Chapter 3. The Economy of an IP Evolution

Over the past two decades, the Internet has become an integral part of our lives. Regardless of whether we see it as a source of knowledge or a source of entertainment, regardless of whether we experience it at work, via home broadband access in San Francisco, California, or in a tiny Internet café in New Delhi, India, we are aware of “the Internet.” Most everyone can carry a conversation about one facet or another of this palpably vast resource.

The development of the Internet is one of the most successful examples of technology incubation and its rapid commercialization. It is an example of optimal collaboration between academia, government, and industry to create a new, open environment for the continued ...

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