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Disintermediation: the Rise of the Personal Computer and the Internet in the Late Twentieth Century

Richard Langlois

No 2021-12, Working papers from University of Connecticut, Department of Economics

Abstract: This paper is an excerpt from a larger book project called The Corporation and the Twentieth Century, which chronicles and interprets the institutional and economic history – the life and times, if you will – of American business in the twentieth century. This excerpt details the history of the personal computer industry and the Internet. It highlights the process of entrepreneurship and decentralized learning in these industries, and it considers the role of industrial and trade polices (in both the U. S. and Japan) in semiconductors and the development of the Internet. The excerpt ends with a consideration of U. S. v. Microsoft at the close of the century.

Keywords: Innovation; technological change; entrepreneurship; industrial policy; antitrust (search for similar items in EconPapers)
JEL-codes: D23 F14 K21 L26 L4 L52 L63 N62 N82 O3 P P12 P16 (search for similar items in EconPapers)
Pages: 70 pages
Date: 2021-07
New Economics Papers: this item is included in nep-ent, nep-his, nep-ict and nep-law
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