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ICT-Centric Economic Growth, Innovation and Job Creation

image of ICT-Centric Economic Growth, Innovation and Job Creation

The Sustainable Development Goals (SDGs) embody a universally shared vision of progress towards a safe, just and sustainable space for all human beings. The book, “ICT-centric economic growth, innovation and job creation”, written by leading scholars and experts from around the world, aims to address the challenges and opportunities offered by ICTs in the areas of innovation, governance, education, job creation and economic growth.This book, launched World Telecommunication Development Conference 2017, presents an in-depth roadmap for sustainable economic growth by exploiting the recent developments in information and communication technology (ICT) to create an environment that nourishes ICT-centric innovation and generates new job opportunities. It describes the key elements in the ICT-centric ecosystem for economic growth, innovation and job creation, covering policies, strategies, mechanism and tools that are indispensable in creating and maintaining a healthy, vibrant, adaptable and environmentally friendly setting for sustainable economic growth. It also highlights the roles and responsibilities of different stakeholders in the ICT-centric ecosystem, including governments, industry, academia, investors, entrepreneurs, and citizens. It focusses on discovering and analyzing the multiple interrelations between ICT dynamics and the UN's Sustainable Development Goals (SDGs) established in 2015 as a universal set of goals, targets and indicators that UN Member States will be expected to use to frame their agendas and policies over the next 15 years.

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Job Creation and Sustainable Development

This chapter reviews the evidence generated from academic research on the impact of ICTs on employment. It outlines three types of employment effects: the “construction effect” which yields direct, indirect and induced jobs resulting from the deployment of telecommunication networks and data centers; the “spill-over effect” on jobs in the traditional economy, which can simultaneously lead to new jobs triggered by unlocking scalability in certain sectors while reducing jobs through enhanced productivity in other labor-intensive industries; and the “innovation” effect, which involves creation of new jobs due to the development and introduction of new services and applications such as telemedicine, Internet information searches, electronic commerce, distance education and social networks, new forms of trade and financial intermediation, and the development of new products and services. Additionally, empirical evidence is reviewed on the impact of ICTs on labor conditions, emphasizing positive contributions, such as flexibility and income growth. On the basis of this evidence, public policy prescriptions are outlined to maximize job creation and help mitigate any potential disruptions in labor markets that are likely to occur as a result of the diffusion of ICTs.

English

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