Technological Utilization in Africa: How Do Institutions Matter?
Uchenna Efobi and
Evans S. Osabuohien
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Evans S. Osabuohien: Covenant University
Chapter Chapter 5 in Technology and Innovation for Social Change, 2015, pp 67-84 from Springer
Abstract:
Abstract Though quite a lot has been said about the role technology (e.g. Information and Communication Technology – ICT) can play in economic growth of countries, not much is known on how institutions and economic development can influence the relationship especially in Africa where available indicators show low level of ICT utilisation. Based on the above, we examine how institutional quality and economic development can interact to determine the extent of ICT utilisation in 45 African countries. The main results show that a unit improvement in institutional quality and human capital development will advance the level of ICT utilisation. We submit that human capital development that is built on strong institutional quality is crucial if African countries greatly desire to enhance ICT utilisation and optimally experience the associated benefits.
Keywords: Economic development; Human capital; Institutional quality; Sub-Saharan Africa; System GMM (search for similar items in EconPapers)
Date: 2015
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Persistent link: https://EconPapers.repec.org/RePEc:spr:sprchp:978-81-322-2071-8_5
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DOI: 10.1007/978-81-322-2071-8_5
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