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Book: Digital Cultures Create Intangible Assets for New Economy Businesses

WASHINGTON, October 20, 2009 – The Information Technology and Innovation Foundation released their newest book, “Wired for Innovation: How information technology is reshaping the economy,” by Erik Brynjolfsson and Adam Sanders. With innovation a key ingredient in the information technology revolution, the book explores topics such as, what are the business practices that enhance productivity and organizational capital?

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WASHINGTON, October 20, 2009 – The Information Technology and Innovation Foundation released their newest book, “Wired for Innovation: How information technology is reshaping the economy,” by Erik Brynjolfsson and Adam Sanders. With innovation a key ingredient in the information technology revolution, the book explores topics such as, what are the business practices that enhance productivity and organizational capital?

Of the practices that businesses could adopt, according to Brynjolfsson, having any form of technology that creates intangible benefits would be the best investment that a company could make in this day of age.

One example Brynjolfsson provides regards what Michael Dell, owner of Dell Computers, did with a Dell factory. Brynjolfsson visited this factory and looked around the floor. He noticed that around 40 percent of the floor was not in use.

Thinking that it was because Dell couldn’t afford using that space, Brynjolfsson mentioned his observation to Michael Dell. He discovered the open space wasn’t due to lack of affordability, but rather because they were using a new form of technology that was cutting their space requirements. They didn’t need the space. Dell contacted Brynjolfsson six months later and said that they had doubled production since the last time he was there. The previously empty space was now being used.

“He was able to build a second factory inside the first,” Brynjolfsson said. “This intangible factor [of technology advances] became an intangible asset.”

In the 152-page book, Sanders and Brynjolfsson are able to pin point the affects that come from such intangible benefits. One of the major affects demonstrated results from companies investing more information technology and “Digital Organization”-style culture. Such a distinct corporate culture and organizational practices create disproportionately higher productivity in companies with heavy use of computers and information, they said.

From there, everything else follows.

However, it is not a chain reaction. The practices of digital organization not only build off of each strategic element, but they must all fit together. They are all “part of a system. They need to fit together like gears on a wheel.”

According to Brynjolfsson, in order for companies to have a better chance of increasing productivity, investments in information technology must provide new intangible benefits, and not merely replace their antecedent analog system.

About BroadbandCensus.com

BroadbandCensus.com was launched in January 2008, and uses “crowdsourcing” to collect the Broadband SPARC: Speeds, Prices, Availability, Reliability and Competition. The news on BroadbandCensus.com is produced by Broadband Census News LLC, a subsidiary of Broadband Census LLC that was created in July 2009.

A recent split of operations helps to clarify the mission of BroadbandCensus.com. Broadband Census Data LLC offers commercial broadband verification services to cities, states, carriers and broadband users. Created in July 2009, Broadband Census Data LLC produced a joint application in the NTIA’s Broadband Technology Opportunities Program with Virginia Tech’s eCorridors Program. In August 2009, BroadbandCensus.com released a beta map of Columbia, South Carolina, in partnership with Benedict-Allen Community Development Corporation.

Broadband Census News LLC offers daily and weekly reporting, as well as the Broadband Breakfast Club. The Broadband Breakfast Club has been inviting top experts and policy-makers to share breakfast and perspectives on broadband technology and internet policy since October 2008. Both Broadband Census News LLC and Broadband Census Data LLC are subsidiaries of Broadband Census LLC, and are organized in the Commonwealth of Virginia. About BroadbandCensus.com.

An intern at the National Journalism Center and a student at American University’s Washington Semester Program, Christina is a Reporter-Researcher for BroadbandBreakfast.com. She is a student at Concordia College in Moorhead, Minnesota.

Education

Libraries Can Be a Resource for Algorithm Governance and Data Technology 

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Photo of Don Means of the Gigabit Library Network

WASHINGTON, October 20, 2009 – The Information Technology and Innovation Foundation released their newest book, “Wired for Innovation: How information technology is reshaping the economy,” by Erik Brynjolfsson and Adam Sanders. With innovation a key ingredient in the information technology revolution, the book explores topics such as, what are the business practices that enhance productivity and organizational capital?

Of the practices that businesses could adopt, according to Brynjolfsson, having any form of technology that creates intangible benefits would be the best investment that a company could make in this day of age.

One example Brynjolfsson provides regards what Michael Dell, owner of Dell Computers, did with a Dell factory. Brynjolfsson visited this factory and looked around the floor. He noticed that around 40 percent of the floor was not in use.

