In recent decades, network industries around the world have gone through periods of de- and re-regulation. With vast amounts of sometimes conflicting research carried out into specific network industries, the time has come for a critical over-arching assessment of this entire industry in order to provide a platform of understanding to aid future research and practice.
This comprehensive resource provides an orientation for academics, policy makers and managers as to the main economic, regulatory and commercial challenges in the network industries. The book is split into sections covering market, policy, regulation, management perspectives, whilst all of the key network industries are covered, including energy, transport, water and telecommunications.
Overseen by world-class Editors and experts in the field, this inter-disciplinary resource is essential reading for students and researchers in international business, industrial economics and the industries.
Table of Contents
1. Introduction (Matthias Finger and Christian Jaag) Part I: The market and industry perspective 2. Telecommunication networks: Technology and market development (Wolter Lemstra and William H. Melody) 3. Postal sector development between digitization and regulation (Christian Jaag) 4. New developments in electricity markets following large-scale integration of renewable energy (Gert Brunekreeft, Marius Buchmann and Roland Meyer) 5. Natural gas: A tale of three markets (Aad Correljé) 6. Current trends in the global maritime transport sector (Bruce Lambert) 7. The evolving global railway industry (Chris Nash) 8. The evolving global air transport industry(Kenneth Button) 9. Urban public transport (Lorenzo Vannacci and Elena Navajas Cawood) 10. The evolving global water industry (Antonio Massarutto) Part II: The policy and regulatory perspective 11. Electronic communications policy and regulation in Europe (Paula Gori and Pier Luigi Parcu) 12. Policy and regulations in the postal sector (Fumitoshi Mizutani, Shuji Uranishi, Eri Nakamura and Christian Jaag) 13. The future of electricity network regulation: The policy perspective (Michael G. Pollitt) 14. The construction of a European gas market: Network investment under virtual trading (Michelle Hallack and Miguel Vazquez) 15. Policy and regulatory perspectives on shipping (Laticia Argenti and Thomas Wakeman) 16. European rail policy and regulation (Matthias Finger) 17. Policy and regulation of air transport: The European experience (Benjamin Lehiany, Alain Jeunemaître and Hervé Dumez) 18. Local public transport (Didier M. van de Velde) 19. Economic regulation of water utilities: The US framework (Janice A. Beecher) Part III: The strategy and management perspective 20. Innovative and disruptive effects of the Internet on strategy in the communications and media markets (Pier Luigi Parcu and Maria Luisa Stasi) 21. Governance and strategies in the postal sector (Fumitoshi Mizutani, Shuji Uranishi and Eri Nakamura) 22. Electricity distribution utilities and the future: More than just wires (Rahmatallah Poudineh, Wenche Tobiasson and Tooraj Jamasb) 23. Strategic challenges in the natural gas market (Sergio Ascari) 24. Maritime transport company strategies: How to be sustainable in the future (Raimonds Aronietis, Christa Sys and Thierry Vanelslander) 25. Developments in the European railway sector: Challenges for railway service providers (Reto Bleisch, Bernhard Meier and Gregory Smith) 26. Airport structure, strategy and performance: A review (Peter Forsyth, Jürgen Müller and Hans-Martin Niemeier) 27. Strategic challenges in urban transport (Beat Mueller) 28. Innovation and public management: Comparing dynamic capabilities in two Swiss wastewater utilities (Eva Lieberherr, Bernhard Truffer and Damian Dominguez) 29. Conclusion (Matthias Finger and Christian Jaag)
Matthias Finger holds the Swiss Post Chair in Management of Network Industries at EPFL, Switzerland. He is also the Director of the Florence School of Regulation's Transport Area in Florence, Italy.
Christian Jaag is Managing Partner at Swiss Economics and Lecturer in Economics at the Universities of St Gallen and Zürich as well as at EPFL, Switzerland.
'This is a time of critical transformation for infrastructure industries with profound implications for relevant networks and underlying market design. This book provides a rare and systematic overview about the recent evolution of the different network industries and includes case studies, insights and perspectives - a treasure for all those concerned by the future of our infrastructure networks.' - Christoph Frei, Secretary General, World Energy Council
'Network industries constitute the physical presence of past development. They provide the contemporary infrastructure for future value creation. Modern technology and global economics lump together former vastly different industrial sectors in the emergence of new service systems and innovative enterprises. This book provides a unique and comprehensive overview. It pairs functional development to underlying principles, crossovers and dynamics. It asks what is to be done about it in terms of policy, management and regulation. This book constitutes a standard and indispensable reference for understanding the complexities of modern strategic infrastructure development.' - Theo Toonen, Dean, Faculty of Behavioral, Management and Social Science and Professor, University of Twente, The Netherlands
'All over the world, network industries have undergone profound transformations as a result of their liberalization since the late 1980s. This unique publication documents this transformation in the nine main infrastructure sectors. In the process, it analyzes the details of the changes at the industry, policy and firm level in quite a pedagogical way. It is probably the most systematic, self-contained and up-to-date overview of network industry transformation currently available.' - Antonio Estache, Professor, Université Libre de Bruxelles, Belgium