Information and Communication Technologies (ICTs) for industrial development: Challenges and opportunities
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Date
2017
Journal Title
Journal ISSN
Volume Title
Publisher
IGI Global
Abstract
The applicability of ICT has gained high research interests in both developed and developing countries due to the perceived social and economic benefits. With the increased benefits of ICTs, many governments have invested heavily in emerging technologies to gain a competitive advantage over others in the business. Despite the high investment by many countries around the world, there are inadequate documentation about the cost-benefits of the massive ICT investment in developing countries, especially Africa. Hence, developing an empirical study to reveal the perceived cost-benefits of ICT investment for industrial development is critical. This chapter presents a comprehensive review of various studies conducted in
different countries of the world detailing the extent of ICTs, barriers hindering its use and the potential benefits. To date, there is existing empirical evidence to support the role of ICTs for industrial development in developing countries, while the benefits of ICTs for industrial development in developing countries of Asia and Africa are not well documented.
Description
Nil
Keywords
Industrial Development - Tanzania, developing countries, emerged technologies, ICT investment - developing countries, Information and Communication Technology (ICT), massive ICT investment - developing countries
Citation
APA