Jun 04 2009

Technological links in a repressive society

by at 3:29 pm

The role of technology in network development is crucial to fashioning a self-sustaining economy. Technology can cut down on transaction costs, bounded rationality (North) and can forge cross-cutting ties (Narayan) that will strengthen the network. It also supports bridging capital (Narayan), in that the up-front costs of implementation then fall to zero when more people are added to such a network. As a development strategist, it is therefore crucial to measure the potential gains of a technological enhancement for a region even at a high implementation cost.

Technological enhancements are especially important for isolated communities or nations with restrictions on free press. Continue Reading »

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