Sustainable development and investment in information technologies: a socio-economic analysis

Manuel João Pereira, Luís Valadares Tavares, Raquel Soares

    Research output: Chapter in Book/Report/Conference proceedingConference contributionpeer-review

    Abstract

    The output of investments in Information Systems and Technologies (IST) has been a topic of debate among the IST research community. The "Productivity Paradox of IST Investments" sustains that the investment in IST does not increase productivity. Some researchers showed that developed countries have been having a rather stable and sometimes declining economic growth despite their efforts in Research and Development (R&D). Other researchers argue that there is sound evidence that investments in IST are having impacts on the productivity and competitiveness of countries. This paper analyses the relationship between IST and R&D investments and the global development of countries (not only productivity of countries) using economic, demographic and literacy independent variables that explain global development. The objective is to research whether R&D and IST investments are critical to the productivity and to global development of the countries. Working at a country level, the research used sixteen socio-economic variables during a period of five years (1995-1999). The research methodology included causal forecast, cluster analysis, factor analysis, discriminant analysis and regression analysis. The conclusion confirms the correlation between the Gross National Product (GNP) and R&D and IST investments. The variables illiteracy rate, life expectancy at birth, Software investment as percentage of GNP and number of patents per 1000 inhabitants can explain the development of a country.

    Original languageEnglish
    Title of host publicationICEIS 2005 - Proceedings of the 7th International Conference on Enterprise Information Systems
    EditorsChin-Sheng Chen, Joaquim Filipe, Isabel Seruca, José Cordeiro
    PublisherSpringer Netherlands
    Pages81-88
    Number of pages8
    ISBN (Print)9728865198, 9789728865191
    DOIs
    Publication statusPublished - 2006
    Event7th International Conference on Enterprise Information Systems, ICEIS 2005 - Miami, FL, United States
    Duration: 25 May 200528 May 2005

    Publication series

    NameICEIS 2005 - Proceedings of the 7th International Conference on Enterprise Information Systems

    Conference

    Conference7th International Conference on Enterprise Information Systems, ICEIS 2005
    Country/TerritoryUnited States
    CityMiami, FL
    Period25/05/0528/05/05

    Keywords

    • Economy
    • Information technology
    • Sustainable development

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