IT Industry Development and the Knowledge Economy

2006 ◽  
pp. 1-29
Author(s):  
Phillip Ein-Dor ◽  
Michael Myers ◽  
K. S. Raman
Keyword(s):  
Information Technology ◽  
Knowledge Economy ◽  
Developed Countries ◽  
It Use ◽  
It Industry ◽  
Industry Development ◽  
Close Relationship ◽  
Knowledge Intensive ◽  
Industry Success ◽  
Technology Industries

It is generally accepted that knowledge has become a third major factor of production, in addition to the traditional factors — labor and capital. Information technology production is a significant factor in the knowledge economy both because it is a major enabler of that economy and because it is itself highly knowledge intensive. Many countries around the world are looking for ways to promote the development of the knowledge economy, and information technology industries in particular. An important question is to what extent — and how — small developed countries might succeed in this endeavor. This study suggests a modified and more comprehensive version of the Ein-Dor et al. (1997) model of IT (information technology) industry success in small developed countries. Whereas the earlier model of IT industry success was based solely on the macro-economic theory of Grossman and Helpman (1991), the revised model suggested here incorporates Romer’s (1990) work in New Growth economics. A significant advance over earlier work in this area is the use of both longitudinal and time slice data. This article provides an in-depth analysis of the IT industry in four countries over a five-year period: Finland, Israel, New Zealand and Singapore. It analyses some changes that occurred over the period 1994 through 1998 and thus provides a reasonably comprehensive picture of the factors affecting the production of IT in these small developed countries. Our study reveals that four of the five endogenous variables studied have a close relationship to the development of IT industries in small developed countries. These variables are research and development, technological infrastructure, firm strategies, and capital availability. On the other hand, domestic IT use does not seem to be a major factor in IT industry development. Our analysis thus largely supports the more comprehensive model of IT industry success. These findings should be of interest to both researchers and policy makers seeking to develop the knowledge economy and information technology industries in particular.

Information Technology Industry Development and the Knowledge Economy

2011 ◽  
pp. 174-200
Author(s):  
Phillip Ein Dor ◽  
Michael Myers ◽  
K. S. Raman
Keyword(s):  
Information Technology ◽  
Knowledge Economy ◽  
Developed Countries ◽  
Information Technology Industry ◽  
It Industry ◽  
Industry Development ◽  
Technology Industry ◽  
Close Relationship ◽  
Industry Success ◽  
Technology Industries

It is generally accepted that knowledge has become a third major factor of production, in addition to the traditional factors—labor and capital. Information technology production is a significant factor in the knowledge economy both because it is a major enabler of that economy and because it is itself highly knowledge intensive. Many countries around the world are looking for ways to promote the development of the knowledge economy, and information technology industries in particular. An important question is to what extent—and how—small developed countries might succeed in this endeavor.This study suggests a modified and more comprehensive version of the Ein-Dor et al. (1997) model of IT (information technology) industry success in small developed countries. Whereas the earlier model of IT industry success was based solely on the macro-economic theory of Grossman and Helpman (1991), the revised model suggested here incorporates Romer’s (1990) work in New Growth economics. A significant advance over earlier work in this area is the use of both longitudinal and time slice data. This article provides an in-depth analysis of the IT industry in four countries over a five-year period: Finland, Israel, New Zealand and Singapore. It analyses some changes that occurred over the period 1994 through 1998 and thus provides a reasonably comprehensive picture of the factors affecting the production of IT in these small developed countries. Our study reveals that four of the five endogenous variables studied have a close relationship to the development of IT industries in small developed countries. These variables are research and development, technological infrastructure, firm strategies, and capital availability. On the other hand, domestic IT use does not seem to be a major factor in IT industry development. Our analysis thus largely supports the more comprehensive model of IT industry success. These findings should be of interest to both researchers and policy makers seeking to develop the knowledge economy and information technology industries in particular.

