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2018 | OriginalPaper | Chapter

Shift in the Regional Balance of Power from Europe to Asia: A Case Study of ICT Industry

Authors : Zahid Latif, Jianqiu Zeng, Shafaq Salam, Zulfiqar Hussain, Lei Wang, Nasir Jan, Muhammad Salman

Published in: Proceedings of the Eleventh International Conference on Management Science and Engineering Management

Publisher: Springer International Publishing

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Abstract

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 21st 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.

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Metadata
Title
Shift in the Regional Balance of Power from Europe to Asia: A Case Study of ICT Industry
Authors
Zahid Latif
Jianqiu Zeng
Shafaq Salam
Zulfiqar Hussain
Lei Wang
Nasir Jan
Muhammad Salman
Copyright Year
2018
DOI
https://doi.org/10.1007/978-3-319-59280-0_39

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