Malaysia's Digital Economy : A New Driver of Development

This report examines three interrelated issues — digital connectivity, digital entrepreneurship, and taxation of digital platforms — that are closely aligned with Malaysia’s goal of becoming the e-commerce hub of the region. By leveraging the internet, smartphones, Big Data, the internet of things,...

Full description

Bibliographic Details
Main Author: World Bank Group
Format: Report
Published: World Bank, Washington, DC 2018
Subjects:
Online Access:http://hdl.handle.net/10986/30383
id okr-10986-30383
recordtype oai_dc
spelling okr-10986-303832021-05-25T09:17:41Z Malaysia's Digital Economy : A New Driver of Development World Bank Group INFORMATION AND COMMUNICATION TECHNOLOGY ICT DIGITAL ECONOMY SMALL AND MEDIUM ENTERPRISES BUSINESS ENVIRONMENT TAX REVENUE BROADBAND TECHNICAL AND VOCATIONAL EDUCATION ACCESS TO FINANCE CONNECTIVITY TAXATION This report examines three interrelated issues — digital connectivity, digital entrepreneurship, and taxation of digital platforms — that are closely aligned with Malaysia’s goal of becoming the e-commerce hub of the region. By leveraging the internet, smartphones, Big Data, the internet of things, artificial intelligence, and other technologies, Malaysia can increase productivity, spur innovation, and improve livelihoods. Digital technologies can drive economic growth in Malaysia through three channels. First, they can promote inclusion by enabling existing firms and entrepreneurs to serve markets that are currently underserved. Second, they can lower costs and increase efficiency for existing firms and entrepreneurs to make them more competitive. And third, they can encourage innovation and scale economies, allowing entirely new forms of business and entrepreneurship to emerge. 2018-09-07T17:06:34Z 2018-09-07T17:06:34Z 2018-09 Report http://hdl.handle.net/10986/30383 CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo World Bank World Bank, Washington, DC Economic & Sector Work :: General Economy, Macroeconomics, and Growth Study Economic & Sector Work East Asia and Pacific Malaysia
repository_type Digital Repository
institution_category Foreign Institution
institution Digital Repositories
building World Bank Open Knowledge Repository
collection World Bank
topic INFORMATION AND COMMUNICATION TECHNOLOGY
ICT
DIGITAL ECONOMY
SMALL AND MEDIUM ENTERPRISES
BUSINESS ENVIRONMENT
TAX REVENUE
BROADBAND
TECHNICAL AND VOCATIONAL EDUCATION
ACCESS TO FINANCE
CONNECTIVITY
TAXATION
spellingShingle INFORMATION AND COMMUNICATION TECHNOLOGY
ICT
DIGITAL ECONOMY
SMALL AND MEDIUM ENTERPRISES
BUSINESS ENVIRONMENT
TAX REVENUE
BROADBAND
TECHNICAL AND VOCATIONAL EDUCATION
ACCESS TO FINANCE
CONNECTIVITY
TAXATION
World Bank Group
Malaysia's Digital Economy : A New Driver of Development
geographic_facet East Asia and Pacific
Malaysia
description This report examines three interrelated issues — digital connectivity, digital entrepreneurship, and taxation of digital platforms — that are closely aligned with Malaysia’s goal of becoming the e-commerce hub of the region. By leveraging the internet, smartphones, Big Data, the internet of things, artificial intelligence, and other technologies, Malaysia can increase productivity, spur innovation, and improve livelihoods. Digital technologies can drive economic growth in Malaysia through three channels. First, they can promote inclusion by enabling existing firms and entrepreneurs to serve markets that are currently underserved. Second, they can lower costs and increase efficiency for existing firms and entrepreneurs to make them more competitive. And third, they can encourage innovation and scale economies, allowing entirely new forms of business and entrepreneurship to emerge.
format Report
author World Bank Group
author_facet World Bank Group
author_sort World Bank Group
title Malaysia's Digital Economy : A New Driver of Development
title_short Malaysia's Digital Economy : A New Driver of Development
title_full Malaysia's Digital Economy : A New Driver of Development
title_fullStr Malaysia's Digital Economy : A New Driver of Development
title_full_unstemmed Malaysia's Digital Economy : A New Driver of Development
title_sort malaysia's digital economy : a new driver of development
publisher World Bank, Washington, DC
publishDate 2018
url http://hdl.handle.net/10986/30383
_version_ 1764471844871602176