IT Industry Success in Small Countries

2002 ◽  
pp. 1-22
Author(s):  
Rebecca Watson ◽  
Michael D. Myers
Keyword(s):  
Information Technology ◽  
New Zealand ◽  
Global Economy ◽  
Developed Countries ◽  
Information Technology Industry ◽  
It Industry ◽  
Technology Industry ◽  
Small Countries ◽  
Major Factors ◽  
Industry Success

Given the importance of the information technology industry in today’s global economy, much recent research has focused on the relative success of small countries in fostering IT industries. This article examines the factors of IT industry success in small developed countries, and compares two such countries, Finland and New Zealand. Finland and New Zealand are alike in many respects, yet Finland’s IT industry is more successful than New Zealand’s. Three major factors that impact on the development of a successful IT industry are identified: the extent of government IT promotion, the level of research and development, and the existence of an education system that produces IT literate graduates.

IT Industry Success in Small Countries

2011 ◽  
pp. 226-251
Author(s):  
Rebecca Watson ◽  
Michael D. Myers
Keyword(s):  
Information Technology ◽  
New Zealand ◽  
Global Economy ◽  
Developed Countries ◽  
Information Technology Industry ◽  
It Industry ◽  
Technology Industry ◽  
Small Countries ◽  
Major Factors ◽  
Industry Success

Given the importance of the information technology industry in today’s global economy, much recent research has focused on the relative success of small countries in fostering IT industries. This case examines the factors of IT industry success in small developed countries, and compares two such countries, Finland and New Zealand. Finland and New Zealand are alike in many respects, yet Finland’s IT industry is more successful than New Zealand’s. Three major factors that impact on the development of a successful IT industry are identified: the extent of government IT promotion, the level of research and development, and the existence of an education system that produces IT-literate graduates.

The Essential Trinity

2014 ◽  
pp. 270-282
Keyword(s):  
Information Technology ◽  
Developing Countries ◽  
The State ◽  
High Tech ◽  
It Industry ◽  
Technology Industries

Successful high-tech industries can be understood as ecosystems of enterprises and related organizations that are geared to develop platforms of global products, processes, and services; these platforms, by turn, are based on solid industrial architectures. This is called the Essential Trinity concept. In this way, the main objective of this chapter is twofold: first, to argue that information technology industries in developing countries, such as Brazil, can be understood through the Essential Trinity concept; and second, to argue also that the main characteristic of this industry in developing countries is that it has been historically organized only in terms of ecosystems of enterprises and related organizations, without developing either platforms of global products, processes, and services, or solid industrial architectures. In order to develop these arguments, the chapter presents the case of the IT industry in the state of Pernambuco (Northeast of Brazil), particularly through the development of its Porto Digital IT Park, as an example of an “unfinished essential trinity.”

scholarly journals Knowledge Economy and Turkey In Terms Of Innovation and Education

2015 ◽  
Author(s):  
Burcu Sakız ◽  
Semih Sakız
Keyword(s):  
Information And Communication Technologies ◽  
Knowledge Economy ◽  
Global Economy ◽  
Information Technologies ◽  
Business Models ◽  
Developed Countries ◽  
Knowledge Based ◽  
Knowledge Based Economy ◽  
Information And Communication ◽  
Knowledge Intensive

Communication and information technologies have started to emerge since the 40s resulting major changes in the way business has been conducted and effected global economy. Transitions to knowledge-intensive business models become popular since late 1950s. Additionally intellectual capabilities become more important than physical inputs. Having sufficient national production and technology to create a welfare society similar to developed countries is crucial for any modern nation. One of the main developmental leverages for the globalization becomes the knowledge based economic approach. Developed by World Bank “Knowledge Assessment Methodology” is very important methodology in order to measure the progress of countries towards having a knowledge based economy. World Bank's four Knowledge Economy pillars: economic and institutional regime, education, innovation, and Information and Communication Technologies (ICTs) developed for countries to make basic assessment of countries’ readiness for the knowledge economy and help them the transition to a Knowledge Economy. In this study, knowledge economy concept and its properties are presented. Furthermore this paper introduces the analysis of knowledge economy from Turkey’s perspective especially for the role of innovation and education pillars in the development of Turkey.

