Jovanovic, Boyan; Rousseau, Peter L. - 2005
important enough to have a protracted aggregate impact. Electricity and information technology (IT) probably are the two most … Electrification. 2. Both GPTs were widely adopted, but electricity’s adoption was faster and more uniform over sectors. 3. Both … Electricity did. 4. Both have spawned innovation, but here, too, IT dominates Electricity in terms of the number of patents and …
