ITM 703 Lecture Notes - Lecture 4: Foreign Direct Investment, Digital Economy, United Nations Conference On Trade And Development

• School: Ryerson University
• Department: Information Technology Management
• Course: ITM 703
• Professor: Farid Shirazi

Document Summary

Definition: (exam watch) computing technologies economy, web economy: digital economy refers to an economy that is based on digital, it is also referred to as information economy, internet economy, new, the digital economy is developing rapidly worldwide. It is the single most important driver of innovation, competitiveness, and growth. They are the foundation of new business models, business networking, and the transfer of knowledge and access to international markets (r&d) ng y. Infrastructur (fiber optic, e (db routers, storage, switches, super network computers) systems) y. Icts provide opportunities for people in developing countries to promote development by fostering innovation and improved productivity. The study shows that there"s a mutual and positive correlation between ict expansion of the level of foreign direct investment (fdi) On the other hand, ict not only requires heavy investment but also necessary skills and knowledge: fdi flow into ldc has always been small compared to other developing.