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Year 2016, Volume: 6 Issue: 4, 1632 - 1636, 01.09.2016

Abstract

Investment in Information and Communication Technology in Developing Countries: The Effect of Foreign Direct Investment: Evidences from Sultanate of Oman

Year 2016, Volume: 6 Issue: 4, 1632 - 1636, 01.09.2016

Abstract

Foreign direct investment (FDI) is a crucial tool developing the economy of any country if it is employed in a proper manner. Moreover, foreign direct investment has many effects; and one of them is thriving the information and communication technology (ICT) sector as a pivotal sector which includes four sub-sectors according to the World Bank (ICT Service Exports, ICT Goods Imports, High-Technology Exports and ICT Goods Exports). Hence, the aim of this paper is to identify the influence of foreign direct investment in thriving the sub-sectors of information and communication technology, as one of the drivers to develop the economy. To accomplish this purpose the statistical data on direct foreign investment and exports and imports of information and communication technology about Sultanate of Oman were collected from 2000-2014 published by the World Bank. descriptive statistics and Simple regression model were used to analyze the collected data and test the hypotheses of the study. The findings show that the planning for foreign direct investment is ad-hoc, therefore there should be a obvious view of how to exploit foreign direct investment in economy development, especially in transferring of information and communication technology. The paper contributed to the literature by being the first study that attempted to interpret the role of foreign direct investment on exports and imports of information and communication technology in Sultanate of Oman.

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Details

Other ID JA77CZ25MB
Journal Section Research Article
Authors

Mansour Naser Alraja This is me

Samir Hammami This is me

Hazem Mohammed Al Samman This is me

Publication Date September 1, 2016
Published in Issue Year 2016 Volume: 6 Issue: 4

Cite

APA Alraja, M. N., Hammami, S., & Samman, H. M. A. (2016). Investment in Information and Communication Technology in Developing Countries: The Effect of Foreign Direct Investment: Evidences from Sultanate of Oman. International Journal of Economics and Financial Issues, 6(4), 1632-1636.
AMA Alraja MN, Hammami S, Samman HMA. Investment in Information and Communication Technology in Developing Countries: The Effect of Foreign Direct Investment: Evidences from Sultanate of Oman. IJEFI. September 2016;6(4):1632-1636.
Chicago Alraja, Mansour Naser, Samir Hammami, and Hazem Mohammed Al Samman. “Investment in Information and Communication Technology in Developing Countries: The Effect of Foreign Direct Investment: Evidences from Sultanate of Oman”. International Journal of Economics and Financial Issues 6, no. 4 (September 2016): 1632-36.
EndNote Alraja MN, Hammami S, Samman HMA (September 1, 2016) Investment in Information and Communication Technology in Developing Countries: The Effect of Foreign Direct Investment: Evidences from Sultanate of Oman. International Journal of Economics and Financial Issues 6 4 1632–1636.
IEEE M. N. Alraja, S. Hammami, and H. M. A. Samman, “Investment in Information and Communication Technology in Developing Countries: The Effect of Foreign Direct Investment: Evidences from Sultanate of Oman”, IJEFI, vol. 6, no. 4, pp. 1632–1636, 2016.
ISNAD Alraja, Mansour Naser et al. “Investment in Information and Communication Technology in Developing Countries: The Effect of Foreign Direct Investment: Evidences from Sultanate of Oman”. International Journal of Economics and Financial Issues 6/4 (September 2016), 1632-1636.
JAMA Alraja MN, Hammami S, Samman HMA. Investment in Information and Communication Technology in Developing Countries: The Effect of Foreign Direct Investment: Evidences from Sultanate of Oman. IJEFI. 2016;6:1632–1636.
MLA Alraja, Mansour Naser et al. “Investment in Information and Communication Technology in Developing Countries: The Effect of Foreign Direct Investment: Evidences from Sultanate of Oman”. International Journal of Economics and Financial Issues, vol. 6, no. 4, 2016, pp. 1632-6.
Vancouver Alraja MN, Hammami S, Samman HMA. Investment in Information and Communication Technology in Developing Countries: The Effect of Foreign Direct Investment: Evidences from Sultanate of Oman. IJEFI. 2016;6(4):1632-6.