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  Intel CEO Barrett: Technology Innovation Leads To Economic Growth
Time: 15:40 EST/20:40 GMT | News Source: Intel Press Release | Posted By: Julien Jay

Intel CEO Craig Barrett today said that the world's economies are increasingly driven by technology, and that technology investment and R&D are key to prosperity and economic development. Despite the current economic slowdown, the build-out of the Internet and the drive to create knowledge-based economies will continue to foster economic growth worldwide. "For the industrial world, technology is what will lead us to new growth and economic recovery. The trend toward increasing reliance on technology for economic growth will only continue in the future," said Barrett. "As developing nations strive to build knowledge-based economies, technology is driving prosperity and productivity.

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