How does the level of Education affect Countries’ level of ICT sector Research done by Ksenia Udovitskaya

Introduction

Information & Communications Technology (ICT) has become an important part of the global and individual countries economy. The goal of the research was to find the dependency on how the level of education in a given country affects the level of the ICT in the economy. We tested the following variables: • ICT producing sector core indicator – the proportion (%) of total business sector workforce involved in the ICT sector. (dependent variable) • Education Index – being part of UN Human Development Index (HDI), the scoring system yields 1 as the highest possible theoretical score, indicating perfect education attainment. (independent variable)

Data Collection Method

The data was taken from •  UN Conference on Trade & Development

(UNCTAD Stat) •  United Nations Development Programme

(UNDP) Development Reports

Pre-Research

•  Research Question: – Does education affect ICT sector of

economy? •  Null Hypothesis:

– Education should have a clear affect on ICT sector size

Descriptive Statistics

Description of the model

Correlation The results demonstrate a very weak linear correlation, proving that there is a random, nonlinear relationship between the two variables.

Results Based on the below factors • R-squared = 0,070495

–  Level of ICT workforce in the country is only determined by education by 7%

• P = 0,035455: –  3.5% Probability that there is no relationship between

the 2 variables. We can come to the conclusion, that overall level of education is not the only factor that can affect the ICT level of country’s economy, other factors may include: cost of workforce, ease of doing business, safety of investments, level of intellectual property rights protections, etc.