Contents: Introduction. Technology-based entrepreneurs: does the Internet make a difference?, Massimo G. Colombo and Marco Delmastro; The effect of multimarket scope on firms' compatibility choice, Marc van Wegberg; Information technology revolution and Italian banks: a new Schumpeterian view?, Donato Masciandaro; Producer services, innovation and outsourcing in the new economy, Martin Zagler. Competition policy for network and Internet markets, Robert D. Willig; Mergers between incumbent Telecom operators: the role of mutual moderation, Patrick Rey; IPR-based monopolies and defensive leveraging strategies: some reflections on the essential facility doctrine, Alberto Heimler and Antonio Nicita. The impact of IT investment on productivity and efficiency, Luigi Paganetto, Leonardo Becchetti and David Andr Londono Bedoya; The economic impact of the computer revolution: a progress report, Michael T. Kiley; The 'New Economy' in the OECD, Francesco Daveri; Reorienting training policies to meet the challenges of information and communication technologies, Lisa M. Lynch; Raising the speed limit: US economic growth in the information age, Dale W. Jorgenson and Kevin J. Stiroh. The location of industry in a knowledge-driven European economy, Adriaan Dierx and Fabienne Ilzkovitz; Regional specialization, local externalities and clustering in information technology industries, Gilles Le Blanc; Direct communication, networking and location of innovative activities, Andreas Kopp; Post-Fordism, new economy and the case of the Italian 'Mezzogiorno', Luigi Paganetto and Pasquale L. Scandizzo; Index.