Showing 1 - 10 of 6,123
This paper presents new calculations for the production and use of information and communications technology (ICT) in … Finland from 1975 to 2001. ICT-production has in the late 1990s had significant impacts on growth and labour productivity (LP …). As the increase in LP seems to have mushroomed only in the production of ICT, aggregate LP growth experienced a slowdown …
Persistent link: https://www.econbiz.de/10010285176
Despite the fast catching-up in ICT diffusion experienced by most EU countries in the last few years, information … from ICT capital rose in six EU countries only (the UK, Denmark, Finland, Sweden, Ireland and Greece). Quite unlike the … and Spain) showed stagnating or mildly declining growth contributions from ICT capital, together with definite declines in …
Persistent link: https://www.econbiz.de/10010279279
Persistent link: https://www.econbiz.de/10010279356
-inflation growth due to the large diffusion of information and communication technologies (ICT). This paper looks into Europe … which compares the diffusion of ICT in various European countries. Section V presents findings of several empirical studies … on productivity growth in Europe which look into the relation between ICT spending and labour productivity growth …
Persistent link: https://www.econbiz.de/10010301763
infrastructure, which would allow for adoption, diffusion, and productive use of information and communication technologies (ICT … harnessing the potential of ICT to accelerate the long-term economic growth and catching-up with developed countries. In the NEI …
Persistent link: https://www.econbiz.de/10010279022
The rapid development and diffusion of the information and communications technology (ICT) is the major driving force … of the New Economy. While there is ample evidence to suggest that the ICT industry has contributed a great deal to the … unemployment that may result from ICT’s displacement effect is a major concern faced by the developing countries in their adoption …
Persistent link: https://www.econbiz.de/10010279323
We study the returns the venture capital and private equity investment from 221 venture capital and private equity funds that are part of 72 venture capital and private equity firms, 5040 entrepreneurial firms (3826 venture capital and 1214 private equity), and spanning 32 years (1971 - 2003)...
Persistent link: https://www.econbiz.de/10010298258
information and communications technology (ICT) sector. We relate the finding to the R&D projects that small ICT firms pursue …. This may explain why the recent ICT ‘revolution’ relied more on equity than on debt. We run a battery of robustness tests … optimaalista ottaa potentiaaliselle kasvuprojektille, on negatiivinen etenkin ICT-sektorilla. Osoitamme, että tämä tulos liittyy …
Persistent link: https://www.econbiz.de/10010284897
The sharp increase in equity prices over the 1990s was widely attributed to permanently higher productivity growth derived from the New Economy. This paper establishes a rational expectations model of technology innovations and equity prices, which shows that under plausible assumptions,...
Persistent link: https://www.econbiz.de/10010320911
ICT investment and economic growth in the period 1985-99 for a sample of 42 countries for which ICT spending data are … much in ICT. The second reason is that even if they have done so, they may not have invested enough in complementary … infrastructure, like education and skills, in order to reap the benefits from ICT investment. Technology by itself is not a solution …
Persistent link: https://www.econbiz.de/10010279209