Commercialization of the Internet: The Interaction of Public Policy and Private Choices

Shane Greenstein

IPR working papers from Institute for Policy Resarch at Northwestern University

Abstract: Why did commercialization of the Internet develop so well? This paper examines events in the Internet access market as a window on this broad question. The study emphasizes four themes. First, commercializing Internet access did not give rise to many of the anticipated technical and operational challenges. Entrepreneurs quickly learned that the Internet access business was commercially feasible. Second, Internet access was malleable as a technology and as an economic unit. Third, privatization fostered attempts to adapt the technology in new uses, new locations, new market settings, new applications, and in conjunction with other lines of business. These went beyond what anyone would have forecast by examining the uses for the technology prior to 1992. Fourth, and not trivially, the National Science Foundation was lucky in one specific sense. The Internet access industry commercialized at a propitious moment, at the same time as the growth of an enormous new technological opportunity, the World Wide Web. As it turned out, the Web thrived under market-oriented, decentralized, and independent decision making. The paper draws lessons for policies governing the commercialization of other government-managed technologies and for the Internet access market's moving forward.

References: Add references at CitEc
Citations: View citations in EconPapers (6)

There are no downloads for this item, see the EconPapers FAQ for hints about obtaining it.

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:wop:nwuipr:00-11

Access Statistics for this paper

More papers in IPR working papers from Institute for Policy Resarch at Northwestern University Contact information at EDIRC.
Bibliographic data for series maintained by Thomas Krichel (krichel@openlib.org).