TY - JOUR
T1 - Investment in information and communication technology in developing countries
T2 - The effect of foreign direct investment: Evidences from sultanate of Oman
AU - Alraja, Mansour Naser
AU - Hammami, Samir
AU - Al Samman, Hazem Mohammed
N1 - Publisher Copyright:
© 2016,Econjournals. All rights reserved.
PY - 2016
Y1 - 2016
N2 - Foreign direct investment (FDI) is a crucial tool developing the economy of any country if it is employed in a proper manner. Moreover,FDI has many effects; and one of them is thriving the information and communication technology (ICT) sector as a pivotal sector which includes four subsectors according to the World Bank (ICT service exports,ICT goods imports,high-technology exports and ICT goods exports). Hence,the aim of this paper is to identify the influence of FDI in thriving the sub-sectors of ICT,as one of the drivers to develop the economy. To accomplish this purpose the statistical data on direct foreign investment and exports and imports of ICT about Sultanate of Oman were collected from 2000-2014 published by the World Bank. Descriptive statistics and simple regression model were used to analyze the collected data and test the hypotheses of the study. The findings show that the planning for FDI is ad-hoc,therefore there should be a obvious view of how to exploit FDI in economy development,especially in transferring of ICT. The paper contributed to the literature by being the first study that attempted to interpret the role of FDI on exports and imports of ICT in Sultanate of Oman.
AB - Foreign direct investment (FDI) is a crucial tool developing the economy of any country if it is employed in a proper manner. Moreover,FDI has many effects; and one of them is thriving the information and communication technology (ICT) sector as a pivotal sector which includes four subsectors according to the World Bank (ICT service exports,ICT goods imports,high-technology exports and ICT goods exports). Hence,the aim of this paper is to identify the influence of FDI in thriving the sub-sectors of ICT,as one of the drivers to develop the economy. To accomplish this purpose the statistical data on direct foreign investment and exports and imports of ICT about Sultanate of Oman were collected from 2000-2014 published by the World Bank. Descriptive statistics and simple regression model were used to analyze the collected data and test the hypotheses of the study. The findings show that the planning for FDI is ad-hoc,therefore there should be a obvious view of how to exploit FDI in economy development,especially in transferring of ICT. The paper contributed to the literature by being the first study that attempted to interpret the role of FDI on exports and imports of ICT in Sultanate of Oman.
KW - Foreign direct investment
KW - High-technology exports
KW - Information and communication technology
KW - Information and communication technology goods
KW - Information and communication technology goods imports
KW - Information and communication technology service exports
KW - Oman
UR - http://www.scopus.com/inward/record.url?scp=84992410746&partnerID=8YFLogxK
M3 - Article
AN - SCOPUS:84992410746
VL - 6
SP - 1632
EP - 1636
JO - International Journal of Economics and Financial Issues
JF - International Journal of Economics and Financial Issues
SN - 2146-4138
IS - 4
ER -