Manufacturing vs. Services and the Role of Information Technology

2019 ◽  
pp. 416-430
Author(s):  
Arnab Adhikari ◽  
Shromona Ganguly
Keyword(s):  
Information Technology ◽  
Economic Development ◽  
Comparative Analysis ◽  
Structural Changes ◽  
Manufacturing Sector ◽  
Export Performance ◽  
Services Sector ◽  
The Impact ◽  
Role Of Information

The role of information technology is often debated in the context of economic development of the developing countries. In order to understand the role technology plays in the structural change of the economy, the chapter analyzes the case of India, which, according to many researchers, has experienced an “idiosyncratic” pattern of structural changes since its independence compared to many countries. This is evident from the fact that the growth of Indian economy has been driven by the services sector rather than manufacturing, which prompted many researches to conclude that India has leapfrogged the phase of industrialization. This chapter examines the impact of services-led growth and the role of information technology in India through a comparative analysis of manufacturing versus services in export performance and employment scenario. The chapter concludes that India needs a more broad-based policy of technology adoption, not only to sustain its services-led growth but also to boost its manufacturing sector as well as make the economic development more inclusive.

Manufacturing vs. Services and the Role of Information Technology

2018 ◽  
pp. 7234-7247
Author(s):  
Arnab Adhikari ◽  
Shromona Ganguly
Keyword(s):  
Information Technology ◽  
Economic Development ◽  
Comparative Analysis ◽  
Structural Changes ◽  
Manufacturing Sector ◽  
Export Performance ◽  
Services Sector ◽  
The Impact ◽  
Role Of Information

The role of information technology is often debated in the context of economic development of the developing countries. In order to understand the role technology plays in the structural change of the economy, the chapter analyses the case of India, which, according to many researchers has experienced an “idiosyncratic” pattern of structural changes since its independence compared to many countries. This is evident from the fact that growth of Indian economy has been driven by the services sector rather than manufacturing which prompted many researches to conclude that India has leapfrogged the phase of industrialization. This chapter examines the impact of services-led growth and the role of Information Technology in India through a comparative analysis of manufacturing versus services in export performance and employment scenario. The study concludes that the India needs a more broad based policy of technology adoption, not only to sustain its services led growth but also to boost its manufacturing sector as well as make the economic development more inclusive.

scholarly journals Role of Information and Communication Technology in Economic Development of India

2019 ◽  
Vol 9 (2) ◽  
pp. 2651-2654
Keyword(s):  
Information Technology ◽  
Economic Development ◽  
Human Resource Development ◽  
Information And Communication Technology ◽  
Communication Technology ◽  
Unit Root Testing ◽  
Information And Communication ◽  
The Impact ◽  
Role Of Information

Information and Communication Technology (ICT) stresses the role of unified communication and integration of telecommunications, intelligent building management systems and audio-visual systems in modern information technology. In the information age, using information is a prime issue. ICT includes of all technical means that are used to handle information and aid communication. It includes computer and network hardware, middleware and necessary software. Time accessibility of relevant information is vital for economic development of any country. The improvement of economic activity can be brought by improving capacity in terms of enhancing access to information, while also the technical nature of economic activities required that the knowledge of users are constantly updated which can be achieved through their enhanced information seeking behavior by the use of ICTs. Moreover, use of ICTs lead to innovation which further lead to the enhancement of economic growth and human resource development. Thus, the present paper highlights the role of information technology on economic development of the country as a whole. A period of fifteen years is considered for the study Information and Communication Technology index and Economic Development index has been constructed on the basis of Principal Component Analysis. A simple linear regression has also been conducted to examine the impact of ICT on Economic Development in India. Stationarity of the data set are also checked with the help of appropriate unit root testing technique such as Augmented-Dickey Fuller test. The result shows that there has been considerable impact of ICT on Economic Development in India. Policy suggestions are also given on the basis of the findings of the study

scholarly journals The Role of Information Technology (IT) in the Economic Development of Palestine

2021 ◽  
Vol 23 (1) ◽  
Author(s):  
Issam Ayyash ◽  
Keyword(s):  
Information Technology ◽  
Economic Development ◽  
Vital Role ◽  
Regression Method ◽  
Developed Country ◽  
Multiple Regression Method ◽  
Convenience Sampling ◽  
The Impact ◽  
Role Of Information

Information technology plays vital role in the development of every country. Developed country transformed all they operations but developing counties are still struggling for implementation. The aim of this study is to empirically investigate the impact of information technology in economic development of Palestine. This is quantitative study and the questionnaire was adopted from well reputed studies. The data was collected through convenience sampling and analyzed through multiple regression method by using SPSS. The finding of this study revealed that all hypothesis is accepted. Thus, it can be concluded that all four aspects of IT have positive and significant effect of economic development of the country. This study help manages to understand the importance of IT while decision making. This study help government in policy making. Next study can be conducted on the other aspects of economic development and IT.

