Preface | p. xi |
Executive Summary | p. xv |
Acknowledgments | p. xxix |
Accelerating Globalization: Why Focus on Information Technology? | p. 1 |
Globalization in a Petri Dish | p. 2 |
Defining Information Technology | p. 3 |
Economic Characteristics of IT | p. 5 |
Linkages Between US Firms and Global Markets for IT Products | p. 11 |
An Expanding Global Marketplace | p. 12 |
Integrating US Firms into the Global Marketplace | p. 27 |
Foreign-Owned IT and Communications Firms in the US Marketplace | p. 38 |
The Rise of the Global IT and Communications Company | p. 52 |
The Shifting Global Market for Semiconductors | p. 56 |
How to Classify and Rank the Top Technology Companies | p. 58 |
Globalization and IT Prices, Diffusion, and Productivity | p. 61 |
Globalization of IT and Implications for Prices | p. 62 |
Macroeconomic Overview of IT Investment in the US Economy | p. 70 |
IT Diffusion and US Productivity Growth | p. 74 |
The US Experience Compared with Other Countries | p. 89 |
Information Technology, Outsourcing, and the New International Trade in Services | p. 97 |
US Cross-Border Trade in IT Products | p. 98 |
IT and International Trade in Business and Professional Services | p. 105 |
Prospects for Further Trade in Services | p. 116 |
Challenges of International Trade Data for IT Products | p. 122 |
Information Technology and Labor Markets | p. 125 |
IT and the US Labor Market | p. 126 |
Globalization of Business Services and White-Collar Jobs | p. 135 |
International Trade in Skilled Labor: Cross-Border Movement of IT Professionals | p. 142 |
Globalization of Innovation | p. 159 |
R&D, Innovation, and Growth | p. 160 |
Information Technology R&D: Who, How Much, and Where? | p. 162 |
Human Capital and Innovation | p. 178 |
Globalization of Venture Finance | p. 185 |
A Look Forward with a Policy Agenda | p. 191 |
A Proactive Policy Agenda | p. 194 |
A Plea for Data | p. 199 |
Final Word | p. 199 |
Methodology and Definitions | p. 201 |
References | p. 213 |
Index | p. 223 |
Tables | |
Large and growing markets for IT | p. 14 |
Country ranking and concentration of global IT exports and imports, 1990, 2000, and 2004 | p. 20 |
Country ranking and concentration of global communications exports and imports, 1990, 2000, and 2004 | p. 22 |
Sales by US IT hardware majority-owned foreign affiliates, by destination and industry of parent, selected years | p. 32 |
IT and communications sector cross-border mergers and acquisitions, by country, 1995-2003 | p. 43 |
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