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Manufacturing is still critical to the economy United States. Clyde Prestowitz, says it's time to start realizing the positive spillovers that manufacturing creates... Read more  

Events & Activities

Stephen Olson at Chinese Development Institute Conference

 

 Clyde Prestowitz giving presentation to CDI...

 

Steve Olson teaching trade negotiations at the Mekong Institute...

 

Stephen Olson to speak at upcoming workshop organized by the International Institute for Trade and Development on 

"Economics of GMS Agricultural trade in goods and services towards the world market"

Chiangmai, Thailand Sep 8-12.

The "New IP" and the Internet of Things

THe Economic of How Software is Eating the World

Open Networking Summit 2017

April 3-6, 2017 - Santa Clara Convention Center

Robert B. Cohen, Ph.D
Senior Fellow, Economic Strategy Institute

Click here to download the full presentation

This presentation makes five points:

1. Software innovations have become central to business operations. obtaining high performance software, such as Open Source Software, is nearly zero if a firm uses an online exchange such as GitHub and has access to a permissive license. This speeds up software development and reduces its cost because firms can often avoid paying licensing costs.

2. Software innovations are employed in such a wide range of industries that software should be a General-Purpose Technology.

3. Software behaves unlike other products. It is part of a continuing development process with developers adding code as needed. This ongoing process can be seen in new Internet-related software, such as Linux, Open Source, and Docker/containers.

4. The time it takes to complete software innovations is dropping sharply. 

5. Businesses take swift advantage of software innovations

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