The increasing importance of new insights has, of course, raised the value of information creation and transfer in boosting standards of living. Thus, it should be no surprise that new computer and telecommunications products have been accorded particularly high value by consumers and business and, hence, why companies that successfully innovate in this field exhibit particularly high stock market values.
BIS Review 83/1997  -2-  Breakthroughs in all areas of technology are continually adding to the growing list of almost wholly conceptual elements in our economic output. These developments are affecting how we produce output and are demanding greater specialized knowledge.