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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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The Role of Governments in ICT-Based Sustainable Development

This chapter explores how governments can harness ICTs to promote sustainable development. To do so, we will identify two important focal points for governments in charting the way forward. First, within the ICT sector itself, governments should focus upon removing policies that prevent competition and limit innovation. Instead they need to encourage and facilitate the introduction of innovative ICT-based products and solutions. Second, in non-ICT sectors of the economy (agriculture, health, energy, transportation, commerce, etc.), governments need to actively identify barriers to the development of ICT-based products and services. Policies that constrain competition and innovation in non-ICT sectors can be particularly detrimental, indirectly limiting and distorting demand for ICT solutions: thus preventing the most efficient use of ICTs. In many countries, and across most non-ICT sectors, existing regulatory regimes are frozen in time. General reforms of non-ICT markets will thus be complementary or synergistic with reforms that are directly ICT-related, and vice versa. Hence governments need to adapt their vision and objectives of their regulatory regimes. In doing so, they can avoid and remove all barriers to the introduction of innovative ICT-based products and solutions across a wide range of sectors.

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