Determining Competitive Advantages for Digital Firms, Part 2
In a previous post on competitive advantages, I discussed some structural characteristics for digital media firms. Using the framework laid out in Curse of the Mogul: What’s Wrong with the World’s Leading Media Companies as a point of departure, I was able to extend their analysis of traditional media companies to the more dynamic realm […]
Origins of the “Information Economy”
The economic understanding of knowledge’s contribution to the economy accelerated in the 1970s and terms such as “information society” and the “information economy” began to achieve high rates of circulation by the next decade. When I was at the East-West Center in Honolulu as a graduate student during the 1980s, I was part of a […]
Why Digital Media Firms Need to be Fed Watchers
Over the course of about 10 years of teaching economics and digital media at New York University (NYU), I developed a simulation of the Federal Reserve Bank that has proved useful in engaging participants in the study of economics, monetary policy, and how the US economy works. I developed it initially to make my macroeconomics […]
Arthur C. Clarke’s Three Laws of Innovation
During World War II, Arther C. Clarke was an electronics engineer in a top-secret radar installation outside London. It was a scary time when German V-1 and V-2 rockets were reigning terror on England. The experience did give him some time to experiment with radio waves and think about the future of technological innovation. This, […]
Media Content as a “Public Good”
Share Tweet Media products are sometimes referred to as “public goods” because these products are not significantly “used up” in the process of consumption, and each additional user incurs little additional (marginal) cost. Unlike traditional products like a hamburger that is bit into, chewed, swallowed, and digested, media content is generally not destroyed while being […]
The Dual Product Media Model
Digitalization has had a dramatic impact on media industries, causing them to reevaluate their business models and also creating the conditions for new types of media companies to emerge. Media content has always had unique economic properties, and the challenge now is to figure out how the dynamics of digitalization and the Internet will change […]
Towards a Bachelor of Science in Global E-commerce
The “Bachelor of Science in Global E-commerce” is designed for those dynamic individuals who recognize that the complex interplay between business acumen, technological expertise, and global knowledge is driving an economic transformation around the world. Along with technical competence – exceptional business, project management, and collaboration skills are needed by modern enterprises to develop and implement global e-commerce strategies.
Apple, Silicon Valley and the Counter-Cultural Impulse
While Woz earned his title as the “Mozart of digital design” through his design of the Apple II, Jobs helped conceive the computer as a democratizing tool with the motto-“One person–one computer.” The microcomputer was sold as a tool that would balance the unequal relationship between institutions and the individual. It would empower the individual and allow their inner artist to emerge. The Apple II Computer went on to become the darling of the counter-cultural crowd and would remain a symbol of resistance against the corporate forces of IBM and later the predatory practices of Microsoft.
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About Me
Professor at State University of New York (SUNY) Korea since 2016. 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, digital economics, and strategic communications.
You can reach me at:
apennings70@gmail.com
anthony.pennings@sunykorea.ac.kr
About me
Writings by Category
- artificial intelligence
- automatrix
- books and films
- characteristics of digital media
- creative cities
- creative industries
- crisis communications
- cultural Industries
- data analytics and meaning
- democratic political economies
- digital coordination
- digital destruction
- digital geography
- digital media economics
- digital media management
- digital monetarism
- digital spreadsheets
- disruption
- dystopian economies
- educational innovations
- electric money
- enabling frameworks
- enterprise systems
- financial news
- financial technology
- food policy and security
- futurists
- geopolitical risk
- global communications
- global e-commerce
- health IT
- how IT came to rule the world
- intellectual property
- journalism
- meaning makers
- meaningful play
- media strategies
- mobile technologies
- multimedia
- political economies in sf
- political economy of media
- science and technology studies
- sensing technologies
- smart new deal
- social media
- space systems
- strategic communications
- sustainable development
- technologies of meaning
- technology management
- telecom policy and net neutrality
- telegraphic political economy
- telelearn/telework
- the cold war
- the smith effect
- uncategorized
- visual literacy and rhetoric