The roll of ICTs sector expanding enconomic opportunity

Historical perspective

The ICTs are the pioners in adressing needs.

The data network was unexistent.

In the past 20 years innovation has acelerated.

Fundamental role of ICT in modern economic.

Reduce transaction costs and thereby improve productivity.

Substitute for other, more expensive means of communicating and transacting

Economic opportunity obstacles

Geographic isolation

Lack of competition and high prices for consumers.

Lack of competition and low prices for producers.

Legal exclusion.

Social capital

The business case for engagement

ICT companies to help the poor get richer is opportunity

As decribed above, ICTs increase efficiency, productivity, abd acces to goods, services, information and markets.

Innovation blowback

Innovation must not only be affordable, reliable, and relevant, it must also have the potentitial to blow back.

Business strategies for the ICT Sector in Expanding Economic Opportunity

The most important way ICT companies can expand economic opportunity is to get those technologies out there and simultaneosly drive the development and diversification of relevant content, applications, and services.

Selling to local markets

Horizontal depending: is about adding new costumers.

Vertical depending: seek to grow markets by connecting, technology more directly to opportunities and services that can increase.