... Peter Agada University of Ilorin Most developing nations have embarked on various reforms that foster the use of ICTs in their economies. These reforms tend to yield little or minimal benefits to economic growth and development, especially when compared with the developed countries of the world. Technological advancement is known to impact fast rate of economic development. In Nigeria, policy on adoption of Information and Communication Technologies was initiated in 1999, when the civilian regime came into power of government. The operations of the licensed telecommunication service providers in the country has created some well-felt macroeconomic effects in terms of job creation, faster delivery services, reduced transport costs, greater security and higher national output. This study intends to investigate the emerging roles of ICTs on Nigerian economy, and to evaluate the factors that influence the decisions of investors in the Nigerian telecommunications sector. Ordinary Least Square Method of Regression for the period 1999 – 2004, shall be employed. This period is considered appropriate in that, it was the time that policy on ICTs was adopted. The paucity of data prior to this time also poses restriction on meaningful econometric analysis. Significant and positive relationship between ICTs and economic growth is expected as it is portrayed in some economic literature. While telecommunication service providers receive commensurate...
Words: 4178 - Pages: 17
...PROSPECT OF ICT INDUSTRY IN BANGLADESH Ariful Islam ID: 11164063 Section: 1 Subject Code: BUS 502 Subject Name: Managerial Communication Summer 2011 PROSPECT OF ICT INDUSTRY IN BANGLADESH Abstract ICT is one of the most talked about but unexploited industries in Bangladesh. Last two decades have seen lot of initiatives, both in public and private sector, to stimulate growth in this sector. Although some success has been achieved, Bangladesh lags far behind other South Asian countries like India and Sri-Lanka in terms of employment and revenue generation in the ICT industry. Against such background, this paper takes a close look at the ICT industry of Bangladesh. Starting from the formative years of the ICT industry to different measures taken by the government to support this sector, the paper analyzes the prospects of the ICT industry in Bangladesh. Introduction ICT industry in Bangladesh is relatively new in comparison to other business sectors. However, the unlimited potential of the ICT sector has commended inquisitive interests from all concerned. The impact of global hype of the ICT sector is clearly visible in Bangladesh as well. In the recent years, the local ICT sector has grown enviably. With over 3,000 local enterprises operating in hardware, software and ISP segments, the size of Bangladesh ICT industry at present stands at USD 380 million. With the advantage of earlier initiation, the hardware segment dominates the market share (65 per...
Words: 2193 - Pages: 9
...“Analyse the current government’s argument that the nature of jobs created within an economy dictate the degree of success rather than the amount of jobs”. 1. Introduction The Irish economy has changed greatly in the last Forty years. An educated workforce and Urbanisation of our towns and cities has seen an industry shift. There are a number of important factors that allowed this to happen so quickly. Ireland’s membership of alliances such as the E.U. and the O.E.C.D and the directives that were incurred as a result of these memberships. More recently in the Nineties the economy had enjoyed a period of prosperity which was generally accredited to the provision of subsidies to knowledge based industries such as I.T., Financial Sectors and Research & Development. This coupled with a desirable location and a new highly educated workforce. As stated in the department of finances report in 2011 the economy experienced imbalances due to bad auditing systems in the banking and building sectors. “The Irish economy was transformed over the past two decades. Per capita income rose strongly, converging towards and subsequently overtaking European average levels. However, from the early part of the last decade, imbalances began to emerge which made the economy increasingly vulnerable. A major property bubble began to unwind from 2007, and the fall-out from this was exacerbated by the major deterioration in the external environment...
Words: 3141 - Pages: 13
...Challenges/Opportunities * Immigration/Emigration: The I.T sector is currently suffering greatly due to the emigration of the countries young graduates. This ‘Brain Drain’ means that though there are plenty of jobs in the I.T sector there aren’t enough people to fill them. The number of new graduates leaving was higher than at any time in the previous six years, and almost half (47%) of everyone who left had a third-level education in the 12 months to April this year. The I.T graduates are also leaving the country due to better opportunities in their fields in other countries, such as the UK, the US and Australia. (Irish Examiner , 2014) * Skills Shortages In its ‘ICT Skills Audit’, Fastrack to IT (FIT), estimates that there are 4,500 vacancies in Ireland’s ICT sector. These are not being filled, because of “the severely limited supply of suitably skilled applicants”. The study, shows that many of the vacancies are at the intermediate-skills level, and could be filled after training programmes of six to 24 months. FIT runs courses enabling people to re-skill. The sectors with most job vacancies include digital/creative media, contact centre support, games development, cloud computing, PC maintenance and mobile technologies. (Percival, 2013) * The Economy ICT is not only one of the fastest growing industries, directly creating millions of jobs, but it is also an important creater of innovation and development. ICT is a large contributor to the recovery of the economy after...
