The Economics of Information Technology Explaining the Productivity Paradox

Cover The Economics of Information Technology Explaining the Productivity Paradox
The Economics of Information Technology Explaining the Productivity Paradox
Geoffrey M Brooke
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Paradoxically, however, higher circuit densities also made possible the invention of the micro-processor, or 'computer on a chip' - an integrated circuit that contained all the essentials of a computer's central processing unit. Since the micro- processor could execute mslructions (by mampulating sequences of binary digits), it could be manufactured en masse as a standard product and then be programmed to perform a variety of specialized fimctions.
Although the first micro-processor (the Intel
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