``The digitization of global economies is transforming all industries into high-tech industries. Three maxims are creating a new set of competitive rules: Moore`s Law, Metcalfe`s Law, and Ronald Coase`s teachings on transaction costs. We will examine each of these in turn.``
http://www.mgt.smsu.edu/mgt487/mgtis...
An explanation of Moore`s Law, Metcalf`s and Coase`s is at the above site. It`s simply stated for dummies like me. ORY