Abstract
In addition to the basic factors: capital and labor, information is becoming a factor of increasing importance. Following many others we claim that the role of information — more closely its share of the value products create — has been increasing rapidly during the past decades. In our terminology we say that information has become a product element. Information can be considered to be present in products in three major roles, information of markets and technology (know how), information as embedded elements in products (software) and information as a product itself (media products). When information is created and processed in digital form, it can also be transferred via digital networks. During the next ten or twenty years remarkable changes in industries and in the society will take place, these changes being a result of the increasing value of digital information and its new infrastructure: the modern broadband networks (Figure 1).
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© 1997 Springer Science+Business Media Dordrecht
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Martikainen, O. (1997). Telecommunications Trends. In: Gaïti, D. (eds) Intelligent Networks and Intelligence in Networks. IFIP — The International Federation for Information Processing. Springer, Boston, MA. https://doi.org/10.1007/978-0-387-35066-0_1
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DOI: https://doi.org/10.1007/978-0-387-35066-0_1
Publisher Name: Springer, Boston, MA
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