The Economics of Digitization: An Agenda for NSF

9 Pages Posted: 12 Aug 2011  

Shane M. Greenstein

Harvard University - Technology & Operations Management Unit; National Bureau of Economic Research (NBER)

Josh Lerner

Harvard Business School - Finance Unit; Harvard University - Entrepreneurial Management Unit; National Bureau of Economic Research (NBER)

Scott Stern

Massachusetts Institute of Technology (MIT) - Sloan School of Management; National Bureau of Economic Research (NBER)

Date Written: 2010

Abstract

This agenda evaluates the consequences of digitization, as well as the impact of alternative policies governing the creation and use of digital information. This agenda focuses especially on the development of a research community to investigate the economics of digitization, to analyze the governance of intellectual property in this sector, particularly through copyright, and to pioneer approaches to measuring the economic activity related to digitization. We ask the NSF to establish a theoretically grounded empirical research tradition on the economic consequences of digitization, with emphasis on governance issues, such as those around the redesign of copyright; Encourage high-quality high-impact research that significantly reshapes academic and policy evaluation of the consequences of digitization, with an emphasis on issues grounded in measurement; Establish a research community with a recognizable identity and regularized interactions in order to establish consistent research norms, and facilitate cumulative research across this community, and enhance its impact on related fields and policy; Establish a data infrastructure for cumulative, transparent, and high-quality research and the ability to translate that research for policy evaluation.

Suggested Citation

Greenstein, Shane M. and Lerner, Josh and Stern, Scott, The Economics of Digitization: An Agenda for NSF (2010). American Economic Association, Ten Years and Beyond: Economists Answer NSF's Call for Long-Term Research Agendas. Available at SSRN: https://ssrn.com/abstract=1889153 or http://dx.doi.org/10.2139/ssrn.1889153

Shane M. Greenstein (Contact Author)

Harvard University - Technology & Operations Management Unit ( email )

Boston, MA 02163
United States

National Bureau of Economic Research (NBER)

1050 Massachusetts Avenue
Cambridge, MA 02138
United States

Josh Lerner

Harvard Business School - Finance Unit ( email )

Boston, MA 02163
United States
617-495-6065 (Phone)
617-496-7357 (Fax)

HOME PAGE: http://www.people.hbs.edu/jlerner/

Harvard University - Entrepreneurial Management Unit

Cambridge, MA 02163
United States

National Bureau of Economic Research (NBER)

1050 Massachusetts Avenue
Cambridge, MA 02138
United States

Scott Stern

Massachusetts Institute of Technology (MIT) - Sloan School of Management ( email )

Cambridge, MA 02142
United States
617-253-3053 (Phone)
617-253-2660 (Fax)

National Bureau of Economic Research (NBER)

1050 Massachusetts Avenue
Cambridge, MA 02138
United States

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