IDEAS home Printed from https://ideas.repec.org/a/ach/journl/y2018id627.html
   My bibliography  Save this article

Information and communication technologies as a development driver of regions investment attractiveness

Author

Listed:
  • A. Yu. Fadeeva

Abstract

The global course on the digital economy has determined the need to introduce information and communication technologies, in order to improve the business environment and increase regions and a country investment attractiveness. In this regard, the article contains the research, which shows a correlation between the development level of information and communication technologies in the countries of the world and investment indicators such as business conditions (Doing Business), Investment potential (Business Environmental Risk Intelligence) and Investment attractiveness (AT Kearney Foreign Direct Investment Confidence Index). As a result, the research represented a high degree of dependence of these indicators. A high level of information and communication technologies is not only a factor, which contribute investment attractiveness, but also directly affects the countries macroeconomic indicators. The studies in the article show that digitalization can optimize public spending, positively influence GDP, international trade indicators, and reduce unemployment. The information and communication technologies in the investment sphere received a special development through investment portals. For international practice, it is typical that the investment portal is an instrument of active communication and exchange of data with investors, which can affect the initial assessment of investment potential and the adoption of a decision on investment cooperation. The process of creating investment portals in Russian Federation was reflected in the form of one of the requirements of the Regional Investment Standard, which is one of the key projects of the Agency for Strategic Initiatives to create favorable conditions for doing business in the Russian regions. In recent years, there has been a qualitative improvement from nominal portals to full-fledged resources for increasing regions investment attractiveness. However, many regional portals still need a significant improvement in the information and communication components.

Suggested Citation

  • A. Yu. Fadeeva, 2018. "Information and communication technologies as a development driver of regions investment attractiveness," Russian Journal of Industrial Economics, MISIS, vol. 10(4).
    • Handle: RePEc:ach:journl:y:2018:id:627
    DOI: 10.17073/2072-1633-2017-4-377-386
    as

    Download full text from publisher

    File URL: https://ecoprom.misis.ru/jour/article/viewFile/627/581
    Download Restriction: no
    File URL: https://libkey.io/10.17073/2072-1633-2017-4-377-386?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    References listed on IDEAS

    as
    1. World Bank, 2018. "The World Bank Annual Report 2018 [Informe Anual 2018 del Banco Mundial]," World Bank Publications - Books, The World Bank Group, number 30326, August.
    2. World Bank, 2018. "Doing Business 2018," World Bank Publications - Books, The World Bank Group, number 28608, August.
    3. World Bank Group, 2016. "Doing Business 2016," World Bank Publications - Books, The World Bank Group, number 22771, August.
    Full references (including those not matched with items on IDEAS)

