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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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PRINTED FROM MIT PRESS SCHOLARSHIP ONLINE (www.mitpress.universitypressscholarship.com). (c) Copyright The MIT Press, 2021. All Rights Reserved. An individual user may print out a PDF of a single chapter of a monograph in MITSO for personal use.date: 16 September 2021

The Next Revolution in Global Information and Communication Markets

The Next Revolution in Global Information and Communication Markets

(p.7) 1 The Next Revolution in Global Information and Communication Markets
Transforming Global Information and Communication Markets

Peter F. Cowhey

Jonathan D. Aronson

Donald Abelson

The MIT Press

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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