“…The results suggest that ICT diffusion can thus be targeted to improve people's livelihoods, achieve gender equality in labour force participation, and poverty reduction in SSA 19 . Further, in settings where inequality in assets and capital distribution perpetuate poverty ( Fosu, 2015 ), the ICT diffusion can be harnessed in line with enhanced financial access to promote human and socioeconomic development ( Ofori and Asongu, 2021b ; Andrés et al., 2017 ). This is more so as there is a high prospect and growing ecosystem for ICT penetration and innovation, whose economic impacts can reverberate throughout the region resulting in a better livelihood for the masses.…”
Section: Resultsmentioning
confidence: 99%
“…In this study, we identify two channels that are in line with SSA's green growth strategies– information and communication technologies (ICTs) diffusion, and financial development that can be targeted due to their human and socioeconomic development strengths ( Ofori and Asongu, 2021b ; Andrés et al., 2017 ). If the power of financial institutions and ICTs in driving and sustaining economic activity had ever been in doubt, the pandemic refuted it all.…”
The study examines the effectiveness of ICT diffusion and financial development in reducing the severity and intensity of poverty in Sub-Saharan Africa (SSA). Using data from the World Development Indicators and the Global Consumption and Income Project (1980-2019), we provide evidence, robust to several specifications from the dynamic system GMM and the panel corrected standard errors estimation techniques, to show that, compared to financial access, ICT usage, and ICT access, ICT skills is remarkable in reducing both the severity and intensity of poverty. The results further revealed that, though ICT skills reduce poverty, the effect is more pronounced in the presence of enhanced financial development. Policy recommendations are provided in line with the region's green growth agenda and technological progress.
“…The results suggest that ICT diffusion can thus be targeted to improve people's livelihoods, achieve gender equality in labour force participation, and poverty reduction in SSA 19 . Further, in settings where inequality in assets and capital distribution perpetuate poverty ( Fosu, 2015 ), the ICT diffusion can be harnessed in line with enhanced financial access to promote human and socioeconomic development ( Ofori and Asongu, 2021b ; Andrés et al., 2017 ). This is more so as there is a high prospect and growing ecosystem for ICT penetration and innovation, whose economic impacts can reverberate throughout the region resulting in a better livelihood for the masses.…”
Section: Resultsmentioning
confidence: 99%
“…In this study, we identify two channels that are in line with SSA's green growth strategies– information and communication technologies (ICTs) diffusion, and financial development that can be targeted due to their human and socioeconomic development strengths ( Ofori and Asongu, 2021b ; Andrés et al., 2017 ). If the power of financial institutions and ICTs in driving and sustaining economic activity had ever been in doubt, the pandemic refuted it all.…”
The study examines the effectiveness of ICT diffusion and financial development in reducing the severity and intensity of poverty in Sub-Saharan Africa (SSA). Using data from the World Development Indicators and the Global Consumption and Income Project (1980-2019), we provide evidence, robust to several specifications from the dynamic system GMM and the panel corrected standard errors estimation techniques, to show that, compared to financial access, ICT usage, and ICT access, ICT skills is remarkable in reducing both the severity and intensity of poverty. The results further revealed that, though ICT skills reduce poverty, the effect is more pronounced in the presence of enhanced financial development. Policy recommendations are provided in line with the region's green growth agenda and technological progress.
“…We identified that institutions influence perceived ease of use and usefulness, which mediate the impact of institutions on intention to use new technology [ 163 ]. According to our findings, institutions have a significant influence on the intention of public employees to use new technology in terms of ease of use and usefulness, which has a mediating effect on intention to use.…”
The fourth industrial revolution has produced new information technology (IT) that is widely used in the healthcare industry. Although the nature of the institution affects IT adoption, the Technology Acceptance Model (TAM), a dominant theory, has dismissed its role and influence. Our research investigates how institutions influence the adoption of new IT by using the Institution-based Technology Acceptance Model (ITAM). We conducted an empirical test by using survey data collected from 300 employees in the public sector. Structural equation modeling was applied to test the proposed hypotheses. The results showed the total effect of institutions on the intention to use new IT is positive and significant. Second, IT adoption is not only affected by external institutions but also by type of institution; the external institution takes a greater role in inducing perceived usefulness, perceived ease of use, and intention to use than does the internal. Third, perceived ease of use and perceived usefulness play mediating roles between institution and IT adoption. Fourth, an alternative expanded model to which more individual and organizational factors were added confirmed the results of the base model. We concluded that institutions have a strong impact on the level of intention for IT use through perceived ease of use and perceived usefulness.
“…In their study, Alekhina & Ganelli (2020) found that ASEAN countries' inclusive growth is driven by digitalization. Andrés et al(2017) also confirmed that ICT adoption (mobile phone and internet penetration) strongly affects inclusive human development. Moreover, Ali et al (2020) proved that by being digitally included may increase the quality of life.…”
Technology utilization is often considered one of the main drivers promoting inclusive development. As a form of technology utilization, whether using the internet can promote inclusive development has been a concern for researchers and policymakers. Considering geographical connectivity characteristics, we examine the effects of internet penetration on inclusive development by applying spatial econometric models and using data from 34 provinces in Indonesia from 2015 to 2020. This study reveals that encouraging the internet penetration can significantly improves the inclusive development in a province. However, the increase of internet penetration leads to the decrease of inclusive development in neighboring provinces. The digital divide among provinces in Indonesia can be attributed to this phenomenon. This study also indicates a strong positive spatial correlation of inclusive development. Our findings point to the need for policies to promote people's use of the internet to achieve more benefits from development, balance the digital development to reduce the harmful effects of the digital divide, and consider the spatial aspects when making policies to promote inclusive development.
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