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Advancing the Concepts & Practices of Information Resources Management in Modern Organizations

ICT Measurement From Information Society to Digital Economy

ICT Measurement From Information Society to Digital Economy
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Author(s): Gulnara Abdrakhmanova (National Research University Higher School of Economics, Russia), Leonid Gokhberg (National Research University Higher School of Economics, Russia)and Alexander Sokolov (National Research University Higher School of Economics, Russia)
Copyright: 2021
Pages: 15
Source title: Encyclopedia of Organizational Knowledge, Administration, and Technology
Source Author(s)/Editor(s): Mehdi Khosrow-Pour D.B.A. (Information Resources Management Association, USA)
DOI: 10.4018/978-1-7998-3473-1.ch034

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Abstract

Information and communication technology has become a major driver of changes in economic, social, public, and private life. Higher speed internet, lower unit prices and smart devices have favoured new and more data-intensive applications. Technology development enables radical changes in business models and creates a background for a new economic paradigm – the digital economy. Identification of key trends in and analysis of digital transformation processes requires reliable statistical data and indicators. Development of relevant international statistics plays a vital role here hence, via establishing and updating harmonised standards. The measurement concepts are to be based on statistical standards covering definitions, classifications, and data collection methodologies ensuring cross-country data comparability. It requires novel methodologies and data collection tools involving alternative data sources. The objective of this paper is to present a systemic overview of established methodological standards as well as new trends towards measuring the digital economy.

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