Information technology: a new era?
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## Contents

- Introduction
- Learning outcomes
- 1 Technological advancement
- 2 Technological change and economic growth
  - 2.1 Industrial revolutions and technological change
  - 2.2 The effect of technology on productivity
- 3 Information technology, productivity and growth
  - 3.1 The impact of information technology
  - 3.2 Is productivity sustainable?
  - 3.3 A summary
- 4 ‘Garage tinkerers’: new economy or industry life cycle?
  - 4.1 Introduction
  - 4.2 The industry life cycle
  - 4.3 Live fast, die young
  - 4.4 Prices and industrial change
  - 4.5 Technological change
  - 4.6 Changes in industry structure
  - 4.7 The future?
- 5 Conclusion
- Questions for review and discussion
- Keep on learning
- References
- Acknowledgements

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