The Internet Economy in the Post-crisis Era and Recovery

Author:  

Publisher: OECD Publishing

ISSN: 1608-0270

Source: SourceOECD Science & Information Technology, Vol.2010, Iss.15, 2010-11, pp. : 155-176

Disclaimer: Any content in publications that violate the sovereignty, the constitution or regulations of the PRC is not accepted or approved by CNPIEC.

Previous Menu Next

Abstract

Growth of the Internet economy is driven by innovation in the ICT sector. ICT firms continue to play a dominant role in the top group of R&D-performing firms, a role that has not diminished despite revenue and employment declines during the recession. If anything, ICT R&D is more tightly linked with changes in revenue, an indication that ICT firms are well positioned for renewed technology-driven growth as sector performance improves. The most dynamic growth comes from Internet firms and increasingly Asian firms, and semiconductor R&D underpins development of new applications.