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Innovation in Financing Mechanism of Information and Communication Technology (ICT)
Abstract
This research work presents a conceptual framework used for analyzing financing mechanism for ICT projects. The focus is on developing countries with a focus on bridging digital divide and using ICT services for economic development. This is an effort in achieving millennium development goals, and the conventional financing mechanism of international organizations has been summarized. The aim is to increase the effectiveness of investment, and for the same purpose, a number of new financing mechanisms are devised by funding organization/agencies. These innovative mechanisms have been summarized with special focus on advantages and disadvantages. The graphic illustrations help in understanding fund flow in financing mechanism. These innovative mechanisms are further explained with the help of cases. A number of innovative financing mechanisms have been presented, which can be adopted for ICT projects in developing countries.
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