information technology

Information Technology and India’s Economic Development

The paper discusses the possibilities for broad-based information technology (IT)-led economic growth in India, including increasing value-added, using better telecom links to capture more benefits domestically through offshore development for developed country firms, greater spillovers to the local economy, broadening the IT industry with production of telecom access devices, improving the functioning of the economy through a more extensive and denser communications network, and improving governance.

Patterns of Comovement: The Role of Information Technology in the U.S. Economy

Firm-specific variation in stock returns and fundamental performance measures is significantly higher in industries that have a history of more investment in information technology (IT). The authors hypothesize that IT is associated with creative destruction or product differentiation, either of which can widen the performance difference between winner and loser firms.

Rising Stars in Information and Communication Technology

The quest for more efficiency and security is reflected in the economy as a whole, but especially in the product and process innovations in information and communication technology (ICT). The author examines the ten concepts considered to have the brightest prospects in the business segment in terms of their potential to gain widespread use during this decade. Out of these, the three most promising ICT approaches are biometrics, open-source software and radio tagging.