scholarly journals The Microeconomic Impacts of E-Business on the Economy

Author(s):  
James E. Prieger ◽  
Daniel Heil

The use of information and communications technology (ICT) in business—the most expansive definition of e-business—is transforming the world economy. E-business at the microeconomic level of retail, wholesale, and labor market transactions has an enormous impact on the performance of companies and the economic welfare of consumers and workers. The gains in efficiency and economic benefits at the microeconomic level exert influence all the way up to the macroeconomic level of GDP and fiscal and monetary phenomena. However, new policy challenges accompany the rewards from ebusiness in the economy. The economics of e-business are shaped by the way that ICT lowers the cost of transferring, storing, and processing information (Borenstein & Saloner, 2001). When the cost of information falls, there are profound consequences for how firms conduct business with each other, with consumers, and with workers. This article covers both the economic theory that suggests how e-business changes the economy (to understand why e-business has proliferated) and the empirical magnitude of the impacts (to show the economic benefits).

Author(s):  
Daniel Heil ◽  
James E. Prieger

The growing use of information and communications technology (ICT) by business—e-business— has a profound impact on the economy. E-business lowers costs and increases the choices available to consumers and firms. These microeconomic changes work their way through the economy and ultimately influence macroeconomic conditions. Overall, e-business benefits the economy in many ways. Nevertheless, not all the effects of e-business on macroeconomic conditions are positive, and some aspects of e-commerce may limit the effectiveness of monetary policy. E-business changes the macroeconomy in several beneficial ways. Some gains are static in nature, arising from the more efficient use of existing resources. For example, increases in productivity increase a nation’s GDP. In addition, by lowering search and transaction costs, e-business unleashes deflationary pressures (Willis, 2004). Other gains are dynamic, altering the path national growth takes. By lowering the cost of transferring and employing knowledge, ICT enables greater R&D and innovation, which is crucial to long-run economic growth.


2021 ◽  
Author(s):  
Creig Lamb ◽  
Matthew Seddon

As the tech sector continues to grow and emerging technologies from around the world become more common, it is now more important than ever to ensure Canada maintains its position as a growing, prominent tech economy. However, past efforts to define the tech sector, while useful, have almost exclusively focused on the information and communications technology sector. Today, technology has become so ubiquitous across all Canadian industries that this approach understates the true impact that the tech sector has on Canada’s economy. For this report, we developed the first pan-Canadian definition of Canada’s tech sector using a proven methodology that has defined other sectors internationally. It is our goal to identify the composition and accurately measure the impact that Canada’s tech sector has on the economy. Using our more encompassing definition, we found that Canada’s tech sector is exceptionally diverse, ranging from digital technologies to aerospace and pharmaceuticals. The sector is also much broader in size, scope and geography than ever before. It is truly a pan-Canadian sector with pan-Canadian impacts.


2021 ◽  
Author(s):  
Creig Lamb ◽  
Matthew Seddon

As the tech sector continues to grow and emerging technologies from around the world become more common, it is now more important than ever to ensure Canada maintains its position as a growing, prominent tech economy. However, past efforts to define the tech sector, while useful, have almost exclusively focused on the information and communications technology sector. Today, technology has become so ubiquitous across all Canadian industries that this approach understates the true impact that the tech sector has on Canada’s economy. For this report, we developed the first pan-Canadian definition of Canada’s tech sector using a proven methodology that has defined other sectors internationally. It is our goal to identify the composition and accurately measure the impact that Canada’s tech sector has on the economy. Using our more encompassing definition, we found that Canada’s tech sector is exceptionally diverse, ranging from digital technologies to aerospace and pharmaceuticals. The sector is also much broader in size, scope and geography than ever before. It is truly a pan-Canadian sector with pan-Canadian impacts.


Author(s):  
Edward E. Baña ◽  
Runato A. Basañes, PhD

In the advent of CoViD 19 pandemic, education sector around the world try to ensure learning continuity for children and youth through different learning delivery modalities. In most cases, efforts involve the use of various digital platforms featuring educational content, and a variety of educational technology (EdTech) solutions to keep communication and learning spaces as open and stimulating as possible (Moreno & Gortazar, 2020). Realizing the advantages of online learning deliviery of lessons, this study study aimed to determine the readiness of teachers for online learning in the Division of Antique for School Year 2020-2021 as basis for the development of a strategic plan for effective adoption of of online. Specifically, it sought answers to the following questions: Keywords: Online Learning Readiness, Information and Communications Technology, ICT Strategic Plan


2007 ◽  
Vol 2007 ◽  
pp. 1-3
Author(s):  
Stavros Athanasiou ◽  
Eleni Pitsouni ◽  
Christos Iavazzo ◽  
Eirinaios M. Karamanis ◽  
Matthew E. Falagas

Modern information and communications technology has provided medical students and practitioners around the world with a new, valuable, and easy-to-use way to retrieve potentially useful information. Using previously described by our research group methodology, we generated a list of 50 Internet resources in the field of obstetrical and gynecological infections. We believe that the availability of such a list will help in the education of students and clinicians interested in obstetrical and gynecological infections.


