Innovation Fact of the Week: U.S. Businesses Spend Up to 4% of GDP on ICTs

John Wu April 6, 2016
April 6, 2016

When organizations invest in better communication tools, processing equipment, and advanced software, it has a direct impact on their productivity, so it is a good sign for the United States that its businesses are investing $650 billion annually, approximately 4 percent of annual GDP, in information and communications technologies, more than businesses in any other country, writes John Wu in Innovation Files.