the implication of ict on digital economy

This paper aims to describe implication of information and communication technology (ict) on digital economy. the development of the ict sector and the process of digitalization have direct and indirect impacts on the economy. the study highlighted the importance of information and communication technology for digital economy. the paper describes different ways to innovate in a digital economy and explains infrastructure needs of the digital economy. further, this study demonstrates impacts of ict development on economy, society, and policy.