

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.
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.
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