The Effect of Information Technology on Fluidity of Contemporary Architectural Space

2019 ◽  
Vol 7 (1) ◽  
pp. 62-72
Author(s):  
Shatha Abbas Hassan ◽  
Noor Ali Aljorani
Keyword(s):  
Information Technology ◽  
Communication Systems ◽  
Research Problem ◽  
Architectural Space ◽  
Human Thought ◽  
Technological Developments ◽  
Ease Of Access ◽  
The Impact ◽  
Role Of Information

The increasing importance of the information revolution and terms such as ‘speed’, ‘disorientation’, and ‘changing the concept of distance’, has provided us with tools that had not been previously available. Technological developments are moving toward Fluidity, which was previously unknown and cannot be understood through modern tools. With acceleration of the rhythm in the age we live in and the clarity of the role of information technology in our lives, as also the ease of access to information, has helped us to overcome many difficulties. Technology in all its forms has had a clear impact on all areas of daily life, and it has a clear impact on human thought in general, and the architectural space in particular, where the architecture moves from narrow spaces and is limited to new spaces known as the ‘breadth’, and forms of unlimited and stability to spaces characterized with fluidity. The research problem (the lack of clarity of knowledge about the impact of vast information flow associated with the technology of the age in the occurrence of liquidity in contemporary architectural space) is presented here. The research aims at defining fluidity and clarifying the effect of information technology on the changing characteristics of architectural space from solidity to fluidity. The research follows the analytical approach in tracking the concept of fluidity in physics and sociology to define this concept and then to explain the effect of Information Technology (IT) to achieve the fluidity of contemporary architectural space, leading to an analysis of the Skidmore, Owings and Merrill (SOM) architectural model. The research concludes that information technology achieves fluidity through various tools (communication systems, computers, automation, and artificial intelligence). It has changed the characteristics of contemporary architectural space and made it behave like an organism, through using smart material.

scholarly journals The Role of Information Technology in Customer Satisfaction at the Commercial Banks in the State of Kuwait and the Kingdom of Bahrain

2020 ◽  
pp. 47-54
Author(s):  
Fawaz Alhammad
Keyword(s):  
Information Technology ◽  
Customer Satisfaction ◽  
Commercial Banks ◽  
The State ◽  
Questionnaire Data ◽  
Spss Software ◽  
The State Of Kuwait ◽  
The Impact ◽  
Role Of Information

This research intended to identify the role of Information Technology (IT)in customer satisfaction at the commercial banks in the State of Kuwait and the Kingdom of Bahrain. The study used the descriptive analytical approach and the questionnaire to measure the impact of IT on customer satisfaction. After distributing the questionnaire, data then were analyzed using SPSS software and we had the following results: There is no statistically significant impact for the availability of devices on customer satisfaction at the commercial banks in the State of Kuwait and the Kingdom of Bahrain. It was also revealed that there a statistically significant impact for software, databases, human resources, and networks on customer satisfaction at the commercial banks in the State of Kuwait and the Kingdom of Bahrain.

Tools for Promoting Exports

2002 ◽  
Vol 37 (3-4) ◽  
pp. 48-68
Author(s):  
Pradeep Kumar Mehta
Keyword(s):  
Economic Development ◽  
Trade Policy ◽  
Transaction Cost ◽  
Export Performance ◽  
Competitive Market ◽  
Market System ◽  
World Export ◽  
Reform Period ◽  
The Impact

The role of trade policy as a tool of economic development has attained considerable significance in India, specially in the post-reform period. This has happened because the economy has witnessed a tremendous upsurge in the wake of globalisation and driven by a fiercely competitive market system. In this background, the paper examines the amendments incorporated in the basic framework of the five-year trade policy (2002-07) commencing on 31 March 2003. It also takes into account the trade related changes introduced through the Central Budget 2003. The paper has been organized around five major themes of the new trade policy, viz. identifying thrust areas for exports, strengthening vehicles of exports, rationalising incentives, reducing transaction cost, and involving states in export promotion. It attempts to examine the changes under each of them at length. It accesses the impact of these changes on country's export performance during 2003-04 in particular and, towards meeting the objective of one per cent share in world export by March 2007 in general. It also briefly indicates the areas such as labour laws in which the policy failed to take concrete initiatives.

The impact of enterprise risk management on competitive advantage by moderating role of information technology

2019 ◽  
Vol 63 ◽  
pp. 67-82 ◽  
Author(s):  
Parvaneh Saeidi ◽  
Sayyedeh Parisa Saeidi ◽  
Saudah Sofian ◽  
Sayedeh Parastoo Saeidi ◽  
Mehrbakhsh Nilashi ◽  
...  
Keyword(s):  
Information Technology ◽  
Risk Management ◽  
Competitive Advantage ◽  
Enterprise Risk Management ◽  
Enterprise Risk ◽  
The Impact ◽  
Moderating Role ◽  
Role Of Information

Strategic flexibility and SMEs: The role of information technology for managing internal and external relations

2009 ◽  
Vol 12 (1) ◽  
pp. 9-17 ◽  
Author(s):  
Stephen K. Callaway ◽  
Kevin Celuch ◽  
Gregory B. Murphy
Keyword(s):  
Information Technology ◽  
Future Research ◽  
Strategic Flexibility ◽  
Environmental Dynamism ◽  
External Relations ◽  
It Capabilities ◽  
The Impact ◽  
Role Of Information

The purpose of the current study was to assess the impact of information technology on strategic flexibility for small- and medium-sized enterprises (SMEs). Results of the study show that under conditions of low environmental dynamism, IT capabilities are associated with greater reactive strategic flexibility. Specifically, IT capabilities enabling the management of internal activities was significant. Under conditions of high environmental dynamism, IT capabilities are associated with greater proactive strategic flexibility. Specifically, IT capabilities enabling the management of competitor information was significant. Managerial as well as future research implications are discussed.

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