Building Information Communication Technology Infrastructures for Economic Development

Abstract

This paper analyzes the impact of Information Communication Technology (ICT) Infrastructures on economic development through a statistical analysis of data from Saint Vincent and the Grenadines, and a policy analysis of the Workforce Investment Act and Ben Franklin Technology Partners programs in Pennsylvania. In the analysis of Saint Vincent, significant relationships were found between all aspects of ICT programs and a variety of measures of economic development, with the extent of Internet subscribers showing the greatest impact. The analysis of the Pennsylvania programs found that technology-oriented workforce education programs are only successful when there is a demand for related labor skills in the job market. The overall recommendation of this paper is to continue ICT development initiatives while also developing policies that promote collaboration between the public and private sectors, promote development of new technology-based businesses, and assess technology-oriented labor needs

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