Words: 276 - Pages: 2
...National ICT Strategy and Plan NICI - 2015 © No part of this document can be reproduced, stored in a retrieval system, or transmitted in any form or by any means - electronic, mechanical, photocopying, recording, or otherwise - without the permission of the Rwanda Ministry in charge of ICT in the Office of the President. List of Acronyms AGAGE AISI AMIS ARTEL BNR BPO CD CERT COMESA CNS-ATM CS CSIRT CTC FWG DCRS EAPP EASSy EDPRS e-GOV EMIS EMR EQMS ERMS FMS FY GDP GIS GNI GNP GoR G2B G2C G2G HIV HLSC HRMS ICT ICT4D IDS IPAR IPS ISP ISPA ITU IXP JICA Advanced Global Atmospheric Gases Experiment African Information Society Initiative Agriculture management Information System Africa Rural Telecommunication Banque National du Rwanda Business Processing Outsourcing Community Development Computer Emergency Response Team Common Market for Eastern and Southern Africa Communication Navigation Surveillance /Air Management Cyber Security Computer Security Incident Response Team Coordination Technical Committee Focus area Working Group Develop a Digital Court Recording System East African Power Pool Eastern Africa Submarine Cable System Economic Development & Poverty Reduction Strategy (2008-2012) e-Government Education Management Information System Electronic Medical Records Electronic Queue Management System Electronic Records Management System Financial Management Systems Fiscal Year Gross Domestic...
Words: 28160 - Pages: 113
...ICT Sector in Bangladesh:Challenges & Opportunities Team Co-Ordinators : Asif & Zakir * 122-15-1863:Introduction & Conclusion, * 122-15-1874:Present Status of ICT Sector, * 122-15-1915: Role of Private Sector for Development of this Sector, * 122-15-1921:Role of Private Sector for Development of this Sector, * 122-15-1960:Problems and Suggestions. Introduction & Conclusion Introduction: On the eve of the 21st century we are heading towards a world which is entirely dependent on ICT. Scientifically, everyone knows that the world is sphere, however the world can still be considered as flat because of the blessings of Information Technology. In the last fifty years or so, the world has been moving so fast technologically that an enormous demand for IT has developed globally. In light of the outsourcing phenomenon, Bangladesh should leapfrog into the ICT Sector. Bangladesh has some competitive advantages over other outsourcing options (China and India) in terms of its potential population in the ICT sector. Unfortunately in Bangladesh, there are technology challenges caused by the country’s infrastructure problems. Some of these problems include poor telecommunication facilities, few software development firms in country (to help develop local talent and expertise), and lack of eGovernance policies. One positive is that the country is now linked with the submarine cable, which will help facilitate better internet and telecommunications...
Words: 2798 - Pages: 12
...ICT Roadmap Bangladesh: A Pilot Study Moving Towards a Sustainable Growth of the IT Industry. March 4th, 2013 Final Draft. 2 Table of Contents EXECUTIVE SUMMARY DIGITAL BANGLADESH: AN OVERVIEW THE MISSING BRIDGES RECOMMENDATION TO GOVERNMENT 3 4-‐7 8-‐11 12-‐27 CONCLUSION ...