Thinking that it was because Dell couldn’t afford using that space, Brynjolfsson mentioned his observation to Michael Dell. He discovered the open space wasn’t due to lack of affordability, but rather because they were using a new form of technology that was cutting their space requirements. They didn’t need the space. Dell contacted Brynjolfsson six months later and said that they had doubled production since the last time he was there. The previously empty space was now being used.

“He was able to build a second factory inside the first,” Brynjolfsson said. “This intangible factor [of technology advances] became an intangible asset.”

In the 152-page book, Sanders and Brynjolfsson are able to pin point the affects that come from such intangible benefits. One of the major affects demonstrated results from companies investing more information technology and “Digital Organization”-style culture. Such a distinct corporate culture and organizational practices create disproportionately higher productivity in companies with heavy use of computers and information, they said.

From there, everything else follows.

However, it is not a chain reaction. The practices of digital organization not only build off of each strategic element, but they must all fit together. They are all “part of a system. They need to fit together like gears on a wheel.”

According to Brynjolfsson, in order for companies to have a better chance of increasing productivity, investments in information technology must provide new intangible benefits, and not merely replace their antecedent analog system.

About BroadbandCensus.com

BroadbandCensus.com was launched in January 2008, and uses “crowdsourcing” to collect the Broadband SPARC: Speeds, Prices, Availability, Reliability and Competition. The news on BroadbandCensus.com is produced by Broadband Census News LLC, a subsidiary of Broadband Census LLC that was created in July 2009.

A recent split of operations helps to clarify the mission of BroadbandCensus.com. Broadband Census Data LLC offers commercial broadband verification services to cities, states, carriers and broadband users. Created in July 2009, Broadband Census Data LLC produced a joint application in the NTIA’s Broadband Technology Opportunities Program with Virginia Tech’s eCorridors Program. In August 2009, BroadbandCensus.com released a beta map of Columbia, South Carolina, in partnership with Benedict-Allen Community Development Corporation.

Broadband Census News LLC offers daily and weekly reporting, as well as the Broadband Breakfast Club. The Broadband Breakfast Club has been inviting top experts and policy-makers to share breakfast and perspectives on broadband technology and internet policy since October 2008. Both Broadband Census News LLC and Broadband Census Data LLC are subsidiaries of Broadband Census LLC, and are organized in the Commonwealth of Virginia. About BroadbandCensus.com.

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Digital Inclusion

Report Highlights Importance Of Satellite Technologies, Secure Data and Communications

The report on new technologies and data lays out importance of data security and satellite communications.

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Rep. Suzan DelBene of Washington

WASHINGTON, October 20, 2009 – The Information Technology and Innovation Foundation released their newest book, “Wired for Innovation: How information technology is reshaping the economy,” by Erik Brynjolfsson and Adam Sanders. With innovation a key ingredient in the information technology revolution, the book explores topics such as, what are the business practices that enhance productivity and organizational capital?

Of the practices that businesses could adopt, according to Brynjolfsson, having any form of technology that creates intangible benefits would be the best investment that a company could make in this day of age.

One example Brynjolfsson provides regards what Michael Dell, owner of Dell Computers, did with a Dell factory. Brynjolfsson visited this factory and looked around the floor. He noticed that around 40 percent of the floor was not in use.

Thinking that it was because Dell couldn’t afford using that space, Brynjolfsson mentioned his observation to Michael Dell. He discovered the open space wasn’t due to lack of affordability, but rather because they were using a new form of technology that was cutting their space requirements. They didn’t need the space. Dell contacted Brynjolfsson six months later and said that they had doubled production since the last time he was there. The previously empty space was now being used.

“He was able to build a second factory inside the first,” Brynjolfsson said. “This intangible factor [of technology advances] became an intangible asset.”

In the 152-page book, Sanders and Brynjolfsson are able to pin point the affects that come from such intangible benefits. One of the major affects demonstrated results from companies investing more information technology and “Digital Organization”-style culture. Such a distinct corporate culture and organizational practices create disproportionately higher productivity in companies with heavy use of computers and information, they said.

From there, everything else follows.

However, it is not a chain reaction. The practices of digital organization not only build off of each strategic element, but they must all fit together. They are all “part of a system. They need to fit together like gears on a wheel.”

According to Brynjolfsson, in order for companies to have a better chance of increasing productivity, investments in information technology must provide new intangible benefits, and not merely replace their antecedent analog system.

