Sri Lanka : Innovation, ICT and Competitiveness

Recent history around the world has revealed that ICT can play a crucial role in economic and social development of societies at all levels of development. ICT improves communication and the exchange of knowledge and information necessary for devel...

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Main Author: World Bank
Format: Report
Language:English
en_US
Published: Washington, DC 2015
Subjects:
Online Access:http://documents.worldbank.org/curated/en/2015/09/24742989/sri-lanka-innovation-ict-competitiveness
http://hdl.handle.net/10986/22813
id okr-10986-22813
recordtype oai_dc
spelling okr-10986-228132021-04-23T14:04:10Z Sri Lanka : Innovation, ICT and Competitiveness World Bank BUSINESS ENVIRONMENT COMPETITION ECONOMIC DEVELOPMENT ICT INFORMATION COMMUNICATIONS TECHNOLOGY INFRASTRUCTURES KNOWLEDGE TRANSFER PRODUCT INNOVATIONS PUBLIC SERVICES SEMI-PUBLIC SERVICES SOCIAL DEVELOPMENT Recent history around the world has revealed that ICT can play a crucial role in economic and social development of societies at all levels of development. ICT improves communication and the exchange of knowledge and information necessary for development processes. In other words, ICT has revolutionized the way the society, businesses, and the government interacts, working procedures and processes, as well as product innovations. ‘As an accelerator, driver, multiplier, and innovator, ICT is a powerful if not indispensable tool in the massive scaling up and inter-linkages of development interventions and outcomes.’ Policy makers in Sri Lanka, like those around the world, are concerned with ensuring that the new drivers of competitiveness are a part of the development strategy. However, Sri Lanka’s first mover advantage in opening and transforming its economy has placed it in a fortuitous position of having the luxury to take a holistic and comprehensive approach to ICT development. Such a strategic approach can at once build on past strengths, apply lessons from Sri Lanka and around the world, and enable any course-corrections based on these lessons. The Government’s role in this process, therefore, is to ensure: good network infrastructure (discussed in chapter two), a good business environment (discussed in chapter three), and public and semi-public services (discussed in chapter four). 2015-11-03T16:51:01Z 2015-11-03T16:51:01Z 2015-02-15 Report http://documents.worldbank.org/curated/en/2015/09/24742989/sri-lanka-innovation-ict-competitiveness http://hdl.handle.net/10986/22813 English en_US CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo/ World Bank Washington, DC Economic & Sector Work Economic & Sector Work :: Other Infrastructure Study South Asia Sri Lanka
repository_type Digital Repository
institution_category Foreign Institution
institution Digital Repositories
building World Bank Open Knowledge Repository
collection World Bank
language English
en_US
topic BUSINESS ENVIRONMENT
COMPETITION
ECONOMIC DEVELOPMENT
ICT
INFORMATION COMMUNICATIONS TECHNOLOGY
INFRASTRUCTURES
KNOWLEDGE TRANSFER
PRODUCT INNOVATIONS
PUBLIC SERVICES
SEMI-PUBLIC SERVICES
SOCIAL DEVELOPMENT
spellingShingle BUSINESS ENVIRONMENT
COMPETITION
ECONOMIC DEVELOPMENT
ICT
INFORMATION COMMUNICATIONS TECHNOLOGY
INFRASTRUCTURES
KNOWLEDGE TRANSFER
PRODUCT INNOVATIONS
PUBLIC SERVICES
SEMI-PUBLIC SERVICES
SOCIAL DEVELOPMENT
World Bank
Sri Lanka : Innovation, ICT and Competitiveness
geographic_facet South Asia
Sri Lanka
description Recent history around the world has revealed that ICT can play a crucial role in economic and social development of societies at all levels of development. ICT improves communication and the exchange of knowledge and information necessary for development processes. In other words, ICT has revolutionized the way the society, businesses, and the government interacts, working procedures and processes, as well as product innovations. ‘As an accelerator, driver, multiplier, and innovator, ICT is a powerful if not indispensable tool in the massive scaling up and inter-linkages of development interventions and outcomes.’ Policy makers in Sri Lanka, like those around the world, are concerned with ensuring that the new drivers of competitiveness are a part of the development strategy. However, Sri Lanka’s first mover advantage in opening and transforming its economy has placed it in a fortuitous position of having the luxury to take a holistic and comprehensive approach to ICT development. Such a strategic approach can at once build on past strengths, apply lessons from Sri Lanka and around the world, and enable any course-corrections based on these lessons. The Government’s role in this process, therefore, is to ensure: good network infrastructure (discussed in chapter two), a good business environment (discussed in chapter three), and public and semi-public services (discussed in chapter four).
format Report
author World Bank
author_facet World Bank
author_sort World Bank
title Sri Lanka : Innovation, ICT and Competitiveness
title_short Sri Lanka : Innovation, ICT and Competitiveness
title_full Sri Lanka : Innovation, ICT and Competitiveness
title_fullStr Sri Lanka : Innovation, ICT and Competitiveness
title_full_unstemmed Sri Lanka : Innovation, ICT and Competitiveness
title_sort sri lanka : innovation, ict and competitiveness
publisher Washington, DC
publishDate 2015
url http://documents.worldbank.org/curated/en/2015/09/24742989/sri-lanka-innovation-ict-competitiveness
http://hdl.handle.net/10986/22813
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