information technology

Revolution Within: ICT and the Shifting Knowledge Base of the World’s Largest Companies

This empirical paper analyses the importance of information and communications technologies in the technological diversification trend among the world’s largest manufacturing firms during the 1980s and 1990s. The authors conclude that the development of corporate capabilities in the key technologies of the emerging ICT paradigm is more widespread than previously emphasised in the literature.

On the Long-Run Evolution of Technological Knowledge

This paper revisits the debate about the appropriate differential equation that governs the evolution of knowledge in models of endogenous growth. The authors argue that the assessment of the appropriateness of an equation of motion should not only be based on its implications for the future, but that it should also include its implications for the past.

Revolutionary Effects of New Information Technologies

In markets with imperfect information and heterogeneity, the information technology affects the rate at which agents meet, which in turn affects the distribution of production technologies across firms. The author shows that in models for such markets there are typically multiple equilibria because reservation utility levels and the lowest production technology in use affect each other.

Earnings on the Information Technology Roller Coaster: Insight From Matched Employer-Employee Data

This paper uses matched employer-employee data for the state of Georgia to examine workers’ earnings experience through the information technology (IT) sector’s employment boom of the mid-1990s and its bust in the early 2000s. The results show that even after controlling for individual characteristics before the sector’s boom, transitioning out of the IT sector to a non-IT industry generally resulted in a large wage penalty.

Virginia Piedmont Technology Council Industry Future Summit Report

The report is a result of an IT sector meeting to discuss the technology environment in the Virginia Piedmont region. The eleven technology industry providers who participated identified the five major drivers of the region’s technology industry, recommended actions every tech company should consider taking, and identified the variables that will signal the pace and direction of a tech company’s success and future viability.