How Big Is the Internet Economy?
Posted in: Internet Use/New Technologies at 07/12/2011 16:27
South Korea for years has cultivated a reputation as a high-tech leader, bolstered by its big electronics companies and research universities and the government's hand in building out a broadband network.
Even so, tech companies and even government agencies aren't really sure how big an impact the Internet has on the country's economy.
On Monday, three big consultancies -- BCG, McKinsey and Deloitte - revealed the results of their attempt to measure South Korea's Internet economy by using one of the ways that governments measure gross domestic product, called expenditure approach.
To read this Wall Street Journal report in full, see: