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Wired for Innovation: How Information Technology Is Reshaping the Economy
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Wired for Innovation: How Information Technology Is Reshaping the Economy

3.49  ·  Rating Details ·  47 Ratings  ·  8 Reviews
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 ...more
Hardcover, 154 pages
Published October 1st 2009 by MIT Press (MA) (first published 2009)
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Espen
Feb 22, 2010 Espen rated it really liked it
Shelves: technology
Excellent overview and guide to the research on the economic effects of information technology. Short chapters with pointers to more reading, good examples, concludes with avenues for further research. I will use this as an assignment for my technology strategy students - rather than giving them a few articles, they might as well read the whole book.
Mark Steed
Apr 01, 2016 Mark Steed rated it liked it
This book for the leaders of organisations responsible for strategic development - it is not for ICT enthusiasts. Bryjolfsson [MIT] and Saunders [Penn] review the recent economic research literature on the impact that IT is having on the [US] economy. Thus there is nothing original about this book - it concisely and in very readable way facilitates keeping up to date with the latest trends and research findings.

The most important conclusion that they draw iis that the firms that have been transf
...more
Will
Dec 27, 2012 Will rated it really liked it
"The companies with the highest returns on their technology investments did more than just buy technology; they invested in organizational capital to become digital organizations. Productivity studies at both the firm level and the establishment (or plant) level during the period 1995-2008 reveal that the firms that saw high returns on their technology investments were the same firms that adopted certain productivity-enhancing business practices. The literature points to incentive systems, train ...more
Jysoo
Mar 16, 2015 Jysoo rated it really liked it
This is a little book on what you cannot measure. It starts with intangible benefits people enjoy (e.g., by Google and Wikipedia search) which do not show-up in GDP, which is more focused on tangible good. What then would be a reasonable way to measure total benefit to individual? After raising the question, the authors go on to the main topic of measuring the contribution of IT on productivity and economic growth. The issue is related to business practice and organizational capital which is als ...more
Klaas
Jan 12, 2011 Klaas rated it it was ok
Bit too basic, but provides reader without prekbowledge on innovation subject with a good overview of academic literature. Great summary imo.
Koen
Jun 15, 2014 Koen rated it liked it  ·  review of another edition
Shelves: aangekocht
Innovation from an economic perspective. Very insightful for the valuation of ICT and free goods... Good to take with me but a lot of ballast to go through first.
David Salazar
Mar 15, 2014 David Salazar rated it liked it
It brings a good econometric perspective about IT investment and some insights about productivity outcomes. However it misses talking about strategy for successful adoption of IT technologies.
Simon Hampton
Aug 08, 2011 Simon Hampton rated it it was amazing
The most authoritative econometric account of the impact of ICT on business productivity I have read to date. Truly brilliant
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