Journal of Information Processing Systems

Korea Information Processing Society (한국정보처리학회)
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Shift in the Regional Balance of Power From Europe to Asia: A Case Study of ICT Industry

  • Hua, Jin (School of Government, Peking University) ;
  • Latif, Zahid (School of Economics and Management, Beijing University of Posts and Telecommunication) ;
  • Tiyan, Shen (School of Government, Peking University) ;
  • Pathan, Zulfiqar Hussain (School of Economics and Management, Beijing University of Posts and Telecommunication) ;
  • Tunio, Muhammad Zahid (Dept. Computer System Engineering, Dawood University of Engineering and Technology) ;
  • Salam, Shafaq (School of Economics and Management, Beijing University of Posts and Telecommunication) ;
  • Ximei, Liu (School of Economics and Management, Beijing University of Posts and Telecommunication)
  • Received : 2017.04.17
  • Accepted : 2017.08.27
  • Published : 2018.06.30
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Abstract

Information and communication technology (ICT) is increasingly recognized as an important driver of economic growth, innovation, employment and productivity and is widely accepted as a main feature of development. During the last couple of decades, ICT sector became the most innovative service sector that affected the living standards of human beings all over the world. In the beginning of the $21^{st}$ century, some of the Asian countries made reforms in the ICT sector and spent an enormous amount for the progress of this sector. On the other hand, developed countries in the European Union (EU) faced different crises which badly affected the dissemination of this sector. Consequently, EU countries lost their hegemony in the field of information technology and resultantly, some of the emerging Asian countries like China, India, and South Korea got supremacy over the EU in this field. Currently, these countries have a strong IT infrastructure, R&D sector, IT research centers working for the development of ICT. Moreover, this paper investigates reasons for the shifting of the balance of digital power from Europe to Asia.

Keywords

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