Edquist, Harald; Henrekson, Magnus - 2016
We analyze the effect of ICT and R&D on total factor productivity (TFP) growth across different industries in Sweden. R … significant short-run association between ICT and TFP, we find a positive association with a lag of seven to eight years. Thus …, spillovers from R&D affect TFP much faster than spillovers from ICT-investments. We also divide ICT capital into hardware and …