We provide robust and compelling evidence of the marked impact of tertiary education on the economic growth of less developed countries and of its the relatively smaller impact on the growth of developed ones. Our results argue in favor of the accumulation of high skill levels especially in...

Since Bresnahan and Trajitenberg’s original 1995 article on ‘General Purpose Technology (GPT): Engines of Growth’, the concept of GPT has slowly but steadily influenced the literature on business ICT (information and communication technology) adoption. In considering business ICT, within...