Economic Impact of Information and Communication Technology in Higher Education

Abstract

Developed nations are experiencing economic growth through the advantages associated with Information and Communication Technologies (ICT). Digital resources along with Massive Open Online Courses provide educational opportunities to an ever-expanding population of students. Some areas, however, lack Internet connectivity and are unable to take advantage of ICTs needed to support the demands of global economies. Cloud computing is growing in usefulness as universities are able to work with remote applications and store data on cloud servers. Along with the ubiquitous Web and ICT resources, there is also the risk of too much information, which can negatively impact job performance and satisfaction. Even with reports of faculty concerns in disproportionate amount time needed to offer online courses, the university is experiencing growth in online education, extended opportunities for global education, and a challenge to manage an incessant flow of digital information.