Chapter2009

The Star Driver

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Information Society and Technology Trends Economic Theory and Institutions Economic Development and Digital Transformation

Abstract

Abstract Chapter 2 focuses on the underlying driver of change, the falling cost of information, and paints the scenario of how it is changing our economic reality.

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1937The Nature of the Firm 1995Firms, Contracts, and Financial Structure 1993Economics, Organization and Management.2004The wisdom of crowds: why the many are smarter than the few and how collective wisdom shapes business, economies, societies and nations 2007The long tail: why the future of business is selling less of more 1989Frameworks of Power 1977Decisions with Multiple Objectives -- Preferences and Value Tradeoffs 1992Valuation: Measuring and managing the value of companies

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