Forbes summarizes a report by ITIF revealing that the number of technology-based startups in the U.S. economy grew 47 percent in the last decade, and these new firms have been "making an outsized contribution to economic growth."

Technology Is Driving Entrepreneurial Growth, And We’re Not Just Talking About Silicon Valley

Technology Is Driving Entrepreneurial Growth, And We're Not Just Talking About Silicon Valley

The information technology (IT) sector makes an outsized contribution to the U.S. economy as a leading exporter that creates high-paying jobs, including for non-college-educated workers, while producing highly innovative products and services that drive broad-based growth, counteract inflation, and improve people’s quality of life.

How the IT Sector Powers the US Economy

From 1995 to 2014, investments in IT accounted for 20 percent of growth globally, writes John Wu in Innovation Files.

Fact of the Week: Investments in IT Accounted for Almost 20 Percent of Global Growth Between 1995 and 2014

$700 billion in U.S. GDP growth from 2010 to 2016 can be attributed to capital investments in IT, writes John Wu in Innovation Files.

Fact of the Week: IT Investment Accounted for 35 Percent of U.S. Growth From 2010 to 2016

Industries vary in the relative contributions they make to national economies, but even among advanced industries, the information technology (IT) sector distinguishes itself with high-paying jobs, low price inflation for consumers, strong exports, and superior innovation, according to a new statistical report.

Economic Data Shows How the IT Sector  Increasingly Powers the U.S. Economy

Rather than complaining about them and trying to throw sand in their gears, policymakers should be celebrating their success and seeking to support them as they power even more growth.

Six Tech Industries Accounted for More Than One-Third of GDP Growth in the Last Decade

In this article, ITIF President Rob Atkinson argues that the United States needs to be preparing now for what it will do when the information technology-driven economy begins to become less of an engine for economic growth at some point in the future.

Is the Next Economy Taking Shape?

The U.S. economy could boost GDP anywhere between $1.6 to $2.2 trillion by 2025 through maximizing ICT use across all sectors, writes John Wu in Innovation Files.

Innovation Fact of the Week: US Economy Could Add $1.6-2.2T to GDP By 2025 By Maximizing ICT Adoption

The number of technology-based start-ups surged 47 percent in the last decade. These firms still account for a relatively small share of all businesses, but they have an outsized impact on economic growth, because they provide better-paying, longer-lasting jobs than other start-ups, and they contribute more to innovation, productivity, and competitiveness.

2024 Tech Industry Statistics

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Technology Is Driving Entrepreneurial Growth, And We’re Not Just Talking About Silicon Valley

How the IT Sector Powers the US Economy

Fact of the Week: Investments in IT Accounted for Almost 20 Percent of Global Growth Between 1995 and 2014