Managing uncertainty in the digital economy. Strategic and policy lessons from broadband development in Europe
Livello
Studi, ricerche
Dati
pp. 80,      1a edizione  2018   (Codice editore 365.1195)

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In breve
Today managing uncertainty has become key for the success of public-private partnerships in the broadband industry and methodologies to evaluate flexible investments (i.e. real options) much appreciated by both scholars and practitioners. This book aims to elaborate on some of the most debated sources on uncertainty for investments in broadband networks and define the potential of real options methodology.
Presentazione del volume

Over the past decades, the technological upgrade of telecommunications infrastructures from copper (narrowband) networks to fiber (broadband) ones has led national and international institutions to define an ad hoc policy framework in order to combine the deployment of new infrastructures, foster market competitiveness, and protect customers' rights.
At the same time, public and private stakeholders have engaged in different forms of partnerships enabling local governments and telecommunications firms to share different risks, costs, and returns of very large investments. Thus, managing uncertainty has become key for the success of public-private partnerships in the broadband industry and methodologies to evaluate flexible investments (i.e. real options) much appreciated by both scholars and practitioners. This book aims to elaborate on some of the most debated sources on uncertainty for investments in broadband networks and define the potential of real options methodology.

Alberto Nucciarelli
is assistant professor at the Department of Economics and Management of the University of Trento (Italy). He published in international peer-reviewed journals on business and operation models in the digital economy as well as on policy issues in the broadband industry.

Bert Sadowski
is associate professor at the Eindhoven University of Technology (the Netherlands) and Visiting Professor at the University of Trento (Italy) and Northumbria University (UK). His research - published in leading economics and management journals - has provided new insights on the technological, market and demand uncertainties in emerging digital technologies.

Indice
Introduction
The regulatory framework
(Introduction; Reducing the role of Government intervention in Europe (State Aid); Public Policy Objectives for Government intervention in Europe; Defining Targets for the European Digital Economy; Rationales for Public Intervention)
Technology development from narrow-band to broadband and the internet of things
(Introduction; The Promise of Broadband Technologies and Next Generation Access (NGA) Networks; Next Generation Access (NGA) Networks and fibre networks; Next Generation Access (NGA) Networks and the problem of advanced ICT services; Internet of things (IoT) Technologies)
Demand characteristics: complementarity and innovation
(Introduction; Demand Adoption of ICT Infrastructure; Advanced Users and innovation in ICT; User involvement and Consumer cooperatives)
Public-private partnerships for strategic investments
(Taking stock of the literature on Public-Private Partnerships; The rationale for Public-Private Partnerships (PPPs) in the broadband sector)
Real options for strategic thinking in the broadband sector
(Introduction; Rationale for using real options; Applying real options; Options to abandon, defer, contract and expand; Real options for PPPs in the broadband industry)
Strategy and policy discussion
(From a source of uncertainty to an opportunity; Strategic implications and future research)
References.