lunes, 20 de febrero de 2017

The role of ICT sector in expanding economic opportunity.

In the past 20 years innovation has accelerated dramatically and it makes able to technology to increases productivity when lots of people have access to it. The fundamental rol of ICT in modern economic are:

  • Reduction of transaction costs and improvement of productivity.
  • Offering immediate connectivit.
  • Substitute for other, more expensive means of communicating and transacting.
  • Increase choice in the marketplace.
  • Provide access to otherwise unavailable goods and services. 
  • Widen the geographic scope of potential markets.
  • It's a channel of knowledge and information.
But also we can easily find the economic opportunity obstacles:
  • Geographic isolation.
  • Lack of competition and high prices for consumers.
  • Lack of competition and low prices for producers.
  • Legal exclusión.
  • Political voice.
  • Social capital.
The bussiness case for engagemnt establishes that ICT companies have a great opportunity when it is about helping the poor get richer because it means the have new and expanding markts. The ICT increase efficiency, productivity and acces to goods, services, information and markets by power (skills) and connectivity (sistem) which equals to a content (high demand for ICT).

Developing and emerging markets can drive innovation, which must be not only afforable realiable and relevant, but have a low total cost of ownership, including power and maintenance costos.. But while innovations are required to tap and grwo low-income markets, they have potentially broad applicability in higher.income segments and in developed countries as well.

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