Headline Oct 20, 2014/

''' O'' DIGITALLY ENHANCED '''

FIRSTLY -a periodic repeat of the public statement:

!WOW!  -the World Students Society Computers-Internet-Wireless belongs to every single student in the world :

One share peace-piece for every student in the world. So, join up post haste.

This is an honour and a change of ecosystem that will generate more smiles per student than anything else in the world.

And now the post: 

THE TRUTH is that we didn't know the importance of home computers before the Internet.

We had them mostly for fun, then the Internet came along and was enabled by all the PCs out there.

That suggests the greatest gains from going digital will come in emerging economies, given their lowly starting-points.

Many are acting accordingly.

Brazil has cut taxes, both for firms making digital technology and for shoppers buying tablet computers.

South Korea has invested hugely in broadband, jumping from 11th to 2nd in the digitisation rankings.

For the growth hungry policy-maker, however, digital stimulus is not the end of the story.

Analysis that looks more deeply at individual industries finds that digitisation on its own is not enough. Faster information boosts output only when matched with more astute ways of interpreting and acting on new data.

American policing is one example of the late  1980s less than 20% of police forces used computers , but by early  2000s  over  90%  did.

Recent analysis by Luis Garicano and Paul Heaton of the London School of Economics shows that digitisation alone did not improve policing outcomes.

But some forces matched the new computers and and data with better ways of working; more accurate mapping of crime, daily adjustment of officer development to crime hotspots and regular evaluation of results.

Productivity was boosted.

Similarly, some firms are better than others at marrying new digital technology to fresh ways of operating.

A new study by Nicholas Bloom of Stanford University, Raffaella Sadun of Harvard Business School and- 

John Van Reenen of of the London School of Economics supports the idea that digitisation alone is not enough to drive growth.

Their data show that the American firms tend to have more information technology than comparable European ones, and are better at squeezing productivity out of it.

This finding is explained largely by management practices.

American firms are more aggressive in promoting and rewarding high performing staff, for instance; they are also quick to remove underperformers. 

Since the ability to monitor and measure performance is improved by having better technologies-

Digitisation seems to complement the American way of managing.

This maybe one reason why American productivity growth-concentrated in sectors that use information technology intensively   

-Has outstripped that in the EU over the past 15 years.

''The machines matter, in other words, but so do the men''.

With respectful dedication to all the Students, Professors and Teachers of the world. See Ya all on !WOW!  -the World Students Society Computers-Internet-Wireless:

''' Brain Scan '''

'''Good Night and God Bless

SAM Daily Times - the Voice of the Voiceless