ties and regularly visits India to engage in interactions with entrepreneurs and policymakers from all of India's industrial sectors. His interest areas are competition policy, entrepreneurship, political economy, regulation and technology strategy. He has published extensively in the academic and popular presses and has edited the two-volume Handbook of Telecommunications Economics (2005).

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