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    The Global Internet Economy

     
    Seven countries' response to the Internet.
    6/2/2003
    The Internet, with no fixed time or location, is sustained by organizations and technologies that do have a physical presence. It is this physical aspect of the Internet that defines its cultural, technological, and economic borders. This volume examines how seven countries have developed a response to the Internet. The "Silicon Valley model" is used to explain why the U.S. grew faster in the e-business economy due to five factors: venture capital, equity markets for IPOs, a regional labor market for global talent, fiscal policies that encourage start-ups, and the proximity of universities and research institutes. Chapters on France, Germany, India, Japan, Korea, and Sweden review how the Internet developed in each country and examine to what extent the Silicon Valley model was adopted. Sweden and India show the greatest evidence of change on organizational and technological evolution.
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