Digital Economy: Impacts, Influences and Challenges

Digital Economy: Impacts, Influences and Challenges

Harbhajan Kehal, Varinder Singh

Copyright: © 2005 |Pages: 424

ISBN13: 9781591403630|ISBN10: 1591403634|EISBN13: 9781591403654

DOI: 10.4018/978-1-59140-363-0

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Kehal, Harbhajan, and Varinder Singh, editors. Digital Economy: Impacts, Influences and Challenges. IGI Global, 2005. https://doi.org/10.4018/978-1-59140-363-0

APA

Kehal, H. & Singh, V. (Eds.). (2005). Digital Economy: Impacts, Influences and Challenges. IGI Global. https://doi.org/10.4018/978-1-59140-363-0

Chicago

Kehal, Harbhajan, and Varinder Singh, eds. Digital Economy: Impacts, Influences and Challenges. Hershey, PA: IGI Global, 2005. https://doi.org/10.4018/978-1-59140-363-0

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Digital Economy: Impacts, Influences and Challenges provides information about the socioeconomic aspects of the Digital Economy. This set of 18 essays covers the effects of Digital Economy on business transactions, technology and culture, as well as on education. It also covers various aspects of global production, trade, and investment and the effects of Internet. The chapters review best practices from concept to development, through implementation and evaluation. This book is one of the few books that looks at the digital economy from a socio economic angle, offering perspectives from scholars and practitioners of digital economics around the world.

Table of Contents

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Front Materials

Title Page

Copyright Page

Dedication

Preface

Acknowledgments

Chapters

Chapter 1

Socio-Economic Impacts and Influences of E-Commerce in a Digital Economy (pages 1-20)

Sushil K. Sharma

Innovations in information and communications technologies have created a digital revolution that is changing the way the world works, learns, communicates and transacts business. E-commerce continues to show strong growth and has...

Chapter 2

Re-Intermediation and Deferment through E-Commerce: Neo-Austrian Interpretation of Capital and Time (pages 21-38)

Parthasarathi Banerjee

Contrary to the common belief that e-commerce disintermediates—or even while reintermediation takes place the economic circuit fails to get lengthened—this chapter argues following the Austrian perspective, that through e-commerce...

Chapter 3

Risk and Investment in the Global Telecommunications Industry (pages 39-61)

Irene Henriques, Perry Sadorsky

In this chapter, quantitative modeling and simulation techniques are used to estimate various risk measures and the associated cost of equity for the global telecommunications industry. Our approach is to calculate several different...

Chapter 4

Reduction of Transaction Costs by Using Electronic Commerce in Financial Services: An Institutional Empirical Approach (pages 62-83)

Thomas Pfahler, Kai M. Grebe

This chapter introduces the Transaction Cost Approach as a means of analyzing specific transactions in financial services by using the theoretical framework of New Institutional Economics. It argues that transaction costs can be...

Chapter 5

The Spreading Use of Digital Cash and Its Problems (pages 84-97)

Yutaka Kurihara

It has been several years since the words “digital cash” and other related terms were introduced. Although e-commerce has been growing, digital cash has not been a focus of much attention. Digital cash has some problems associated...

Chapter 6

Electronic Signature: The Core Legislation Category in Digital Economy (pages 98-135)

Fjodor Ruzic

E-Business, as well as all of the active participants in the digital economy environment, raises a host of new legal issues that must cope with the fact that the technical expectations imposed by participation in digital economy will...

Chapter 7

Impacts of the Digital Economy: The Shift to Consumer-Driven Competition and Life-Span Products (pages 136-153)

Simon Mowatt

This chapter examines changes in innovation and competition made possible in two traditional industries by the adoption of integrated information and communication technologies. Using empirical interview-based research the chapter...

Chapter 8

Digital Products on the Web: Pricing Issues and Revenue Models (pages 154-174)

Gary P. Schneider

Products that exist in digital form can be bought, sold, and, in some cases, delivered, online. The pricing issues that arise in the sale of these products are different from those that sellers face when pricing physical goods and...

Chapter 9

On Software Piracy (pages 175-199)

Sougata Poddar

The pervasiveness of the illegal copying of software is indeed a worldwide phenomenon. Economists argue that when the piracy takes place at the end-users’ level, the original software developer finds it profitable to allow limited...

Chapter 10

An E-Classification of the World's Capital Cities: URL References to Web Sites (pages 200-216)

Stanley D. Brunn

The world’s capital cities perform various political functions for their populations, contain embassies, consulates, and missions of other governments, and serve as headquarters for major corporations, cultural, and humanitarian...

Chapter 11

Online Services and Regional Web Portals: Exploring the Social and Economic Impacts (pages 217-235)

Helen Thompson

This chapter examines community empowerment, economic and business development, and equity of service as the issue of success and decline in regional and rural communities is explored with a particular focus on community informatics...

Chapter 12

ICT Growth and Diffusion: Concepts, Impacts and Policy Issues in the Indian Experience with Reference to the International Digital Divide (pages 236-251)

Saundarjya Borbora

This chapter examines the role of technology in economic and social development in developing countries, with a particular emphasis on India as an example. The concepts of ICT growth and ICT diffusion are examined. From this the...

Chapter 13

Digital Technologies and the Cross-Border Expansion of South African Banks (pages 252-272)

Joanne Roberts, Chipo Mukonoweshuro

This chapter explores the role of Information and Communication Technologies (ICTs) in the international development of South African banks. It is argued that South African banks derive important advantages from the use of ICTs in...

Chapter 14

Technology and culture: E-Commerce in China (pages 273-285)

Alev M. Efendioglu, Vincent F. Yip

The number of Internet users around the world has been steadily growing and this growth has provided the impetus and the opportunities for global and regional e-commerce. However, as with the Internet, different characteristics...

Chapter 15

Internet Economy of the Online Game Business in South Korea: The Case of NCsoft's Lineage (pages 286-312)

Kyonghwan Park

This chapter attempts to lay the groundwork for in-depth discussions on the economic, social and cultural dimensions of the online game business as one of the most successful forms of the contemporary digital contents industry using...

Chapter 16

Opportunities and Challenges of the New Economy for East Asia (pages 313-343)

Donghyun Park

The IT revolution has sharply reduced the cost of information and increased its availability. This revolution is also said to be creating a New Economy in which the old rules of economics no longer apply. The first part of my paper...

Chapter 17

Digital Engineering Campus: Economics, Acceptance, and Impact (pages 344-358)

Milind J. Mahajan, Sunil S. Umrani, Narendra S. Chaudhari

In this chapter, we introduce two existing web-based, e-learning approaches, and examine economic and social aspects of their usage in society. Specifically, we briefly introduce an e-learning initiative in Singapore. Secondly, we...

Chapter 18

Corporate Strategies in a Digital World: Supply Chain Management and Customer Relationship Management- Development and Integration-Focus (pages 359-380)

Purva Kansal, Keshni A. Arora

These days, the majority of management literature stresses the concept of “learning organizations”, i.e., an organization’s capacity to change. However, it is not easy for people to accept this fundamental aspect especially when it...

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