Author(s):  
Yolanda Garcia Rodriguez ◽  
Silvia Carrascal Domínguez

ResumenEn el desarrollo del presente texto se muestra una reflexión sobre la in-fluencia que ejercen los espacios y la cultura Maker en la educación. En este sen-tido, la educación se convierte en el vínculo de transmisión de culturas y la escuela se presenta como un lugar privilegiado para el desarrollo de aprendizajes y rela-ciones en espacios de gran diversidad que den respuesta a las demandas sociales. Las nuevas generaciones se forman en un contexto educativo que da mucha im-portancia a las Tecnologías de la Información y la Comunicación, las cuales trans-miten nuevos valores de colaboración y respeto, a través del diseño de nuevos espacios de aprendizaje e intercambio de experiencias. En este sentido, la escuela puede servir para compensar desigualdades y adquirir nuevos conocimientos com-partidos con personas de todo el mundo, favoreciendo entornos de interacción entre los diferentes sistemas sociales, culturales y educativos.AbstractIn the development of this text reflects on the influence spaces and Maker culture in education. In this sense, education becomes the transmission link cul-tures and the school is presented as a privileged place for the development of learning and relationships in areas of great diversity that respond to social de-mands. The new generations are formed in an educational context that gives great importance to information and communications technology, which transmit new values of cooperation and respect, through the design of new spaces for learning and sharing of experiences. In this sense, the school can serve to offset inequali-ties and acquire new shares with people around the world, promoting environments interaction between different social, cultural and education systems.


2019 ◽  
Vol 1 (2) ◽  
pp. 18-22
Author(s):  
Mahnoor Shakeel ◽  
Salwa Jadoon ◽  
Nazia Bashir

Since 1960 world has witnessed a change in the composition of population where developed countries have face aging working population and on the other hand developing countries like Pakistan has been blessed with young working population that has shown the way of potential development in every field .It has been further complemented by the fact that world has entered into “human age” where the driver of development is believed to be the talented individuals rather than capital. The purpose of this paper is to highlight the way Pakistan can adopt to cash the unemployment among its white collar professionals to gain economic benefit on the part of Pakistan as well as to the individuals themselves. The study reaches to the conclusion that skill mobility can provide the means for Pakistan to integrate into the world and generate capital for its development.


Seminar.net ◽  
2016 ◽  
Vol 12 (1) ◽  
Author(s):  
David Hallberg ◽  
Henrik Hansson ◽  
Anders G. Nilsson

This paper explores the reasoning and use of information and communications technology (ICT) in lifelong learning by immigrant women. Data were collected from semi-structured and unstructured interviews. The study was carried out primarily in a school environment, which also makes it possible to draw conclusions about the connection between learning in and outside school environments. Most participants experienced major differences in the use of and access to ICT after moving to their new country. Most women use and access ICT, even if not of their own volition. Providing a summary of some of the benefits and barriers that emerged, our study has shown that it is important to distinguish the way someone reasons about ICT and their actual use of it. No account was taken of cultural differences between the participants’ countries of origin. This study made it possible for the immigrant women to voice their experiences, knowledge, and feelings about their situations in school and in everyday life.


2021 ◽  
pp. 126-141
Author(s):  
Eva Ignatuschtschenko

This chapter discusses a harm concept that enables a more comprehensive assessment of the consequences of cyber crime. Even though harm resulting from cyber crime is not fundamentally different from harm that is caused by other forms of crime or crime in general, the reach, scope, and volume of crime facilitated by information and communications technology have transformed risks posed to individuals, organizations, and nations, and challenge conventional approaches of crime detection and prevention. Assessments of the impact of cyber crime have been focusing on estimating the cost in monetary value. However, most significant harm might not be experienced as a loss of money, but as a disruption or destabilization of systems that are built on trust. This article advocates for a human-centric approach to cyber security, which emphasizes harm mitigation strategies.


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