2002 · 11 citations · 3 references
Social SciencesEconomicsInformation TechnologyDevelopment EconomicsEconomic DevelopmentInnovationEconomic GrowthGrowth TheoryTechnological ChangeTechnological ProgressTechnology AdoptionTechnology DiffusionCompounded Annual Growth RateDiffusion Of Information TechnologyGlobal Technology DiffusionInnovation Diffusion AnalysisMoore's Law ScalingTechnological Change DynamicsTechnology Diffusion AnalysisTechnology Diffusion Curves
India’s experience with growth of the Information and Communication Technology (ICT) sectors, especially the IT component, has attracted attention for a number of reasons. To start with, the pace of growth has been rapid, albeit from a low base, tallying with the dynamism seen as typical of the industry and captured by the oft-quoted Moore’s Law. Thus, according to data provided by Dataquest (Table 1), over the 12 year period 1990-91 to 2001-02, the annual compound rate of growth of output was 37.4 per cent (Chart 1). That is, output was doubling every 2.2 years.
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Robert M. Solow · The New York times book review · 1987 · 712 citations
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Robert J. Gordon · 1999 · 196 citations