scholarly journals Knowledge Intensive Production: The Case of the Furniture Industry

1970 ◽  
Author(s):  
Paul Harris
Keyword(s):  
Information Technology ◽  
New Zealand ◽  
Knowledge Economy ◽  
Value Added ◽  
Furniture Industry ◽  
High Quality ◽  
Knowledge Intensive ◽  
Forms Of Knowledge ◽  
Value Added Products

New Zealand is currently debating its potential to contribute to what is commonly known as the "knowledge economy". In discussing the knowledge economy, politicians and certain academics tend to reduce it to industries such as information technology and biotechnology. However, both skill and design are forms of knowledge that are incorporated into value-added products such as high quality furniture. Denmark and Italy are two countries that have taken the lead in the export of such products.This paper explores the role of skill and design in the Italian and Danish furniture industry in comparison with developments in the NZ furniture industry.

Barriers to IT Industry Success

2011 ◽  
pp. 277-302
Author(s):  
Mahesh S. Raisinghani ◽  
Mahboob Rahman
Keyword(s):  
Data Processing ◽  
Human Resource Development ◽  
Computer Software ◽  
It Use ◽  
It Industry ◽  
Private Sector Organizations ◽  
The Government ◽  
Industry Success ◽  
Short Time ◽  
Government Production

Information technology (IT), which has evolved from the merger of computers, telecommunications and office automation technologies, is one of the most rapidly growing industries in the world. In Bangladesh, IT use is still in a backward stage in terms of information generation, utilization and applications. A dependable information system has not been developed for the management and operation of the government machinery and large volume of data transactions in the public/private sector organizations. There is a lack of locally and externally generated information needed for the efficient performance of the government, production, trading, service, education, scientific research and other activities of the society. This case study of the IT scenario in Bangladesh discusses the challenges, analyzes the key issues that may be barriers to thesuccess of its IT industry and discusses the inherent strengths which can be used as the launching pad for making Bangladesh a potential offshore source of software and data processing services. Recommended actions have been proposed under ‘short term’ and ‘medium term,’ depending on the priority and importance, and categorized by the fiscal, human resource development, infrastructure and marketing functional areas. The necessary ingredients to become a potential exporter of computer software and data processing services do not currently exist in the required quantum in Bangladesh. If Bangladesh wants to enter into this market, it needs to cross a number of hurdles within a very short time span. Concerted efforts from everybody concerned have to be put in on a war-footing basis, as this sector has the potential to generate the highest revenue for the country.

IT Industry Development and the Knowledge Economy

2004 ◽  
Vol 12 (4) ◽  
pp. 23-49 ◽  
Author(s):  
Phillip Ein-Dor ◽  
Michael Myers ◽  
K.S. Raman
Keyword(s):  
Knowledge Economy ◽  
It Industry ◽  
Industry Development

Information Technology and Microfinance in Developed Countries

2010 ◽  
pp. 302-322
Author(s):  
Glòria Estapé-Dubreuil ◽  
Consol Torreguitart-Mirada
Keyword(s):  
Information Technology ◽  
Information Society ◽  
Social Economy ◽  
Developed Countries ◽  
It Use ◽  
Economic Sectors ◽  
Support Tool ◽  
The Social ◽  
Direct Support ◽  
On Line

As Information Technology becomes increasingly more present in the so called Information Society, its potential to constitute a strategic resource also increases. Whether, and to what extent, strategic changes linked to the adoption of IT have effectively reached specific economic sectors or industries is therefore of interest. This chapter is meant as a contribution in that area, analyzing the relationships between IT and microfinance, focusing on the microfinance sector in Spain. Our study shows that the microfinance sector’s basic IT infrastructures are above the Spanish average. Two main uses of IT tools are revealed: (1) to provide information, both to prospective clients and to those sustaining microfinance, and (2) as a management and support tool, including on-line direct support to would-be entrepreneurs. Strategic use of IT is less widespread, related primarily to financial transparency issues, more clearly shown by MFIs linked to the social economy. Finally, depth of outreach related to the actual IT use in the sector is also discussed.

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