Economic aspects of digital information technologies

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The rapid development of information and communication technologies has significantly impacted the global economy over the last decade, particularly with the swift growth of the Internet. This evolution has introduced new economic challenges, such as global Electronic Commerce, telework, and distance learning. Organizations can now operate as flexible, electronically connected networks. However, the uncontrolled expansion of the Internet has created a pressing need for new regulations, often referred to as Cyberlaw. Additionally, individual proficiency in information technologies is becoming crucial for professional success. This book explores various aspects and economic impacts of digital information technologies, offering a primer on Internet economics that outlines its structure and related issues. Key topics include the taxation of global Electronic Commerce, Cyberlaw, hypermedia learning, and network-based distance education. The text also examines the broader effects of information technologies on innovation dynamics, labor demand, and human capital depreciation. Insights from a recent survey on European telework highlight the rapid organizational changes driven by digitalization. Furthermore, it addresses the necessity for swift dissemination of new economic knowledge and the semantic integration of online information.