Productivity Trends and the Impact of IT on Job Creation

By TAP Staff Blogger

Posted on April 14, 2010


At Friday’s Regional Institutions for Innovation and Productivity conference, the talk amongst audience members centered on productivity trends, how technology is reshaping the economy, and the impact of IT on job creation. Not surprising when you consider the speakers and their presentations:

  • Washington State’s Governor Christine Gregoire spoke on Information Technology and the Future of Washington State.
  • Brad Smith, Senior Vice President, General Counsel, and Corporate Secretary with Microsoft championed the importance of IT and job creation.
  • Professor Erik Brynjolfsson, Director, MIT Center for Digital Business, examined why the spread between leader and laggard industries has been growing in the past decade.
  • Professor Bart van Ark, Senior Vice President and Chief Economist, The Conference Board, shared his prediction that 2010 will see a return to robust economic growth, and will be driven largely by emerging nations.
  • Professor Theo Eicher, Director, UW Economic Policy Research Center, highlighted the recent structural changes in the Washington state economy.
  • Linden Rhoads, Vice Provost of Technology Transfer, University of Washington, examined the barriers to IT adoption.
  • Daniel Wilson, Senior Economist, Federal Reserve Bank of San Francisco, outlined why technical change is the driver of productivity growth.
  • Thomas Strobel, Economist, Ifo Institute of Economic Research at the University of Munich, provided a visual example of how two countries diverged in their levels of economic growth exactly because of their differences in IT investment.

The speakers’ presentations are available online. The conference was video recorded. TAP will provide access to these podcasts once live, so please check back.