The relationship of the GDP and ICT Spending and Investment: Analysis of data between 2006 and 2011 in the Czech Republic

Kód výsledku v IS VaVaI

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Výsledek na webu

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DOI - Digital Object Identifier

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Jazyk výsledku

angličtina

Název v původním jazyce

The relationship of the GDP and ICT Spending and Investment: Analysis of data between 2006 and 2011 in the Czech Republic

Popis výsledku v původním jazyce

The ever-growing importance of corporate informatics has brought in, among others, new and alternative research opportunities in all sectors of the economy. ICT has changed the way we work with information, as well as a number of corporate processes and activities. The importance of ICT is increasing considerably, and can, at least partially, affect macroeconomic variables, and vice versa. The dynamic development of the economy has undoubtedly an effect on ICT spending and investment. The primary aim of this paper is to investigate the relationship between the GDP and ICT spending and investment in the Czech Republic. The secondary objective is to describe the factors that contributed to the observed trend. The data for the analysis were taken from the Czech Statistical Office, which collects all the necessary information. Using statistical analysis of a two-dimensional data set, I have calculated the correlation coefficient and found out that GDP has an impact on ICT spending and investment. The key factors that affect the amount of ICT spending include, besides the GDP indicator, in particular expenditure rationalization during strategic planning, and new trends that are further described in the conclusion of this paper.

Název v anglickém jazyce

The relationship of the GDP and ICT Spending and Investment: Analysis of data between 2006 and 2011 in the Czech Republic

Popis výsledku anglicky

The ever-growing importance of corporate informatics has brought in, among others, new and alternative research opportunities in all sectors of the economy. ICT has changed the way we work with information, as well as a number of corporate processes and activities. The importance of ICT is increasing considerably, and can, at least partially, affect macroeconomic variables, and vice versa. The dynamic development of the economy has undoubtedly an effect on ICT spending and investment. The primary aim of this paper is to investigate the relationship between the GDP and ICT spending and investment in the Czech Republic. The secondary objective is to describe the factors that contributed to the observed trend. The data for the analysis were taken from the Czech Statistical Office, which collects all the necessary information. Using statistical analysis of a two-dimensional data set, I have calculated the correlation coefficient and found out that GDP has an impact on ICT spending and investment. The key factors that affect the amount of ICT spending include, besides the GDP indicator, in particular expenditure rationalization during strategic planning, and new trends that are further described in the conclusion of this paper.

Druh

D - Stať ve sborníku

CEP obor

AE - Řízení, správa a administrativa

OECD FORD obor

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Projekt

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Návaznosti

S - Specificky vyzkum na vysokych skolach

Rok uplatnění

2013

Kód důvěrnosti údajů

S - Úplné a pravdivé údaje o projektu nepodléhají ochraně podle zvláštních právních předpisů

Název statě ve sborníku

Vision 2020: Innovation, Development Sustainability, and Economic Growth Proceedings of The 21st International Business Information Management Association Conference

ISBN

978-0-9860419-0-7

ISSN

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e-ISSN

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Počet stran výsledku

7

Strana od-do

1328-1334

Název nakladatele

International Business Information Management Association (IBIMA)

Místo vydání

Vienna, Austria

Místo konání akce

Vídeň

Datum konání akce

27. 6. 2013

Typ akce podle státní příslušnosti

WRD - Celosvětová akce

Kód UT WoS článku

000339301100140