This report has three parts: an Introduction; a summary of the proceedings of the February 20, 2004, symposium; and a research paper by Dr. William Raduchel. Finally, a bibliography provides additional references.

This report represents an important step in a major research effort by the Board on Science, Technology, and Economic Policy to advance our understanding of the factors shaping the New Economy, the metrics necessary to understand it better, and the policies best suited to sustaining the greater productivity and prosperity that it promises.

Dale W. Jorgenson

Charles W. Wessner

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