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The Importance of ICT Sector and ICT University Education for the Economic Development

Authors
Publisher
Elsevier Ltd
Publication Date
Volume
55
Identifiers
DOI: 10.1016/j.sbspro.2012.09.598
Keywords
  • Tertiary Education
  • Ict Related Study Programs
  • Ict Specialists
  • Economic
Disciplines
  • Economics

Abstract

Abstract ICT (Information and Communication Technology) industry is an important contributor to growth almost every economy. Its contribution to the growth represents 5% of GDP and ICT also drive 20% of overall productivity growth in European Union (European Commission, 2010). In order to hold such portion of ICT sector on total GDP in the future, continuous supply of relevant qualified ICT professionals into this industry is required. These new jobs will have to be saturated by adequately qualified ICT specialists but this is not supported by the number of live births. This paper identified the most important factors that influence economic growth through ICT sectors in EU and especially in the Czech Republic.

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