LIRNEasia is a regional ICT policy and regulation think tank active across the Asia Pacific

Tag Archives: externalities

What are the harms of using R&D expenditures as indicator of innovation?

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Martin Fransman gave a good keynote on what causes innovation at today’s ITS conference. One question that arose from his discussion of Apple and a low-tech (low expenditure on R&D) company was how we could objectively measure innovation. Fransman answered by saying R&D expenditures were a bad indicator, being (a) an input measure, and (b) […]

Ronald Coase, 1910-2013

The man who introduced the concept of transaction costs, proposed a solution on dealing with problems of externalities and was one of the first to propose applying market solutions to spectrum allocation is no more. I first read his work on spectrum, since one of my teachers, Dallas Smythe, was a vociferous opponent. Then I […]

Positive externalities of telecom: Enabling innovation

I’ve written about this earlier, but a more fleshed out argument is in my LBO column. The story was about an award. But what I noticed was the role of telephones in the story. The award winning innovation is not just one new thing; it is a collection of process improvements. Critical elements involve phones […]

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