Skip to main content

The Telecommunications Challenge Changing Technologies and Evolving Policies: Report of a Symposium (2006) / Chapter Skim
Currently Skimming:


Pages 157-160

The Chapter Skim interface presents what we've algorithmically identified as the most significant single chunk of text within every page in the chapter.
Select key terms on the right to highlight them within pages of the chapter.


From page 157...
... The telecommunications industry accounts, by various measures, for about 1 percent of the economy.
Read the entire page →
From page 158...
... This "beautiful" book, which Grove wrote when he was not only CEO of Intel but a part-time business school professor as well, described a huge shift from a vertical model to a horizontal model in both the computer and semiconductor industries. In the vertical model -- incarnated by IBM, which for a long time was the computer industry -- there was a huge laboratory that created large portions of the intellectual property involved in the development of computing technology.
Read the entire page →
From page 159...
... CONCLUDING REMARKS 159 property has to be the answer, so we just create property rights and then leave the scene and let them fight it out.'" But in the telecommunications sector things are not quite that simple, because of the presence of other, related issues -- common property rights, for example, or infrastructure that has to be maintained and compensated. So, while "it's not just a case of private property rules the world," a way had to be found of maintaining common facilities within a market-based approach.
Read the entire page →

Key Terms

  • bell labs
  • business model
  • computer industry
  • vertical model
  • horizontal model

  • telecommunications industry


    • This material may be derived from roughly machine-read images, and so is provided only to facilitate research.
    More information on Chapter Skim is available.