Saturday 19 January 2008

Does IT help productivity?

This is a trick question. Korea has recently experienced high levels of productivity growth (manufacturing productivity rose approx 15% in the June-September 2007 period and continues to grow). This is not as a result of deploying IT but because the IT manufacturing industry is very important to South Korea and labour productivity in this industry rose 25% in that same June-September 2007 period.

The moral is .... Don't use IT, MAKE it.

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