Words: 15004 - Pages: 61
...the election in Bangladesh in 2008 with Obama-like campaign strategy-the call for 'change', which has been responded widely by the Bangladeshi citizens. However, the focus here is Digital Bangladesh, widely accepted by Bangladeshi people from all walks of life. Not too many people understood the concept of digital Bangladesh but they believed it, as something related to information technology. It has been widely accepted by a good number of young voters, believing that the concept of Digital Bangladesh will solve most of our national crisis involving corruption, unemployment, illiteracy, poverty and price-hike. Even though without knowing Bangladesh has already gone through a bit of experience on digitization through few national level of ICT projects, such as, Chittagong Customs Automation System, selection process of teletalk mobile user through internet, project initiated by the pervious government on machine-readable digital passport system and finally the successful computerization of national voter ID. However, we have full trust and faith in our newly elected government, that hopefully one day, it will give us the gift of Digital Bangladesh, as promised, by year 2021. But our fundamental question here is how digital Bangladesh will be built and how will it impact on our daily life, the economy and society at large. Is digital...
Words: 1838 - Pages: 8
...AS A MANAGER JUSTIFY THE USE OF ICT IN YOUR ORGANIZATION MY ORGANIZATION IS A COMMERCIAL BANK The Concept of ICT and a Perspective of Nigerian Banks Technology can be referred to as the application of knowledge for the execution of a given task. It entails skills and processes necessary for carrying out activities (works) in a given context. While ICT encompasses computer systems, telecommunication, networks, and multimedia applications (Frenzel, 1996). It came into use in the late 1980’s replacing earlier terms like Electronic Data Processing (EDP), Management Information System (MIS), although the latter terms are still in use (Frenzel, 1996). ICT has transcended the role of support services or only electronic data processing; its fields of applications are somewhat global and unlimited. Its devices especially the Internet through the World Wide Web (www) and modern computer email facilities have further strengthened early innovations like the telephone and fax. Other ICT devices include data recognition equipment, factory automation hardware and services, tele-computing and teleconferences using real time and online system (Adeoti, 2005). It is a concept that is having a remarkable effect on almost entire aspects of the human endavours. This connotes that it involves the application of principles to engage physical component in achieving an intended goal. The convergence of computer and telecommunication after about four decades of applying computers to routine...
Words: 1816 - Pages: 8
...scholarly research group to depict this same objective. Information and Communication Technologies must be moderate, available, and important. Novel methodologies in figuring engineering have the potential for the extraordinary effect in a scope of regions, including instruction, human services, and economic improvement. The significance that exploration projects can have around there is noteworthy since there are troublesome mechanical issues to be unraveled to understand that vision. For example, work in last-mile organizing bases, making instinctive client interfaces, creating ease processing gadgets and making applicable applications in regions (Werthner, 2009). Research Purpose For my research, I will be aiming to know how ICT helps small and huge business in Taiwan. I will utilize an ethnographic approach and will use the main part of my field exploration talking with and talking with business people and individuals who are straightforwardly or in a roundabout way connected to SME advancement. Besides, I will invest a lot of time going by areas where...
Words: 988 - Pages: 4
...Arts & Commerce Vitthalwadi-East Email-Id :- kadam.a333@gmail.com Contact No:- 9029787363 ICT AND ITS IMPACT ON ECONOMIC GROWTH Exploring the growth potential of ICT ------------------------------------------------- Abstract: ------------------------------------------------- Past decade saw the growth of service sector and marveled on the growing potential of the IT industry. This became more relevant if we see the exponential growth of Internet along with T.V and Radio. So Information Technology (IT) along with Communication Technology (C.T) converges to give us a unique combination of ICT-Information and Communication Technology. This paper attempts to understand the contribution of ICT in the growth story of India. It analyzes the contribution towards growth with the help of four major components of ICT: Internet, Telecom, IT sector, T.V and Radio. The paper presents data and statistics providing sample evidence of the ever growing contributions of ICT towards income generation and employment for the country and thus having a major economical impact. Finally the paper concludes with the fact that it is high time to acknowledge the relevance of ICT within the service sector and growth cannot be looked exclusive of it. Information and Communication Technology:- Number of different studies find that there is a positive impact of the spread of ICT on national output (Röller and Waverman 2001, Sridhar and Sridhar 2004).According to a recent World Bank...
