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Information Technology Industry

From another standpoint, however, dueling platforms and replications, or the battle between standards on one hand and intellectual property and proprietary market share on the other, inhere in potentially dangerous failures of technology that have at their core the vagaries of human behavior and failures to manage technological experience. Consider the well-documented examples of noninteroperability of high-tech communications systems in New York on September 11, 2001, and during Hurricane Katrina (Howard, 2005). Effective response to the technological failures was not chiefly a concern of a need for new or better technology but rather a human concern of how to deploy such technology as is already available to address the problem. In other words, the issues involved are chiefly managerial, not chiefly technical.

Despite evidence that the human factor inevitably encroaches on the purely technical factors of the information-technology industry, the industry itself has been identified as vital to the health of the American economy as a whole. In 2001, a report by the President's Council of Economic Advisors included the following information:

The information technology sector itself has provided a direct boost to productivity growth . . .

The spread of information technology throughout the economy has been a major factor in the acceleration of productivity through capital deepening . . .

Outside the information technology sector, organizational innovations and better ways of applying information technology are boosting the productivity of skilled workers. (CEA, 2001, p. 30)

As of 2001, computers, semiconductors, and telecommunications goods accounted for "nearly half of the value of capital goods imports and exports" of the U.S. (CEA, p. 157). One index of the growth rate of the information-technology industry is that in 1987 the semiconductor industry accounted for 1.5 percent of the U.S. gross domestic, but by 1999, "it acco...

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Information Technology Industry. (1969, December 31). In Retrieved 14:43, August 19, 2017, from
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