I need assistance on research or studies regarding the quantitative effect of ICT investments on economic performance at both micro (firm) and macro (economy) level. I would also like to find if there are relevant studies focusing on Greek economy.
Best
Georgios L. Vousinas
Dear Georgios,
maybe have a look at Eurostat's ICT statistics (both, enterprises and households) - the model questionnaires contain also questions on investments and/or eCommerce from which you could eventually conclude on economic effects (GDP or similar).
Hope this helps,
Volker
Dear Georgios Vousinas, Thank you very much for asking this very important question.
Thank you very much for making very important inquiries on the Research Gate portal and inspiring important discussions on particularly important issues.
Question:
Can we quantify the ICT effect on the economic performance?
this is a very important issue that requires scientific research.
In my opinion this is an interesting question and it is very good that this question appeared on the research portal Research Gate.
Does anyone from you conduct research in this area?
I answer an interesting question:
Influence of ICT, ie Information and communication technologies on economic processes, on the development of knowledge-based economies is growing. However, it is not easy to measure this effect accurately. It would be necessary to first estimate the share of ICT technology in generated value added, which is a significant part of economic goods produced in the economy.
I invite you to the discussion.
The above discussion inspired me to the following considerations:
ICT technologies, ie Information and communication technologies, are a particularly important determinant of the modern technological revolution known as Industry 4.0.
The current technological revolution known as Industry 4.0 is motivated by the development of the following factors:
- Big Data database technologies,
- cloud computing,
- machine learning,
- Internet of Things,
- artificial intelligence.
On the basis of the development of the new technological solutions mentioned in recent years, the processes of innovatively organized analyzes of large collections of information collected in Big Data database systems dynamically develop.
In my opinion, the fastest-growing business projects are primarily those that are the subject of innovative startups developing dynamically for a minimum period of several years. Startups develop innovative business projects in such areas as: information technology, ICT, Internet, biotechnology, energy, ecology, environmental protection, medicine, agribusiness, etc. In addition, a number of innovative technologies in construction, material, process and marketing innovations have recently been created in the field of smart city, life science, cleantech, medical intelligence and others that are used by companies and corporations operating in various sectors of the national or international economy.
In addition, innovative business projects are also developed in the fields of various fields of information services, advanced data processing, business analytics and the development of teleiform technologies, which together are the pillars of a knowledge-based economy. The current technological revolution known as Industry 4.0 is motivated by the development of the following factors:
Big Data database technologies, cloud computing, machine learning, Internet of Things, artificial intelligence. It is anticipated that in the next years in these fields of science and technology many large startups will be created, which will be developed effectively based on innovative business projects related to the topics mentioned above. On the basis of the development of the new technological solutions mentioned in recent years, the processes of innovatively organized analyzes of large information collections gathered in Big Data database systems dynamically develop.
In each of these areas, many specific design topics can be distinguished, in which business startups develop and reach the minimum level of a medium-sized company or large corporation in a situation of spectacular business success based on a well-designed business and an effectively implemented innovative business project.
I invite you to the discussion
Dear Georgios perhaps have a look into the system of national accounts for your macro economic question.
the greek statistical office should have those data and also eurostat for benchmarking with other eu countries
good luck
jan
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