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Economics of Information Technology

B.C. Sullivan (Ealing College of Higher Education)

International Journal of Social Economics

ISSN: 0306-8293

Article publication date: 1 January 1985

282

Abstract

The year of information technology was characterised by a hive of activity in this field, much of which was sponsored and stimulated by the IT 82 campaign. The government clearly recognised the need for British industry and commerce to capitalise on the advantages offered by information technology, and this interest in the strategy is being pursued by the relatively recently created Ministry of Information Technology. The creation of IT centres at strategic points throughout Britain aimed at providing training facilities for the 16–19 age group is an example. The centres provide training in a variety of facets of IT, including programming and micro‐electronic technical skills. The campaign generally is designed to educate the British public as to the advantages of information technology; in pursuit of this, country‐wide regional centres have been set up, which provide advice and information to potential users or users of the micro‐technology. This has been supported by exhibitions and conferences held at regular intervals throughout the length and breadth of the country. The aim of this article is to try to identify the trends in the economy which will indicate the way in which IT is developing in terms of its macro‐ and micro‐economic contributions, and to identify the human and economic problems which an organisation may encounter when contemplating investment in IT.

Citation

Sullivan, B.C. (1985), "Economics of Information Technology", International Journal of Social Economics, Vol. 12 No. 1, pp. 37-53. https://doi.org/10.1108/eb013983

Publisher

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MCB UP Ltd

Copyright © 1985, MCB UP Limited

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