For the last decade, information and communications technology (ICT) has played a major role in national and international economic growth. Therefore, ICT development has become one of the main economic growth factors for national economies. Developed countries exhibit higher ICT investment than do the developing countries. However, most developing countries have recently realized the importance of ICT investment, such as for building related infrastructures,
maintaining national databases, and enhancing ICT policies. By uncovering evidence of the positive effects on economic growth, many researchers and economists have spurred the movement toward ICT investment. The literature has been growing since the 1990s.