Martin Fransman is Professor of Economics and Founder-Director of the Institute for Japanese-European Technology Studies at the University of Edinburgh. His books include Telecoms in the Internet Age: From Boom to Bust to . . . ? (2002), winner of the Wadsworth Prize for the best business history book published in the United Kingdom in 2002, and The Market and Beyond: Information Technology in Japan (1990), winner of the Masayoshi Ohira Memorial Prize.