Words: 2424 - Pages: 10
...institution’s view on financing opportunities for SME institutions. As a financial organization the report shed light on BSRS and its BCC/BASIS/ICT Incubator and its adjacent financing modules. From entrepreneur’s point of view a number of incubator listed firms were selected and their financing process has been introduced. This report exclusively focused its view toward ICT SMEs. The fact that ICT Incubator is only accessible to IT companies and the importance of ICT in Bangladesh economy growth has an implicit importance in this regard. The report took this issue further by listing the bars that remains in today’s financial market for an ICT SME. The report also contains critical analysis of the whole financing process and its pro/cons. The submitters took the liberty of comparing BSRS normal SME financing schemes and its past data with BSRS/BCC/ICT Incubator financing schemes. This report also showed the Requirements, Paper works, Validation process, Other payment options & Follow through of the whole financing process. Past data of BSRS financial investments and loan disbursements as well as data on participation in ICT incubator has also been included. Recent times have seen an encouraging up rise of women participation in SME institutions. This fact has not been ignored and an analysis with relevant data on women participation in BSRS and ICT Incubator scenario has been introduced. The investment process for SMEs has been presented with diagrams and charts. A relatively unique...
Words: 9970 - Pages: 40
...Introduction……………………………………………....………………..…...…. 4 3. Analysis…………………………………………………....…………………...…. 5 4.1 Research and innovation in the ICT environment ……………....………. 5 4.2 Human capital development in the ICT environment.……..…....……….. 7 4.3 Level of advancement of ICT networks and services.…………………… 8 4.4 Level of advancement of the IT and software industry sectors……….… 11 3.5 The role of CIOs in promoting digital economy evolution……………….. 14 4. Conclusion………………………………………………...…………………...…. 17 5. References……………………………………………....…..………………...…. 19 1. 1. Abstract This report is an analysis of digital economy evolution and the role of the CIO in the South African ICT sector, looking at the following five points: (i) Research and innovation in the ICT environment. (ii) Human capital development in the ICT environment. (iii) The level of advancement of ICT networks and services. (iv) The level of advancement of the IT and software industry sectors. (v) The role of CIOs in promoting digital economy evolution. 2. Introduction This report is an analysis of the digital economy evolution and the CIO’s in the South African ICT sector. The CIO does not have much influence in the areas of ICT such as, the ICT sector itself, research, ICT sector innovation, human capital development, ICT networks, services and software development, as these areas are controlled by the government and global multi-national organisation...
Words: 4549 - Pages: 19
...Connecting to Work: How ICTs Are Expanding Job Opportunities Worldwide September 10, 2013 * * ------------------------------------------------- Top of Form Bottom of Form * * * Information and communication technologies are creating new job opportunities for workers and employers around the world. STORY HIGHLIGHTS * Information and communication technologies (ICTs) are transforming the world of work, creating new job opportunities and making labor markets more innovative, inclusive, and global. * Three trends are driving this shift: greater connectivity, the ability to telecommute and outsource work, and globalization of skills. * A new paper looks at ways policymakers can maximize the positive impact of ICTs on employment. RELATED WORLD BANK * Policy Note: Connecting to Work: How Information and Communication Technologies Could Help Expand Employment Opportunities * Website: World Bank ICT * Website: Jobs Knowledge Platform MULTIMEDIA Video Connecting to Work: ICTs & Jobs When Gopal Maharjan, a young engineering graduate in Nepal, started looking for a job in Kathmandu he did not get a great response. Then he heard about online jobs with CloudFactory, a “microwork” platform. He and some friends formed a group and applied online. They were accepted and given part-time jobs doing work such as digitizing old, hand-written data, tracking supermarket receipts, or even medical transcription. The group meets regularly with CloudFactory staff...
Words: 974 - Pages: 4
...econometric model of labour productivity. Labour productivity is found to increase with the capital labour ratio, the proportion of part-time hours, the share of immigrant workers and by the proportion of the most experienced workers. The second chapter decomposes the total factor productivity growth for the Canadian tourism/hospitality industries with dynamic factor demand models which is estimated with nonlinear Full Information Maximum Likelihood (non-linear FIML) estimator. The results show that only a few Canadian tourism/hospitality industries experienced positive total factor productivity growth and had a major gain from technological change during the period 1983-2003. The final chapter is to examine the impact of technology use (ICT), training and labour turnover on labour productivity in the Canadian...
Words: 39529 - Pages: 159
