# Talk at Waseda University - Information Economy - Author: Joichi Ito - Date: 1999-01-19T00:00:00Z Talk at Waseda University January 19, 1999 by Joichi Ito Low Cost of Global Connectivity Characteristic Models Examples Borderless, Distributed Network "Out of Control" and no more sovereignty of nations IETF, Offshore Data/Tax Havens, TLD problems, Global Finance, Global Markets Too Much Information Attention Economy Portals, Internet Traffic Model Low Cost of Collaboration Non-Capitalist Asset Development, Online Communities OSS/Linux High Context Information/Media Products -> Services Copyright, Cygnus , Agent Disintermediation, News Feeds Convergence of Telecom Services Large Scale Open Networks, End of Single Purpose Networks End of Telephone Companies (IP Telephony), End of DBS/TV   Evolution of Value and Exchange The Market   The Firm   Community Physical Assets Intangible Assets Social Assets Metal, Food, Books   Process, Management, Risk, Copyright, Patents   Trust, Brand, Creativity, Open Source Software   Japan and the US Reason for American Dominance in Information Businesses and Branding Risk Valuation and Risk Taking General Trust (Yamagishi) Government Funding for Academic Aesthetics (Open Source Community) Scale Probable Future Dominance in Japanese IT Industry by US Japanese Companies to Service Foreign Interests Leverage Cultural Assets to Add Value Educate Next Generation Risks High Costs and Closed Markets Make Japan Undesirable Japanese Companies Compete in IT Markets and Fail Cultural Assets Lost and Collapse of Common Knowledge Assets Spent on Bad Risks Bibliography Coase, Ronald H. The Firm, The Market, and The Law The University of Chicago Press, Chicago and London, 1988 Arrow, K. J. The Limits of Organization Norton, 1974 Barnard, Chester I. The Functions Of The Executive Harvard University Press, 1938 Chandler Jr., Alfred D. The Visible Hand : The Managerial Revolution in American Business The Belknap Press of Harvard University Press, 1996 Goldhaber, Michael H. The Attention Economy and the Net First Monday Granovetter, Mark The Strength of Weak Ties - A Network Theory Revisited Marsden, P.V., and Nan Lin, Social Structure and Network Analysis, Sage, 1982 Hall, Edward T. Beyond Culture Anchor, 1977 Simon, Herbert A. The Sciences of the Artificial, Third Edition The MIT Press, 1969,1981 Aigrain, Phillipe Attention, Media, Value and Economics First Monday Blau, Peter M. Exchange and Power in Social Life John Wiley & Sons, Inc., 1964 Fukuyama, Francis Trust: The Social Virtues and the Creation of Prosperity   Ghosh, Rishab Aiyer Economics is dead. Long live economics! A Commentary on Michael Goldhaber's The Attention Economy First Monday Mauss, M. The Gift: The Form and Reason for Exchange in Archaic Societies W. W. Norton McLuhan, Marshall The Gutenberg Galaxy : The Making of Typographic Man University of Toronto Press, 1962 Raymond, Eric S. The Cathedral and the Bazaar First Monday Raymond, Eric S. Homesteading the Noosphere First Monday Smith, Adam The Wealth of Nations The Modern Library Yamagishi, Toshio and Yamagishi, Midori Trust and Commitment in the United States and Japan Motivation and Emotion Vol. 18, No. 2, 1994 --- #### Categories Economics