Organizing growth:
We study the impact of information and communication technology on growth through its impact on organization and innovation. Agents accumulate knowledge through two activities: innovation (discovering new technologies) and exploitation (learning how to use the current technology). Exploitation requi...
Gespeichert in:
| Hauptverfasser: | , |
|---|---|
| Format: | Buch |
| Sprache: | English |
| Veröffentlicht: |
Cambridge, Mass.
National Bureau of Economic Research
2007
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| Schriftenreihe: | Working paper series / National Bureau of Economic Research
13705 |
| Online-Zugang: | Volltext |
| Zusammenfassung: | We study the impact of information and communication technology on growth through its impact on organization and innovation. Agents accumulate knowledge through two activities: innovation (discovering new technologies) and exploitation (learning how to use the current technology). Exploitation requires the development of organizations to coordinate the work of experts, which takes time. The costs and benefits of such organizations depend on the cost of communicating and acquiring information. We find that while advances in information technology that lower information acquisition costs always increase growth, improvements in communication technology may lead to lower growth and even to stagnation, as the payoff to exploiting innovations through organizations increases relative to the payoff of new radical innovations. |
| Beschreibung: | 48 S. graph. Darst. 22 cm |
Internformat
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| 490 | 1 | |a Working paper series / National Bureau of Economic Research |v 13705 | |
| 520 | |a We study the impact of information and communication technology on growth through its impact on organization and innovation. Agents accumulate knowledge through two activities: innovation (discovering new technologies) and exploitation (learning how to use the current technology). Exploitation requires the development of organizations to coordinate the work of experts, which takes time. The costs and benefits of such organizations depend on the cost of communicating and acquiring information. We find that while advances in information technology that lower information acquisition costs always increase growth, improvements in communication technology may lead to lower growth and even to stagnation, as the payoff to exploiting innovations through organizations increases relative to the payoff of new radical innovations. | ||
| 700 | 1 | |a Rossi-Hansberg, Esteban |e Verfasser |0 (DE-588)130453269 |4 aut | |
| 776 | 0 | 8 | |i Erscheint auch als |n Online-Ausgabe |
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Datensatz im Suchindex
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| id | DE-604.BV023593600 |
| illustrated | Illustrated |
| index_date | 2024-07-02T22:41:32Z |
| indexdate | 2024-07-09T21:25:15Z |
| institution | BVB |
| language | English |
| oai_aleph_id | oai:aleph.bib-bvb.de:BVB01-016908930 |
| oclc_num | 254586912 |
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| physical | 48 S. graph. Darst. 22 cm |
| publishDate | 2007 |
| publishDateSearch | 2007 |
| publishDateSort | 2007 |
| publisher | National Bureau of Economic Research |
| record_format | marc |
| series2 | Working paper series / National Bureau of Economic Research |
| spelling | Garicano, Luis 1967- Verfasser (DE-588)129324833 aut Organizing growth Luis Garicano ; Esteban Rossi-Hansberg Cambridge, Mass. National Bureau of Economic Research 2007 48 S. graph. Darst. 22 cm txt rdacontent n rdamedia nc rdacarrier Working paper series / National Bureau of Economic Research 13705 We study the impact of information and communication technology on growth through its impact on organization and innovation. Agents accumulate knowledge through two activities: innovation (discovering new technologies) and exploitation (learning how to use the current technology). Exploitation requires the development of organizations to coordinate the work of experts, which takes time. The costs and benefits of such organizations depend on the cost of communicating and acquiring information. We find that while advances in information technology that lower information acquisition costs always increase growth, improvements in communication technology may lead to lower growth and even to stagnation, as the payoff to exploiting innovations through organizations increases relative to the payoff of new radical innovations. Rossi-Hansberg, Esteban Verfasser (DE-588)130453269 aut Erscheint auch als Online-Ausgabe National Bureau of Economic Research <Cambridge, Mass.> NBER working paper series 13705 (DE-604)BV002801238 13705 http://papers.nber.org/papers/w13705.pdf kostenfrei Volltext |
| spellingShingle | Garicano, Luis 1967- Rossi-Hansberg, Esteban Organizing growth |
| title | Organizing growth |
| title_auth | Organizing growth |
| title_exact_search | Organizing growth |
| title_exact_search_txtP | Organizing growth |
| title_full | Organizing growth Luis Garicano ; Esteban Rossi-Hansberg |
| title_fullStr | Organizing growth Luis Garicano ; Esteban Rossi-Hansberg |
| title_full_unstemmed | Organizing growth Luis Garicano ; Esteban Rossi-Hansberg |
| title_short | Organizing growth |
| title_sort | organizing growth |
| url | http://papers.nber.org/papers/w13705.pdf |
| volume_link | (DE-604)BV002801238 |
| work_keys_str_mv | AT garicanoluis organizinggrowth AT rossihansbergesteban organizinggrowth |