ICT-driven human and knowledge capital development: in search of a new economic development model and policy framework in the networked global economy Online publication date: Wed, 14-Jan-2009
by Syeda-Masooda Mukhtar
J. for International Business and Entrepreneurship Development (JIBED), Vol. 4, No. 1/2, 2009
Abstract: Information and knowledge have emerged as the central strategic factors of economic and social progress. Under the traditional model of development, the transfer of monetary capital and technical know-how from the developed to the developing countries is stipulated to aid economic development and, as a result, the eradication of poverty in the latter. However, the evidence over the past few decades shows that, not only have such policies been ineffective in fulfilling their objectives, they are increasingly peripheral in realising sustainable economic development and prosperity in developing countries. In the new knowledge-based global economy, investment in human capital will be critical in ensuring national growth and competitiveness. Under the new model, the pace of human and knowledge capital development driven by ICTs (information and communication technologies) will determine the pace of economic development.
Existing subscribers:
Go to Inderscience Online Journals to access the Full Text of this article.
If you are not a subscriber and you just want to read the full contents of this article, buy online access here.Complimentary Subscribers, Editors or Members of the Editorial Board of the J. for International Business and Entrepreneurship Development (JIBED):
Login with your Inderscience username and password:
Want to subscribe?
A subscription gives you complete access to all articles in the current issue, as well as to all articles in the previous three years (where applicable). See our Orders page to subscribe.
If you still need assistance, please email subs@inderscience.com
Our Blog 
Follow us on Twitter 
Visit us on Facebook