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Methodological Aspects of Estimation of ICT-Based Economic Development

Author

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  • Alovsat G. ALIYEV

    (Institute of Information Technology of Azerbaijan, National Academy of Sciences)

Abstract

This article is dedicated to methodological aspects of estimation of ICT-based economic development. Information economy development and formation trends in leading foreign countries are analyzed. A comparative analysis of the strategies and trends that form the information economy of Azerbaijan with the developed countries is carried out. In the article comparative analysis of different indicator systems in accordance with formation and assessment of development level of information and knowledge economy is given. Some recommendations about the elimination of problems existing in this field are given. A methodic for calculating Gross Domestic Product (GDP) which forms at the expense of information and knowledge is suggested. A composite index and forming indices, subindices, and indicators system of information and knowledge economy are developed.

Suggested Citation

  • Alovsat G. ALIYEV, 2018. "Methodological Aspects of Estimation of ICT-Based Economic Development," Management Dynamics in the Knowledge Economy, College of Management, National University of Political Studies and Public Administration, vol. 6(2), pages 227-245, June.
    • Handle: RePEc:nup:jrmdke:v:6:y:2018:i:2:227-245
    as

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    References listed on IDEAS

    as
    1. Fathollahi & Farshad Momeni & Nasser Elahi & Seyyed Mohammad Sajjad Najafi, 2017. "Appropriate theoretical framework for understanding and analyzing economic issues in knowledge-based economy," Journal of the Knowledge Economy, Springer;Portland International Center for Management of Engineering and Technology (PICMET), vol. 8(3), pages 957-976, September.
    2. Santos LOPEZ-LEYVA & Ana Bárbara MUNGARAY-MOCTEZUMA, 2017. "Knowledge-Based Economy as a Foundation for the Economic Development of Countries," Management Dynamics in the Knowledge Economy, College of Management, National University of Political Studies and Public Administration, vol. 5(4), pages 481-501, December.
    3. repec:pkp:rokeco:2017:p:7-14 is not listed on IDEAS
    4. Jadranka Švarc & Marina Dabić, 2017. "Evolution of the Knowledge Economy: a Historical Perspective with an Application to the Case of Europe," Journal of the Knowledge Economy, Springer;Portland International Center for Management of Engineering and Technology (PICMET), vol. 8(1), pages 159-176, March.
    5. World Bank, 2014. "A Sector Assessment : Accelerating Growth of High-Speed Internet Services in Azerbaijan," World Bank Publications - Reports 21502, The World Bank Group.
    6. Rasim Mahammad Alguliyev & Alovsat Garaja Aliyev & Vusala Alovsat Abbasova, 2017. "The Study of Formation Characteristics and Development Tendencies of International Information and Knowledge Economy," Review of Knowledge Economy, Conscientia Beam, vol. 4(1), pages 7-14.
    7. Shahid Yusuf, 2015. "Knowledge-based Economic Growth in Kazakhstan," Global Journal of Emerging Market Economies, Emerging Markets Forum, vol. 7(3), pages 257-286, September.
    Full references (including those not matched with items on IDEAS)

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