general-purpose technology

Next-generation networks as general-purpose technologies

Information and communication technologies play a crucial role in the evolution of societies, transformation of industries and economic development. Growing demand for new products and services that require an increasing transmission bandwidth reinforce the view of Internet connection and next-generation networks as general-purpose technologies. Building upon a growth model with endogenous spillovers, the present chapter explores the impact on economic growth exerted by the diffusion of broadband connections in two different samples drawn from the OECD countries.

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