THE EXPERIMENT, Part I: NEW ZEALAND AS THE WORLD MODEL FOR DIGITAL MONETARISM
Starting “Down Under” One of the first “guinea pigs” for the new system of digital monetarism was New Zealand. A one time a leader in the development of the “welfare state,” the small two-island nation-state in the deep Pacific Ocean had run into economic problems by the early 1980s. It had borrowed heavily during the […]
Auctioning Radio Spectrum for Mobile Services and Public Safety
The breakup of AT&T in the 1980s created new opportunities for new companies to emerge and offer new services, including wireless or mobile telecommunications. Wireless systems lacked the spectrum or infrastructure for broadband and telcos were restricted by their “common carrier” status from carrying content at the time. Government policy needed to address the issue […]
CISCO SYSTEMS: FROM CAMPUS TO THE WORLD’S MOST VALUABLE COMPANY, PART THREE: PUSHING TCP/IP
Len Bosack and Sandy Lerner combined several technologies being developed at Stanford University and the Silicon Valley area to form the networking behemoth, Cisco Systems. However, success was by no means foreseen in the early years. The key was when the pair obtained access to Bill Yeager’s source code for the multiple-protocol “Blue Box” router […]
Broadband Policy and the Fall of the US Internet Service Providers
Much of the success of the Internet can be attributed to the emergence of a unique organizational form, the Internet Service Provider or “ISP,” which became the dominant provider of the broadband and web services. These organizations resulted from a unique set of regulatory directives that pushed the Internet’s development and created a competitive environment […]
CISCO SYSTEMS: FROM CAMPUS TO THE WORLD’S MOST VALUABLE COMPANY, PART TWO: Starting Up the Tech
Len Bosack and Sandy Lerner left Stanford University in December 1984 to launch Cisco Systems, a California-based company known for innovative networking devices. Data communications, and particularly, packet-switching, the key technology of the Internet, was in its infancy. Leading computer companies like IBM were slow to make the major innovations needed for its success. So […]
CONTENDING “INFORMATION SUPERHIGHWAYS”
During the 1980s, before the reality of the Internet, a new communications infrastructure was initiated based on digital technologies. Propelled largely by growing demand for new microprocessor-based business services and fuelled by the availability of low-grade “junk bonds,” companies like MCI, Tele-Communications Inc. (TCI), Turner Broadcasting, and McCaw Cellular raised over $20 billion dollars to […]
Xanadu to World Wide Web
Tim Berners-Lee, a British citizen and a software consultant at CERN, or Centre European pour la Recherche Nucleaire developed what came to be known as the World Wide Web (WWW). Located in Switzerland, CERN was Europe’s largest nuclear research institute, although the name was changed to European Laboratory for Particle Physics to avoid the stigma […]
Cisco Systems: From Campus to the World’s Most Valuable Company, Part One: Stanford University
Cisco Systems emerged from employees and students at Stanford University in the early 1980s to become the major supplier of the Internet’s enigmatic plumbing. In the process, it’s stock value increased dramatically and it became the largest company in the world by market capitalization. Cisco originally produced homemade multi-platform routers to connect campus computers through […]
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About Me
Professor and Associate Chair at State University of New York (SUNY) Korea. Recently taught at Hannam University in Daejeon, South Korea. Moved to Austin, Texas in August 2012 to join the Digital Media Management program at St. Edwards University. Spent the previous decade on the faculty at New York University teaching and researching information systems, media economics, and strategic communications.
You can reach me at:
anthony.pennings@gmail.com
anthony.pennings@sunykorea.ac.kr
About me
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