Everybody knows that digital technology has revolutionised our economy and our lifestyles. But how many of us really understand the drivers behind the technology - the significance of going digital; the miniaturization of circuit boards; the role of venture capital in financing the revolution; the importance of research and development? How many of us understand what it takes to make money from innovative technologies? Should we worry about manufacturing going offshore? What is the role of India and China in the digital economy? Drawing on a lifetime''s experience in the industry, as an engineer, a senior manager and as a partner in a venture capital firm, Henry Kressel offers an expert personalized answer to all these questions. He explains how the technology works, why it matters, how it is financed and what the key lessons are for public policy.
Philip Cavendish is Reader in Russian and Soviet Film Studies at the School of Slavonic and East European Studies, University College London. He is the author of Mining for Jewels: Evgenii Zamiatin and the Literary Stylization of Rus' (MHRA, 2000), and Soviet Mainstream Cinematography: The Silent Era (UCL, 2007).