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Régis Blazy & Nirjhar Nigam, 2019. "Corporate insolvency procedures in England: the uneasy case for liquidations," European Journal of Law and Economics, Springer, vol. 47(1), pages 89-123, February.
    2. Michael Baltensperger & Uri Dadush, 2019. "The Belt and Road turns five," Russian Journal of Economics, ARPHA Platform, vol. 5(2), pages 136-153, July.
    3. Dejan Djordjevic & Dragan Cockalo & Srdjan Bogetic & Mihalj Bakator, 2021. "Predicting Entrepreneurial Intentions among the Youth in Serbia with a Classification Decision Tree Model with the QUEST Algorithm," Mathematics, MDPI, vol. 9(13), pages 1-27, June.
    4. John W Lang & N. Aldori, 2020. "An Extension to Late Rentierism, using a Comparative Compound Diversification Index, to Show the Movement Towards Mixed Mode Economic Diversification and Development, in the GCC States," Business and Management Studies, Redfame publishing, vol. 6(1), pages 4057-4057, December.
    5. Reypens, Lina & Bacq, Sophie & Milanov, Hana, 2021. "Beyond bricolage: Early-stage technology venture resource mobilization in resource-scarce contexts," Journal of Business Venturing, Elsevier, vol. 36(4).
    6. Csilla Lakatos & Andrea Rucska, 2022. "Health Anxiety Among the Normal Population and Healthcare Professionals in a Highly Disadvantaged Region During Three Waves of COVID-19," European Journal of Social Sciences Articles, Revistia Research and Publishing, vol. 5, ejss_v5_i.
    7. Suresh, Kanesh & Wilson, Clevo & Quayle, Annette & Managi, Shunsuke & Khanal, Uttam, 2024. "Are farmers willing to accept compensation from tourism revenue for elephant crop damage and coexistence support? Evidence from Sri Lanka," Ecological Economics, Elsevier, vol. 224(C).
    8. Hanna Berkel, 2018. "The costs and benefits of formalization for firms: A mixed-methods study on Mozambique," WIDER Working Paper Series wp-2018-159, World Institute for Development Economic Research (UNU-WIDER).
    9. Sanchez, Melissa & Karimi, Matin & Elmalawany, Omar, 2020. "Access to Green Financing: A Case Study of Mexico," MPRA Paper 102347, University Library of Munich, Germany, revised 10 Aug 2020.
    10. Kohnert, Dirk, 2020. "No change in sight - Togo’s Political and Socio-Economic Development (2017 – 2019)," EconStor Open Access Articles and Book Chapters, ZBW - Leibniz Information Centre for Economics.
    11. Yooneui Kim & Youngwan Kim, 2021. "The autonomy of international organizations? The analysis of major powers’ influence over the World Bank’s aid policies," International Area Studies Review, Center for International Area Studies, Hankuk University of Foreign Studies, vol. 24(3), pages 224-240, September.
    12. Abisoye Babajide & Miguel Centeno Brito, 2020. "Powering the Commercial Sector in Nigeria Using Urban Swarm Solar Electrification," Sustainability, MDPI, vol. 12(10), pages 1-19, May.
    13. Nahapetyan Yervand, 2019. "The benefits of the Velvet Revolution in Armenia: Estimation of the short-term economic gains using deep neural networks," Central European Economic Journal, Sciendo, vol. 6(53), pages 286-303, January.
    14. Nasarre-Aznar Sergio, 2018. "Collaborative housing and blockchain," Administration, Sciendo, vol. 66(2), pages 59-82, May.
    15. Rauf, Abdul & Zhang, Jin & Li, Jinkai & Amin, Waqas, 2018. "Structural changes, energy consumption and carbon emissions in China: Empirical evidence from ARDL bound testing model," Structural Change and Economic Dynamics, Elsevier, vol. 47(C), pages 194-206.
    16. Mohamed Yasser Bounnite & Kinmagbaho Wil Hector & Hector Bounnite & Mohamed Yasser, 2024. "The contribution of tax optimization to the improvement of the performance of Beninese MSMEs [La contribution de l'optimisation fiscale à l'amélioration de la performance des MPME Béninoises]," Post-Print hal-04693798, HAL.
    17. Koshy, Perumal, 2019. "Integration into formal enterprise space: Challenges and opportunities for informal sector entrepreneurs," MPRA Paper 95346, University Library of Munich, Germany.
    18. M.A. Véganzonès-Varoudakis & H. T. M. Nguyen, 2018. "Investment climate, outward orientation and manufacturing firm productivity: new empirical evidence," Applied Economics, Taylor & Francis Journals, vol. 50(53), pages 5766-5794, November.
    19. Kohnert, Dirk, 2019. "Togo -2018 : Politique intérieure, affaires étrangères, développement socio-économique [Author's version, in French] [Togo - 2018. In: Adetula, V. et al. (eds.), Africa Yearbook – Politics, economy," MPRA Paper 96970, University Library of Munich, Germany, revised 13 Nov 2019.
    20. Celia Mir Alvarez & Renaud Hourcade & Bertrand Lefebvre & Eva Pilot, 2020. "A Scoping Review on Air Quality Monitoring, Policy and Health in West African Cities," IJERPH, MDPI, vol. 17(23), pages 1-26, December.

    More about this item

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:ach:journl:y:2018:id:627. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Главный контакт редакции (email available below). General contact details of provider: http://misis.ru .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.