ICT Policy Reforms for Innovation and Economic Development: A Comparative Study of India and China
And reforms; Economic development; ICT policies; Information and communication technologies; R&D expenditure
The widespread adoption of Information and Communication Technologies (ICTs) has become essential for economic and social growth across the world. This paper aims to examine the impact of ICT policies and reforms on the level of economic development and adoption of ICTs in two countries, India and China. Previous studies have shown the positive impact of ICT adoption on economic growth, productivity, and innovation. However, the effectiveness of specific policy measures in promoting ICT adoption and economic development remains ambiguous to the users of ICT. This paper presents a comparative analysis of the ICT policies and reforms implemented in India and China from 2010 to 2021 and their impact on GDP per capita and internet usage. The study aims to identify and analyze the key ICT policies and reforms implemented in the two countries and examine their impact on economic development. The data for this study have been collected from the World Bank indicators database. The sample consists of the two fastest-growing economies in the world, India and China. The data analysis involves conducting descriptive statistics, correlation, and regression analysis to examine the relationship between ICT policies and reforms and their impact on GDP per capita, internet usage, and research and development expenditure. The findings of this study will contribute to the existing literature on the relationship between ICTs and economic development and provide insights into the policy measures that can promote ICT adoption and economic growth in different contexts. The Author(s), under exclusive license to Springer Nature Singapore Pte Ltd. 2024.
Smart Innovation, Systems and Technologies, Vol-379, pp. 131-139.
Springer Science and Business Media Deutschland GmbH
Das S., School of Commerce, Finance and Accountancy, CHRIST (Deemed to be University), Bengaluru, India; Joseph J.J., School of Commerce, Finance and Accountancy, CHRIST (Deemed to be University), Bengaluru, India