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Digital funding 'could create jobs'
Digital funding 'could create jobs'
Multibillion-pound investment in digital technology could help revive
the UK economy and create hundreds of thousands of jobs, according to a
new report.
Productivity would be boosted and small firms helped to retain or create jobs if money was invested in broadband networks, "intelligent" transport systems and a "smart" power grid, said a study by the London School of Economics (LSE).
Jonathan Liebenau, reader in Technology Management at LSE, said: "Our report shows that in this severe economic climate the right investment in ICT infrastructure would have a significant effect in creating jobs now and in stimulating productivity and innovation for the future."
Robert Atkinson, president of the Information Technology and Innovation Foundation, which helped with the report, added: "Nations that invest in ICT to transform fields like transportation and energy reap substantial long-term economic and social benefits.
"This report shows that these investments also have a short-term impact by producing the jobs and economic growth the UK needs to get out of the current recession."
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pa.press.net |
Productivity would be boosted and small firms helped to retain or create jobs if money was invested in broadband networks, "intelligent" transport systems and a "smart" power grid, said a study by the London School of Economics (LSE).
Jonathan Liebenau, reader in Technology Management at LSE, said: "Our report shows that in this severe economic climate the right investment in ICT infrastructure would have a significant effect in creating jobs now and in stimulating productivity and innovation for the future."
Robert Atkinson, president of the Information Technology and Innovation Foundation, which helped with the report, added: "Nations that invest in ICT to transform fields like transportation and energy reap substantial long-term economic and social benefits.
"This report shows that these investments also have a short-term impact by producing the jobs and economic growth the UK needs to get out of the current recession."
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