Martin Fransman presents a new approach to understanding how innovation happens, who makes it happen, and the helps and hindrances. Looking at innovation in real-time under uncertainty, he develops the idea of an 'innovation ecosystem', i.e. a system of interrelated players and processes that jointly make innovation happen. Examples include: how companies like Amazon, Google, Facebook, Apple, AT&T, and Huawei interact in the ICT Ecosystem; four innovations that changed the world - the transistor, microprocessor, optical fibre, and the laser; the causes of the telecoms boom and bust of the early 1990s that influenced the Great Recession from 2007; and the usefulness of the idea of innovation ecosystems for Chinese policy makers. By delving into the complex determinants of innovation this book provides a deeper, more rigorous understanding of how it happens. It will appeal to economists, social scientists, business people, policy makers, and anyone interested in innovation and entrepreneurship.

The ICT sector is crucial as a driver of economic and social growth. Not only is it an important industry in its own right, but it also provides the communication and infrastructure without which modern economies could not function. How does this sector work? Why is it stronger in some countries than in others? What should companies, governments and regulators be doing to enhance its contribution? In The New ICT Ecosystem, Martin Fransman answers these and other questions by developing the idea of the ICT sector as an evolving ecosystem. He shows that some components of the ICT ecosystem, particularly the innovation process, work better in some countries and regions than in others. For example, the Internet content and applications layer of the ecosystem tends to work better in the US than in Europe or Asia. The analysis in this book enables policy makers and regulators to understand why some parts of the ICT ecosystem are underperforming and what can be done to enhance their performance. The previous edition of The New ICT Ecosystem won the 2008-10 Joseph Schumpeter Prize. - Winner of the 2008-10 Joseph Schumpeter Prize - Presents a highly original analysis of the ICT sector based on the metaphor of an evolving ecosystem - Provides important advice to policy makers and regulators about how underperforming parts of of the ICT sector can be improved

Many have described the Japanese competitive success in information technology; very few have explained it. In this book Martin Fransman advances our understanding by developing the concept of the Japanese Innovation System--an arrangement consisting of competing and cooperating private companies, government policy-makers and researchers, and universities. It will be of interest to all teachers, students and policy makers interested in technological competition.

"Martin Fransman is a pioneer in analyzing the development of high-tech industries. This study of broadband internet, put together by Fransman and a group of informed coauthors, examines the different paths taken by Korea, Japan, the United States, and several countries in Western Europe. It is a fascinating and illuminating story."
--Richard R. Nelson,
Professor Emeritus, Columbia University
"Global Broadband Battles is a fascinating and detailed account of the reasons why Japan and Korea have risen to world leadership in broadband communication, while the U.S. and Europe have been lagging. Fransman's book forcefully presents important policy lessons for companies and governments: competition should be fostered, the entry of new firms should be supported, and a regulatory regime allowing new competitors to be innovative should be encouraged."--Franco Malerba, Director of Centre for Research on Innovation and Internationalization, Bocconi University, Italy

The ICT sector is crucial as a driver of economic and social growth. Not only is it an important industry in its own right, but it also provides the communication and infrastructure without which modern economies could not function. How does this sector work? Why is it stronger in some countries than in others? What should companies, governments and regulators be doing to enhance its contribution? In The New ICT Ecosystem, Martin Fransman answers these and other questions by developing the idea of the ICT sector as an evolving ecosystem. He shows that some components of the ICT ecosystem, particularly the innovation process, work better in some countries and regions than in others. For example, the Internet content and applications layer of the ecosystem tends to work better in the US than in Europe or Asia. The analysis in this book enables policy makers and regulators to understand why some parts of the ICT ecosystem are underperforming and what can be done to enhance their performance. The previous edition of The New ICT Ecosystem won the 2008 10 Joseph Schumpeter Prize. Winner of the 2008 10 Joseph Schumpeter Prize Presents a highly original analysis of the ICT sector based on the metaphor of an evolving ecosystem Provides important advice to policy makers and regulators about how underperforming parts of of the ICT sector can be improved

Martin Fransman presents a new approach to understanding how innovation happens, who makes it happen, and the helps and hindrances. Looking at innovation in real-time under uncertainty, he develops the idea of an 'innovation ecosystem', i.e. a system of interrelated players and processes that jointly make innovation happen. Examples include: how companies like Amazon, Google, Facebook, Apple, AT&T, and Huawei interact in the ICT Ecosystem; four innovations that changed the world - the transistor, microprocessor, optical fibre, and the laser; the causes of the telecoms boom and bust of the early 1990s that influenced the Great Recession from 2007; and the usefulness of the idea of innovation ecosystems for Chinese policy makers. By delving into the complex determinants of innovation this book provides a deeper, more rigorous understanding of how it happens. It will appeal to economists, social scientists, business people, policy makers, and anyone interested in innovation and entrepreneurship.