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Summary: information does rule
Review: if you still have not picked up a book on the new economy, this should be your first read. in this book, the authors stress often that although technology changes quite rapidly, economic principles do not and ignoring these can be quite detrimental. information is an experience good but how does one engulf it all? the nobel prize winning economist herber simon sums it quite clearly when he states that " a wealth of information creates a poverty of attention." it is not longer a question of information access but information overload.knowledge of principles such as pricing, versioning, and lock-in discussed in the book will give the e-ntreprenuer the competitive edge.
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Summary: For the dedicated New Economy professional only
Review: It seems everyone with a modicum of business acumen has written (or is writing) a book analyzing the Information Age. Shapiro and Varian write theirs in the context of classic economic principles, not surprising given they are both economists. They pick out the small set of economic theories that easily translate to current business trends. As a result, this book is interesting to two groups of people: former econ majors and New Economy professionals. If you are both, great. (I'm both.) If you are neither, this book may be fairly dry, and not nearly as approachable as lifestyle books like "The New New Thing" or "Nudist on the Late Shift". Just so you know, this book is rapidly becoming a staple on undergrad econ reading lists. If you are really, truly into the Information Economy, you will find their spin on our overanalyzed market segment is worth reading. Otherwise, your eyes will glaze over around chapter 3. Econ students, start making coffee in the middle of chapter 2.
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Summary: Best Book in Information Technology Phenomenon
Review: Readers should have an basic in some Economic. You can see the world be changed by IT.
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Summary: Anyone want some trite?
Review: This book was juvenile and poorly written. It reads more like a newspaper than a serious thesis. If you understand nothing about economics or business, this is the book for you. Shapiro has done better work than this.
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Summary: An Excelent Guide if You Want to do biz e-way
Review: An excellent book although not for the general public . You must be an economist to like it . It gives many useful tips backed up by examples from the old traditional economy on how to strategically set direction for your e-biz. I especially liked the debate about network economics exemplified by Metcalf law on network value. Not all chapters are equally interesting but its definitely a great book my email: ramconsulting@usa.net
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Summary: Single best book on the New Economy
Review: After more than two years consulting and studying in this field I can recommend no single better book to understand the core concepts behind information driven businesses. Mr. V has written a solid, thoughtful distillation that cannot be overlooked if you are going to open your mouth on this subject. It withstands the scrutiny of both hard-core academics and practical business people (at least those who 'get' the underlying principals). The next three good 'New Economy' books don't hold a candle to this one.
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Summary: Simply brilliant
Review: I heard the lecture from Mr. Varian @ University of Washington, and it made me borrow this book from the library. the book is wonderful. It explains almost everything currently happening in Silicon Valley or in the past. As long as I read the book, I see things that very obvious, I see the "rules" of information technology. Finally, I decided to buy the book and I will read over and over again. Strongly recommended!
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Summary: Excellent Book but make sure you read the article as well
Review: I used this book in an undergraduate business school course and all forty-five of us (me and my students) LOVED it. This book is one of those business classics that comes along once every five years. Unlike hyped marketers with ideas but no evidence, this book is grounded in solid research. If you read this one, make sure you also read the authors' article in the November 1998 Harvard Business Review. The book is highly original, fresh, and very very readable. In conclusion, this book is worth *every* penny.
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Summary: A must read before talking about new economy
Review: Extremely interesting book with a lot of excellent examples about information economy along with smart suggestions about key strategic choices in hot topics like managing lock-in, standards, etc. A little bit too USA oriented but a must read nonetheless
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Summary: Excellent reading for understanding IT
Review: I would hereby like to thank my teacher at Tilburg University (Netherlands) for choosing this book for our economics course. I'm studying a management information science study and this book is so readable and understandable! I know my share about computers and software but this gave me a more structured look. It's also a good reference guide for business-men involved with any kind of IT. Great tips!
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