The U.S. computer software industry dominates the globe. But why
has this critical industry succeeded so dramatically in world
competition when so many other strategic technologies have fallen
to foreign suppliers? In a detailed and well-reasoned economic
analysis, Siwek and Furchtgott-Roth present the first truly
comprehensive examination of international trade in computer
software.
The authors identify software as one of the fastest-growing
industries in the United States as measured by value-added to gross
domestic product, employment, and foreign sales. They document the
historical importance of U.S.-produced software in both American
and foreign markets and they present country-by-country assessments
of software markets around the world. Siwek and Furchtgott-Roth
identify the principal areas of advantage held by the U.S. software
industry and they go on to assess the future prospects of U.S.
software in world markets.
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