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Title: ICT infrastructure and economic growth: a critical assessment and some policy implications
Authors: Sarangi, Ajoy Ketan
Pradhan, Rudra Prakash
Keywords: ICT infrastructure
Economic growth
Information systems effectiveness
Decision making
Productivity paradox
Issue Date: Dec-2020
Publisher: Indian Institute of Management Calcutta, Kolkata
Series/Report no.: Vol.47;No.4 (Special Issue on Emerging technologies and operational analytics)
Abstract: This study explores the ways and means behind evolving ICT infrastructure’s direct or indirect effect on economic growth within a conceptual framework. Advances in digital technologies, their role, and significance in techno managerial ICT solutions are examined to provide a knowledge base for assessing capabilities, possibilities, and utilities to researchers, economists, policy and decision makers for optimal resources utilization, and stimulating economic growth. Besides contributing to the fields of information systems research and growth literature, few indicators are listed for consideration in economic analysis. This broadens vision for optimizing systems infrastructure, innovation activities, and helps establish their effects on growth. The study proposes that supporting policies in combination with adequate funds provision, stable government, macro-economic determinants, and innovation environment are crucial for ICT-induced prosperity. Additionally, countries need to promote e-commerce and e-governance activities with adequate R&D support, technical support, deployment of probots knowbots and chatbots powered by artificial intelligence, autonomic computing applications, transfer of technology to industry and society, enforcement toward acceptance of digitization, and use-based rewards. The study is useful in decision-making for managers, ICT-professionals, and entrepreneurs to assess ICT solutions with economic benefits; facilitates ICT infrastructure requirement analysis, planning, and deployments with their socio-economic implications.
Description: Ajoy Ketan Sarangi & Rudra Prakash Pradhan, Vinod Gupta School of Management, Indian Institute of Technology Kharagpur, Kharagpur, West Bengal, 721302, India; Ajoy Ketan Sarangi, National Informatics Centre, Baripada, Odisha, India
Issue Editor – Arnab Adhikari & Adrija Majumdar
ISSN: 0304-0941 (print version) ; 2197-1722 (electronic version)
Appears in Collections:Issue 4, December 2020

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