William Lazonick and theAIRnet have received a grant from the institute for New Economic Thinking (INET) for a project on “The Stock Market and Innovative Enterprise”.
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La bataille des télécom: Vers une France numérique
By Marie Carpenter In 1967, the French telecommunications administration had less than 4 million subscribers, all of them in France. Today, France Télécom Orange has 200 million clients throughout the world. How did this small state utility become one of…
The International Schumpeter Society awarded the 2010 Schumpeter Prize to William Lazonick
The International Schumpeter Society awarded the 2010 Schumpeter Prize to William Lazonick for his book, Sustainable Prosperity in the New Economy? Business Organization and High-Tech Employment in the United States (Upjohn Institute, 2009). Over the past three decades, the information and communication…
Sustainable Prosperity in the New Economy?
By William Lazonick Over the past three decades, the information and communication technology (ICT) industries have propelled the growth of the U.S.economy. In the process there has been a dramatic transformation in the dominant mode of business organization that characterizes…