How the Internet Became Commercial: Innovation, Privatization, and the Birth of a New Network (The Kauffman Foundation Series on Innovation and Entrepreneurship)

by Shane Greenstein

FCC policy could enable the migration of assets from low-value to high-value use. By permitting ISPs to interconnect with the phone system, assets designed for one use, such as voice telephony, found value in another use, such as transferring data to support Internet applications.