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Transforming Global Information and Communication MarketsThe Political Economy of Innovation$
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Peter F. Cowhey and Jonathan D. Aronson

Print publication date: 2009

Print ISBN-13: 9780262012850

Published to MIT Press Scholarship Online: August 2013

DOI: 10.7551/mitpress/9780262012850.001.0001

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The Next Revolution in Global Information and Communication Markets

The Next Revolution in Global Information and Communication Markets

Chapter:
(p.7) 1 The Next Revolution in Global Information and Communication Markets
Source:
Transforming Global Information and Communication Markets
Author(s):

Peter F. Cowhey

Jonathan D. Aronson

Donald Abelson

Publisher:
The MIT Press
DOI:10.7551/mitpress/9780262012850.003.0002

This chapter, which presents a brief overview of the evolution of information and communication technology (ICT) infrastructure, argues that until about 2025, the United States will be able to lead the world’s choices about future policies. The implications of the inflection point for the ICT infrastructure are explained. The inflection point significantly changes competitive opportunities in the ICT industry, and also breaks ICT out of geographic and functional boxes, presenting new frontiers for applications. The chapter shows that the domestic governance of ICT infrastructure depends on global arrangements, and also suggests that the logic of changes in political economy and the architecture of global governance determine the world’s choices for ICT infrastructure policy.

Keywords:   ICT, infrastructure policy, United States, inflection point, domestic governance, political economy, global governance

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