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What is Information and Communication Readiness

Impact of Globalization and Advanced Technologies on Online Business Models
Refer to one’s ability to converse with people through various technologies. Similar to information technology (IT), ICT refers to technology use for regular, everyday tasks: sending an email, making a video call, searching the internet, using a tablet or mobile phone, and more.
Published in Chapter:
Impact of Information and Communication Readiness on the Tourism Industry: A Dynamic GMM Approach
Woon Leong Lin (Taylor's University, Malaysia) and Bee Lian Song (Taylor's University, Malaysia)
DOI: 10.4018/978-1-7998-7603-8.ch012
This study examines the impact of ICT readiness on the tourism industry and how it leads to growing competitiveness by deploying three-panel data analysis techniques (pooled OLS, fixed effects, dynamic GMM) with 177 nations for the period 2011 to 2019. ICT readiness is gauged using the World Economic Forum's Travel and Tourism Competitiveness Index, whereas tourism's contribution towards economic progress is gauged by overall international traveler arrival. The observations indicate that ICT readiness causes a statistically significant effect on tourism's role in economic progress. Tourism policy effects and guidelines for future works are discussed as well.
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