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Information Technology, Productivity, and Economic GrowthInternational Evidence and Implications for Economic Development$
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Matti Pohjola

Print publication date: 2001

Print ISBN-13: 9780199243983

Published to Oxford Scholarship Online: October 2011

DOI: 10.1093/acprof:oso/9780199243983.001.0001

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International R&D Spillovers and Economic Growth

International R&D Spillovers and Economic Growth

(p.50) 3 International R&D Spillovers and Economic Growth
Information Technology, Productivity, and Economic Growth


Oxford University Press

Economists have made countless efforts to understand Robert Solow's productivity paradox wherein computers have somehow become present in several different aspects except in the productivity statistics since evidence has yet to be derived from empirical studies that suggest the link between productivity growth and investing in information technology (IT). However, some studies have found important links which involve how the information and communications technology sector plays no small part in terms of R&D endeavours, and that the leading industrial countries have allocated much of their resources to R&D because this entails significant returns. This chapter aims to examine the empirical findings regarding R&D spillovers in the international scene, specifically the ones which concern IT and the spillovers from developed to developing countries.

Keywords:   Robert Solow, productivity paradox, information technology, international spillovers, R&D, information, communications technology, productivity

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