3: Market Making

Make markets

Other Information:

R&E networking ROI has been staggering -- Total 30-year U.S. federal investment to enable the precursors of the Internet is very small compared to the massively successful businesses it sparked.

Stakeholder(s):

• Companies: Many companies have been created or re-invented through R&E community innovations


• Students: Students capitalize on network-rich platform to create new technologies


• U.S.: In the U.S., this has created fast-growing economic impact ... Contribution of Internet to U.S. economy: $684 billion annually, 4.7% of all economic activity in 2010 (CNNMoney, 2012) ... Value of Internet to U.S. economy: * Employment: $300 billion * Payments: $444 billion and Time: $680 billion *Total: $1424 billion annually (Harvard Business School / Hamilton Consultants, 2009)


• The World: Now contributes over $8 trillion dollars annually to the global economy


• ARPAnet: ARPAnet, CSNET & NSFnet < $250 million total investment


• CSNET


• NSFnet

Objective(s):

1

Content