Economics Research

Running Head : Economic Benefits of Innovation and TechnologyNameUniversityCourseTutorDateThe history of valet has been characterized by many mutations which just but to mention subscribe agricultural , industrial and of late tuition technology diversity . All these revolutions targeted to improve the efficiency of delivery of services to the plurality and the economy at large . While all these revolutions attain been yielding benefits that atomic number 18 visible to every one , the benefits of development technology have superseded those of the other revolutions by a rank magnitude . Across the world , everyone is reaping the benefits in one caution 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 productiveness that was evident from mid(prenominal)dle seventies up to mid 1990s Information technology has proved beyond apprised doubts that its benefits are real in the following ways (Antonelli , 2002 ,.16To puzzle out with , information technology has been crucial in increasing the productiveness growth . Since the introduction of information technology in seventies , the average output per person has increase many genesis than that of the past . Due to this , employment opportunities have become to a greater extent available thus higher tax income generation for some(prenomin al) individuals and the government . The tri! ckle down effects of this increased revenue are world felt in break dance information , health and other essential services that are being provided . It is estimated that labor productivity has been increasing...If you want to get a amply essay, order it on our website: OrderCustomPaper.com

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