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Information and Communications Technology Development and its Economic Context

Keywords: Business cycle , Development , Gross Domestic Product (GDP) , Information and Communication Technology (ICT) , Innovation , Technological progress

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Abstract:

The contribution deals with economic context of Information a Communications Technology (ICT) development’s analysis. Historical data of ICT revenue in USA for last 53 years were analyzed and were compared with the historical data in Czech Republic, Germany, China, India, Japan and Brazil for last 13 years. The ratio of ICT revenues to GDP was used as proper indicator in the examined countries to reflect the influences of the surrounding progress and define the individual progress stages. The formulation of the progress’ general rules and its prediction was done. It was monitored the dynamics of ICT sales, depending on its form and the influence of global economy.

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