Economics Research

Running Head : Economic Benefits of Innovation and TechnologyNameUniversityCourseTutorDateThe history of gentleman has been characterized by many rotary motions which just but to mention allow in agricultural , industrial and of late learning technology revolution . All these revolutions targeted to improve the efficiency of delivery of services to the the vast unwashed and the economy at large . While all these revolutions put one over been yielding benefits that are visible to every one , the benefits of information technology have superseded those of the other revolutions by a great magnitude . Across the world , everyone is reaping the benefits in one instruction or the other . In this decade therefore , digital technology is the driving engine for the global economy in all sectors .

Experts and researchers argue that it has been the key in unlocking the decline in productivity that was evident from mid(prenominal) mid-seventies up to mid 1990s Information technology has proved beyond middling doubts that its benefits are real in the following ways (Antonelli , 2002 ,.16To incur with , information technology has been crucial in increasing the productivity growth . Since the introduction of information technology in 1970s , the average output per person has increased many clock than that of the past . Due to this , employment opportunities have become more than available thus higher tax generation for both individuals and the government . The trickle down effects of this increased revenue are beingness felt in better instruction , health and other essential services that are being provided . It is estimated that labor productivity has been increasing...If you want to get a all-encompassing essay, order it on our website: Ordercustompaper.com

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