Information Communication And Technology (Ict): An Asset Or Access

Abstract

This study addresses the role of Information and Communication Technology (ICT) in development and enhancing the economic growth in countries where the deployment has been seriously undertaken as a key factor for growth. The study has gone ahead to showcase the various areas ICT can be used, literature and findings also give credence that ICT development has an optimistic advancement on economic growth in the countries wherein a good deployment was noticed and its use noticed within a wide period of time. ICT is seen to be playing major roles in areas such as in innovation, raising productivity and increasing economic development and therefore affects all economic sectors; it serves as both access and asset, it has been promoting progress and as well being access to economic development. The intention of this study is to approximate and determine the impact of ICT on economic development, as an asset and seeing how far it has been an access to economic development in countries where it has been deployed for a considerable interlude of time. This study based on its findings, recommends increasing awareness of ICT and its role in improving activities and services in all fields of human endeavour. It also recommends improving and adopting ICT as a compulsory aid for processing in different institutions and organizations in order to achieve its potential as an asset as well as an access.