A paper out of the Public Policy Institute of California (PPIC) examines answers to "Does Broadband Boost Local Economic Development?"
Many might flame PPIC for daring to ask such a question, but with billions of dollars in public funds being spent by governments around the world, it seems appropriate for some science to be applied to study the benefits.
The federal government and the state of California, as well as other states throughout the nation, have made universal access to broadband service a public policy goal, assuming that multiple economic and social benefits will accrue from increasing broadband access.
The study found a positive relationship between broadband expansion and employment growth, but the benefits for local residents are ambiguous.
To read the full, original article click on this link: Does Broadband Boost Local Economic Development?
Author: Mark Goldberg