Commercialization of the Internet: The Interaction of Public Policy and Private Choices
AbstractWhy did commercialization of the Internet develop so well? This paper examines events in the Internet access market as a window on this broad question. The study emphasizes four themes. First, commercializing Internet access did not give rise to many of the anticipated technical and operational challenges. Entrepreneurs quickly learned that the Internet access business was commercially feasible. Second, Internet access was malleable as a technology and as an economic unit. Third, privatization fostered attempts to adapt the technology in new uses, new locations, new market settings, new applications, and in conjunction with other lines of business. These went beyond what anyone would have forecast by examining the uses for the technology prior to 1992. Fourth, and not trivially, the National Science Foundation was lucky in one specific sense. The Internet access industry commercialized at a propitious moment, at the same time as the growth of an enormous new technological opportunity, the World Wide Web. As it turned out, the Web thrived under market-oriented, decentralized, and independent decision making. The paper draws lessons for policies governing the commercialization of other government-managed technologies and for the Internet access market's moving forward.
Download InfoTo our knowledge, this item is not available for download. To find whether it is available, there are three options:
1. Check below under "Related research" whether another version of this item is available online.
2. Check on the provider's web page whether it is in fact available.
3. Perform a search for a similarly titled item that would be available.
Bibliographic InfoPaper provided by Institute for Policy Resarch at Northwestern University in its series IPR working papers with number 00-11.
Date of creation:
Date of revision:
You can help add them by filling out this form.
CitEc Project, subscribe to its RSS feed for this item.
- Jonathan Baker & Mark Bykowsky & Patrick DeGraba & Paul LaFontaine & Eric Ralph & William Sharkey, 2011. "The Year in Economics at the FCC, 2010–11: Protecting Competition Online," Review of Industrial Organization, Springer, Springer, vol. 39(4), pages 297-309, December.
- Downes, Tom & Greenstein, Shane, 2007.
"Understanding why universal service obligations may be unnecessary: The private development of local Internet access markets,"
Journal of Urban Economics,
Elsevier, vol. 62(1), pages 2-26, July.
- Tom Downes & Shane Greenstein, 2005. "Understanding Why Universal Service Obligations May Be Unnecessary: The Private Development of Local Internet Access Markets," Discussion Papers Series, Department of Economics, Tufts University, Department of Economics, Tufts University 0516, Department of Economics, Tufts University.
- Thomas Downes & Shane Greenstein, 2006. "Understanding Why Universal Service Obligations May Be Unnecessary: The Private Development of Local Internet Access Markets," Discussion Papers Series, Department of Economics, Tufts University, Department of Economics, Tufts University 0615, Department of Economics, Tufts University.
- Greenstein, Shane, 2000.
"Building and Delivering the Virtual World: Commercializing Services for Internet Access,"
Journal of Industrial Economics, Wiley Blackwell,
Wiley Blackwell, vol. 48(4), pages 391-411, December.
- Shane Greenstein, 2000. "Building and Delivering the Virtual World: Commercializing Services for Internet Access," NBER Working Papers 7690, National Bureau of Economic Research, Inc.
- Downes, Tom & Greenstein, Shane, 2002. "Universal access and local internet markets in the US," Research Policy, Elsevier, Elsevier, vol. 31(7), pages 1035-1052, September.
- Shane Greenstein, 2006. "Innovation and the Evolution of Market Structure for Internet Access in the United States," Discussion Papers, Stanford Institute for Economic Policy Research 05-018, Stanford Institute for Economic Policy Research.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Thomas Krichel).
If references are entirely missing, you can add them using this form.