The impact of ICT on labour productivity reveals in a company, an industry and a country level. The
development of ICT results in the increase of labour productivity both in the sector producing ICT and in the sector
using ICT. ICT development provides a possibility to improve systems of company management processes, ensures
a more efficient mechanism of market distribution, stimulates the development of network economy, influences
social and cultural changes within a society, has a positive impact on SMB development perspectives, and builds
foundation for development of ICT and other innovations, which, in turn, results in productivity growth of
individual companies, as well as industries, and national or country groups.
The results of the retrospective studies of the impact of ICT development on labour productivity and economic
growth of a country are controversial. They depend on research sample, period, country and its level (micro, mezzo
and macro). Thus, it is not possible to generally state that ICT development is the main source of labour productivity
increase, and it is necessary to perform a study using data of a particular country and a period of particular years.
The main indicators reflecting ICT development could be divided into 4 groups: 1) ICT infrastructures: Fixed
telephone lines per 100 inhabitants, mobile cellular telephone subscriptions per 100 inhabitants, International