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Shift in the Regional Balance of Power From Europe to Asia: A Case Study of ICT Industry
Hua, Jin,Latif, Zahid,Tiyan, Shen,Pathan, Zulfiqar Hussain,Tunio, Muhammad Zahid,Salam, Shafaq,Ximei, Liu Korea Information Processing Society 2018 Journal of information processing systems Vol.14 No.3
Information and communication technology (ICT) is increasingly recognized as an important driver of economic growth, innovation, employment and productivity and is widely accepted as a main feature of development. During the last couple of decades, ICT sector became the most innovative service sector that affected the living standards of human beings all over the world. In the beginning of the $21^{st}$ century, some of the Asian countries made reforms in the ICT sector and spent an enormous amount for the progress of this sector. On the other hand, developed countries in the European Union (EU) faced different crises which badly affected the dissemination of this sector. Consequently, EU countries lost their hegemony in the field of information technology and resultantly, some of the emerging Asian countries like China, India, and South Korea got supremacy over the EU in this field. Currently, these countries have a strong IT infrastructure, R&D sector, IT research centers working for the development of ICT. Moreover, this paper investigates reasons for the shifting of the balance of digital power from Europe to Asia.
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Shift in the Regional Balance of Power From Europe to Asia: A Case Study of ICT Industry
Jin Hua,Zahid Latif,Shen Tiyan,Zulfiqar Hussain Pathan,Muhammad Zahid Tunio,Shafaq Salam,Liu Ximei 한국정보처리학회 2018 Journal of information processing systems Vol.14 No.3
Information and communication technology (ICT) is increasingly recognized as an important driver ofeconomic growth, innovation, employment and productivity and is widely accepted as a main feature ofdevelopment. During the last couple of decades, ICT sector became the most innovative service sector thataffected the living standards of human beings all over the world. In the beginning of the 21st century, some ofthe Asian countries made reforms in the ICT sector and spent an enormous amount for the progress of thissector. On the other hand, developed countries in the European Union (EU) faced different crises which badlyaffected the dissemination of this sector. Consequently, EU countries lost their hegemony in the field ofinformation technology and resultantly, some of the emerging Asian countries like China, India, and SouthKorea got supremacy over the EU in this field. Currently, these countries have a strong IT infrastructure,R&D sector, IT research centers working for the development of ICT. Moreover, this paper investigatesreasons for the shifting of the balance of digital power from Europe to Asia.
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