Data Insight: Impact of technology investment on Northern Ireland's economy

This study explored the effects of technology investment on Northern Ireland's economy. It found that firms investing in technology experience increased employment growth and offer higher wages. However, the impact on overall productivity is minimal. The relationship between technology investment and economic outcomes varies based on firm size. Understanding these dynamics is crucial for policymakers, business owners, and the public to address the productivity puzzle and mitigate job insecurity and inequality. Our research supports the Department for the Economy's vision and emphasises the importance of balancing technological advancements with inclusive growth strategies.