ARPANET, 1969

After the launch of Sputnik in 1957, "President Eisenhower created the Advanced Research and Design Projects Agency (ARPA) with the Department of Defense to ensure that U.S. scientists retained their lead over Soviet scientists in developing new technologies applicable to the military" (Moss, 2010 p. 251).  In 1969, ARPA scientists created ARPANET as a way for "universities, defense contractors, and military command centers" (Moss, 2010 p. 252) to communicate via computer networks.  The Granddaddy of the Internet, which revolutionized international communication, trade, and banking, was born.  Without the development of ARPANET, the Internet as we know it would not exist, and the Global Economy would be a mere shadow of it’s current self.  

The Global Internet Economy discusses "The intertwining of the Internet and the globalization of finance, corporate governance, and trade" (Kogut, 2003).  How corporations respond to new technology is key to understanding the impact that technology has had on the Global Economy. 

The Initial ARPANET-1969 depicts the original network connecting Stanford Research Institute (SRI), the University of California (UC) Santa Barbara, the University of Utah, and the University of California Los Angeles (UCLA).  The modern Internet was born in these four nodes, and continues to grow exponentially.

From ARPANET to Internet.  The article is about half way down the page (sorry guys!).  From ARPANET to Internet discusses how "internet based technologies have demonstrably reshaped the economic landscape over the past few years" (nsf.gov), and is an interesting read on the evolution of the Internet and its impacts on the Global Economy.

Resources

Kogut, B. (2003, February). The global internet economy. Retrieved from http://mitpress.mit.edu/catalog/item/default.asp?tid=9549&ttype=2

Moss, G. D. (2010). Moving on, the american people since 1945. Upper Saddle River, NJ: Prentice Hall.

Nsf.gov. (n.d.). From arpanet to internet. Retrieved from http://www.nsf.gov/pubs/2000/nsf0055/pages/fyi.htm 

sri.com. (2009, October 27). The initial arpanet-1969. Retrieved from http://www.sri.com/news/releases/images/ARPANET.gif