Working Paper
Internet Use in Transition Economies
The purpose of the study is two-fold. First, it examines whether Internet usage converges across the geographical space comprising the European Union and Central and Eastern Europe (CEE). Second, it aims to expand the currently rather limited...
Working Paper
The International Mobility of Technical Talent
This paper charts the complex dynamics of the movement of technical talent in the world economy and assesses broadly the impact of such mobility on both sending and receiving countries. Based on secondary data and primary information from the Indian...
Working Paper
International Mobility of Engineers and the Rise of Entrepreneurship in the Periphery
By 2000, over one-third of Silicon Valley’s high-skilled workers were foreign-born, and overwhelmingly from Asia. These US-educated engineers are transforming developmental opportunities for formerly peripheral regions as they build professional and...
Journal Special Issue
The New Economy in Growth and Development
The benefits from the New Economy should accrue as improvements in productivity and economic growth. But while the use of information and communication technology (ICT) seems to have had a substantial impact on the performance of the United States...
Working Paper
The New Global Determinants of FDI Flows to Developing Countries
Foreign direct investment (FDI) has increased dramatically in recent years. However, the distribution of FDI is highly unequal and very poor countries face major difficulties in attracting foreign investors. This paper investigates the determinants...
Working Paper
Globalization, Development, and Mobility of Technical Talent
The objective here is to understand how the mobility of technical talent might be changing the structural relationship between rich and poor countries. This paper examines the under-researched relationship between India and Japan in the context of...
Working Paper
The New Economy in Europe, 1992-2001
Despite the fast catching-up in ICT diffusion experienced by most EU countries in the last few years, information technologies have so far delivered little productivity gains in Europe. In the second half of the past decade, growth contributions from...
Working Paper
The Causal Relationship between ICT and FDI
This paper investigates the simultaneous causal relationship between investments in information and communication technology (ICT) and flows of foreign direct investment (FDI), with reference to its implications on economic growth. For the empirical...
Working Paper
Information Technology and Economic Growth
This paper explores the impacts of information technology investment on economic growth in a cross-section of 39 countries in the period 1980-95 by applying an explicit model of economic growth, the augmented version of the neoclassical (Solow)...
Journal Special Issue
The New Economy in Europe, 1992–2001
Despite the fast catching up in the diffusion of information and communication technologies (ICT) experienced by most EU countries in the last few years, information technologies have so far delivered few productivity gains in Europe. In the second...
Working Paper
The Role of Information in Technology Adoption under Poverty
An important channel through which globalization affects poverty is introducing new technologies to developing countries. Adoption of new technologies can be hindered by uncertainties about their efficiency. This paper studies the role of information...
Working Paper
The Causal Relationship between Information and Communication Technology and Foreign Direct Investment
This paper investigates the simultaneous causal relationship between investments in information and communication technology (ICT) and foreign direct investment (FDI), with reference to its implications on economic growth. For the empirical analysis...
Working Paper
New Economy in Growth and Development
The benefits from the New Economy should accrue as improvements in productivity and economic growth. But while the use of information and communication technology seems to have had a substantial impact on the performance of the United States economy...
Working Paper
The 'New Economy' and Economic Growth in Transition Economies
The contribution of the ‘new economy’ to economic growth in developing countries has so far been minimal. Despite the recent hype, the ‘old economy’ will for long be the fundamental force behind economic growth in transition economies. Nonetheless...
Working Paper
Information Technology and Economic Development
There is substantial evidence that new information technologies are in many ways transforming the operations of modern economies. More than half of employees use a computer at work in the most advanced industrial countries. About 10 per cent of the...
Working Paper
Computers and Economic Growth in Finland
The effect of computer technology on Finnish economic growth in 1983-96 is examined to shed light into the famous productivity paradox. Using the neoclassical growth accounting framework, the contribution of computer hardware, software and labor to...
Working Paper
On the Regulation of Telecommunications Markets
This paper discusses the theoretical concepts underlying recent developments in the regulation of telecommunications in Europe, the USA and developing countries with respect to efficiency and welfare. It focuses on analysing standardization problems...
Blog
Productivity, IT, and the New Economy
by
Kevin J. Stiroh
2002
by Kevin J Stiroh The strength of the U.S. economy in the second half of the 1990s has led many observers to assert that something fundamental had...
Blog
Does the New Economy Need All the Old IPR Institutions?
by
Paul A. David
2002
by Paul A David In the knowledge-driven economy the continuous search for new, reliable knowledge and the generation and absorbing of new information...
Blog
ICT and Economic Growth in Asia
by
Sailesh K. Jha
2002
by Sailesh K. Jha Exports have been one of the key drivers of economic growth in several Asian DMCs in the 1990s. During this period the composition...
Blog
Who Captures Value in Global Supply Chains?: The Case of Nokia's N95 Smartphone
by
Jyrki Ali-Yrkkö, Petri Rouvinen, Timo Seppälä, Pekka Ylä-Anttila
May 2011
Jyrki Ali-Yrkkö, Petri Rouvinen, Timo Seppälä, Pekka Ylä-Anttila Available statistics biases the true picture of the current stage of globalization...
Blog
Imperfect Data Increases Uncertainty
by
Carl-Gustav Lindén
May 2013
9 May 2013 Carl-Gustav Lindén The world is a complex place where risk and uncertainty are an everyday challenge. Decision makers at all levels say...
Working Paper
Digital technology and productivity of informal enterprises
The lingering policy dilemma facing many governments in sub-Saharan Africa in recent years is what can be done in the short to medium term to boost the output and incomes of individuals and enterprises in the informal sector, given the size and...
Working Paper
Legal and Institutional Barriers to Optimal Financial Architecture for New Economy Firms in Developing Countries
This paper reviews the obstacles for an appropriate financial architecture of new economy firms in developing countries by reviewing the theoretical and some preliminary empirical underpinnings of the importance of legal and institutional barriers...
Working Paper
The Software and Information Services Sector in Argentina
The software and information services (SIS) sector is at the heart of the New Economy and has been rapidly growing through the whole world during the last decades. This is also the case in Argentina where in the middle of a deep recession, the...
Working Paper
Microeconomic Policies in the New Economy
The core industries of the new information economy are characterized by imperfect competition, asymmetric information or external effects. Thus, well-designed microeconomic policies, in the form of competition policies, technology policies or...
Working Paper
New Economy and ICT Development in China
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 overall...
Working Paper
Prospects for the Digital Economy in South Africa
This study explores the on-going development of a global digital economy through a case-study analysis of its impact on and prospects in South Africa. It argues that four factors are key to understanding the impact of the digital economy on a...
Working Paper
ICT Production and Diffusion in Asia
This paper examines the empirical evidence to determine whether Asian countries, despite having captured a disproportionately high share of global production of ICT goods, have as a group been laggard in the adoption of ICT in comparison to non-Asian...
Working Paper
Information Technology and the Dynamics of Firm and Industrial Structure
The Internet is often anticipated to have disruptive competitive impacts, causing upstart firms to overthrow incumbent market leaders. This paper uses the UK IT consulting industry as a test case to see whether such competitive impacts of the...
Working Paper
Developing and Harnessing Software Technology in the South
Software technology is gaining prominence in national information technology (IT) strategies due to its huge potential for socioeconomic development, particularly through the support it provides in the productive sectors of the economy, delivery of...
Working Paper
ICT Clusters in Europe
We analyse the clustering of European ICT activities. Our focus is primarily on the ICT manufacturing industries in the EU countries. We find a clear and intensifying concentration tendency of ICT-related production and R&D. As a rule, originally...