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Information Economy Report 2007-2008

Science and Technology for Development - The New Paradigm of ICT

image of Information Economy Report 2007-2008

The world economy is increasingly driven by technological innovations. UNCTAD’s Information Economy Report 2007-2008 analyses the current and potential contributions of information and communications technology (ICT) to knowledge creation and diffusion. It looks at how developing countries use technology to generate innovations that improve the livelihoods of the poor and support enterprise competitiveness. It also examines the impact of ICTs on productivity and growth, international trade and employment in developing countries.

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Introduction: Science and technology for development: the new paradigm of ICT

It is now well established that the capacity to generate, assimilate, disseminate and effectively use knowledge to enhance economic development is crucial for sustainable growth and development, since knowledge forms the basis of technology innovations. In the context of a global economy driven by technological innovations, it is important for developing countries to lay proper foundations for building their capacity to acquire and create knowledge and technology in order to take advantage of the opportunities offered by globalization and, at the same time, to address emerging global challenges.

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