About BroadbandCensus.com

BroadbandCensus.com was launched in January 2008, and uses “crowdsourcing” to collect the Broadband SPARC: Speeds, Prices, Availability, Reliability and Competition. The news on BroadbandCensus.com is produced by Broadband Census News LLC, a subsidiary of Broadband Census LLC that was created in July 2009.

A recent split of operations helps to clarify the mission of BroadbandCensus.com. Broadband Census Data LLC offers commercial broadband verification services to cities, states, carriers and broadband users. Created in July 2009, Broadband Census Data LLC produced a joint application in the NTIA’s Broadband Technology Opportunities Program with Virginia Tech’s eCorridors Program. In August 2009, BroadbandCensus.com released a beta map of Columbia, South Carolina, in partnership with Benedict-Allen Community Development Corporation.

Broadband Census News LLC offers daily and weekly reporting, as well as the Broadband Breakfast Club. The Broadband Breakfast Club has been inviting top experts and policy-makers to share breakfast and perspectives on broadband technology and internet policy since October 2008. Both Broadband Census News LLC and Broadband Census Data LLC are subsidiaries of Broadband Census LLC, and are organized in the Commonwealth of Virginia. About BroadbandCensus.com.

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Education

FCC’s Emergency Connectivity Funds Ineligible for School and Library Self-Provisioned Networks

The FCC’s May 10 order said schools and libraries could not use connectivity funds to build self-provisioned networks.

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Photo of John Windhausen, Executive Director of Schools, Health and Libraries Broadband Coalition

WASHINGTON, October 20, 2009 – The Information Technology and Innovation Foundation released their newest book, “Wired for Innovation: How information technology is reshaping the economy,” by Erik Brynjolfsson and Adam Sanders. With innovation a key ingredient in the information technology revolution, the book explores topics such as, what are the business practices that enhance productivity and organizational capital?

Of the practices that businesses could adopt, according to Brynjolfsson, having any form of technology that creates intangible benefits would be the best investment that a company could make in this day of age.

One example Brynjolfsson provides regards what Michael Dell, owner of Dell Computers, did with a Dell factory. Brynjolfsson visited this factory and looked around the floor. He noticed that around 40 percent of the floor was not in use.

Thinking that it was because Dell couldn’t afford using that space, Brynjolfsson mentioned his observation to Michael Dell. He discovered the open space wasn’t due to lack of affordability, but rather because they were using a new form of technology that was cutting their space requirements. They didn’t need the space. Dell contacted Brynjolfsson six months later and said that they had doubled production since the last time he was there. The previously empty space was now being used.

“He was able to build a second factory inside the first,” Brynjolfsson said. “This intangible factor [of technology advances] became an intangible asset.”

In the 152-page book, Sanders and Brynjolfsson are able to pin point the affects that come from such intangible benefits. One of the major affects demonstrated results from companies investing more information technology and “Digital Organization”-style culture. Such a distinct corporate culture and organizational practices create disproportionately higher productivity in companies with heavy use of computers and information, they said.

From there, everything else follows.

However, it is not a chain reaction. The practices of digital organization not only build off of each strategic element, but they must all fit together. They are all “part of a system. They need to fit together like gears on a wheel.”

According to Brynjolfsson, in order for companies to have a better chance of increasing productivity, investments in information technology must provide new intangible benefits, and not merely replace their antecedent analog system.

About BroadbandCensus.com

BroadbandCensus.com was launched in January 2008, and uses “crowdsourcing” to collect the Broadband SPARC: Speeds, Prices, Availability, Reliability and Competition. The news on BroadbandCensus.com is produced by Broadband Census News LLC, a subsidiary of Broadband Census LLC that was created in July 2009.

A recent split of operations helps to clarify the mission of BroadbandCensus.com. Broadband Census Data LLC offers commercial broadband verification services to cities, states, carriers and broadband users. Created in July 2009, Broadband Census Data LLC produced a joint application in the NTIA’s Broadband Technology Opportunities Program with Virginia Tech’s eCorridors Program. In August 2009, BroadbandCensus.com released a beta map of Columbia, South Carolina, in partnership with Benedict-Allen Community Development Corporation.

Broadband Census News LLC offers daily and weekly reporting, as well as the Broadband Breakfast Club. The Broadband Breakfast Club has been inviting top experts and policy-makers to share breakfast and perspectives on broadband technology and internet policy since October 2008. Both Broadband Census News LLC and Broadband Census Data LLC are subsidiaries of Broadband Census LLC, and are organized in the Commonwealth of Virginia. About BroadbandCensus.com.

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