This authoritative book presents a selection of the most important published articles and papers on the computing industry - an industry that after five decades of growth permeates virtually all areas of modern economic activity. Many economists believe the diffusion of computing has been a catalyst and a driver of economic growth. This has stimulated research into the microeconomic determinants and consequences of computing. This collection provides a state-of-the-art survey of advances in applied and empirical approaches to the industrial economics of computing.

The first section of the book presents several distinct approaches to the measurement of frontier research in computing. The second section addresses the factors shaping the industrial structure for supplying computer goods and services. The third section focuses on the determinants of the adoption and diffusion of information technology.

Shane Greenstein - a leading scholar in the field - has written a new and authoritative introduction which provides a comprehensive overview of the subject. This is an important feature of the volume which will be an essential reference source for both industrial and business economists concerned with the computing industry.