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WORKSHOP Oct.00

October 25 and 26 / IST - Congress Center

Edward R. Murrow Center for International Information & Communication
Hitachi Center for Technology and International Affairs
The Fletcher School of Law and Diplomacy
Tufts University
Medford, MA, USA

&

IN+, Center for Innovation, Technology and Policy Research
Centro de Estudos em Inovação, Tecnologia e Politicas de Desenvolvimento
INSTITUTO SUPERIOR TECNICO
Lisbon, Portugal

Jointly present a short course on:

Internet Economics and the
Creative Destruction of Telecommunications

Presentations available for download are in PPS format (Power Point Show)

PROGRAMME:

DAY 1 - Wednesday, 25 October

09h00 Registration & Coffee

09h30 Welcome & Introduction - Manuel Heitor & Lee McKnight1

09h45 Creative Destruction of Telecoms - Paul Vaaler2

  • Industrial, organizational and technological factors reshaping telecoms
  • Impact on industry definition, business strategy and public policy
  • Implications for the future of telecoms in the US, Europe and emerging economies

10h35 Discussion, Guest Speaker - José Gomes, OPTIMUS - download

11h00 Coffee

11h30 Telecoms Innovation Strategies - Paul Vaaler

  • Strategic response of telecoms to creative destruction
  • Disruptive technological, organizational and inter-organizational innovation
  • First-mover advantages and disadvantages
  • Alternative telecoms innovation strategies for future competitive advantage

12h15 Discussion with participants

12h45 Lunch

14h00 Internet Technology, Architecture, and Design Philosophy - Lee McKnight

  • Critical Internet technologies
  • Internet design philosophy
  • How Internet architecture affects technology innovation

14h40 Discussion, Guest Speaker - Diogo Horta e Costa, Trade.com

15h00 Next Generation Internet Economics - Lee McKnight

  • The Economics of Internet Services
  • Costs and Pricing
  • Future Challenges

15h40 Discussion, Guest Speaker - Diogo Horta e Costa, Trade.com

16h00 Coffee

16h30 Optical Networks and Bandwidth Markets: Destroying or Recreating Telecoms? - Pedro Ferreira & Lee McKnight

  • Optical Network Architectures
  • Optical Network Costs
  • Bandwidth, SLA, or Wavelength Trading?
  • Implications for telecoms policy

17h30 Discussion with participants

18h00 End


DAY 2 - Thursday, 26 October

09h00 Guest Speaker - Francisco Padinha, PT Prime

09h30 Internet Business Models: Creative Destruction as Usual - Lee McKnight - download

  • Internet Protocol Rules
  • Internet Industry Sectors
  • Internet Business Models: Success or Failure - as Usual

10h15 Discussion: Guest Speaker - Francisco Padinha, PT Prime

10h30 Coffee

11h00 Internet Telephony: The Creative Destruction of Telecoms Regulation - Lee McKnight

  • What is Internet Telephony
  • Internet Telephony Archietcture
  • Internet Telephony Regulatory Challenges

12h00 Discussion with participants

12h45 Lunch

14h00 Managing Creative Destruction: Privatizing Telecoms Simulation - Paul Vaaler & students

Part I: Developing a Strategy
  • Student teams discuss political, industrial, organizational and technological issues affecting ANT's value and viability as a privatized European/Middle Eastern telecoms
  • Student teams model the valuation impact of these factors using Excel spreadsheet files (ANTVALUE.xls) and Monte Carlo simulation software (Crystal Ball)

15h00 Coffee

15h30 Managing Creative Destruction: Privatizing Telecoms Simulation - Paul Vaaler & students

Part II: Closing the Deal
  • Student teams conclude an equity sale agreement to one or two of the prospective foreign investors before time runs out.
  • Price- and non-price issues must be resolved in writing before the end of the session.

17h00 Simulation Debriefing and a Future Agenda for Cooperation - Manuel Heitor, Lee McKnight, Paul Vaaler

  • Lessons learned from the Simulation
  • Next Steps

17h30 End


Required Readings:

1) Peter Cukor, Raul Katz, Lee W. McKnight, and Paul M. Vaaler, "Creative Destruction - or Just destruction? Survival and Successin the Global Internet Economy," in The Fletcher Forum of World Affairs, Spring 2000, Vol 24, No. 1, pp. 103 - 122.

2) Paul Vaaler, "Creating and Destroying Shareholder Value Across Borders," in Lee W. McKnight, Paul Vaaler, and Raul Katz, eds., Creative Destruction. Business Survival Strategies in the Global Internet Economy, MIT Press, 2001, pp. 144 - 164.

3) Lee W. McKnight, "Internet Business Models: Creative Destruction as Usual," in Lee W. McKnight, Paul Vaaler, and Raul Katz, eds., Creative Destruction. Business Survival Strategies in the Global Internet Economy, MIT Press, 2001, pp. 38 - 59.

4) Lee W. McKnight and Jahangir Boroumand, "Internet Pricing: After Flat Rate" in Special Issue on Next Generation Internet, Telecommunications Policy, vol. No. , August 2000

5) Paul Vaaler, et. al., Anatolia National Telecommunications Negotiation Case Series, Harvard Business School Press, 2000.

(Fletcher provides masters, IST makes copies locally)

 

About Lee W. McKnight

Lee McKnight is an Associate Professor of International Communication and Director of the Edward R. Murrow Center, The Fletcher School of Law and Diplomacy, Tufts University, and a Visiting Scholar at the MIT Center for Technology, Policy, and Industrial Development.

 

About Paul Vaaler

Paul Vaaler is an Asssistant Professor of International Business and Director of the Hitachi Center for Technology and International Affairs, The Fletcher School of Law and Diplomacy, Tufts University.

Download all Paul Vaaler's Presentations in one Power Point Show file

 

For further information and registration, please contact:

Center for Innovation, Technology and Policy Research, IN+
Instituto Superior Tecnico, Av. Rovisco Pais, 1049-001 Lisboa

Alexandra Coimeiro
Phone: +351 21 8417367 - FAX: +351 21 8496156
E-mail:
alexcoi@dem.ist.utl.pt

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