This book demonstrates how creative use of various data analysis methods (e.g., data mining [DM], data envelopment analysis [DEA], and structural equation modeling [SEM]) and conceptual frameworks (e.g., neoclassical growth accounting, chaos and complexity theories) may be utilized for inductive and deductive purposes to develop and to test, in step-by-step fashion, theoretically sound frameworks for a large subset of ICT4D research questions. Specifically, this book showcases the utilization of DM, DEA, and SEM for the following purposes:
The book takes a multi-theoretical perspective to economic development research. It starts with an overview of ICT4D. Next it covers such frameworks and theories as neoclassical growth accounting and the theory of complementarity, complex systems and chaos theories, and the product life cycle (PLC) theory. There are also nontechnical overviews of the DM and data analytic methods that can be used in this research. Also presented is evidence that human capital and investment capital are complementary and are reliable sources of economic growth. The book concludes with methodological frameworks to guide investment decisions and the formulation of strategic policy.
Sergey Samoilenko is an associate professor and the Chair of the Department of Computer Science and Computer Information Systems at Averett University, in Danville, Virginia. Sergey’s current research interests include IT and productivity, data mining, and IS development. He holds his PhD and MS in information systems from Virginia Commonwealth University. He has published in the European Journal of Operational Research, Journal of Global Information Technology Management, International Journal of Production Economics, Expert Systems with Applications, and Information Systems Frontiers, among other journals, as well as in numerous conference proceedings.
Kweku-Muata Osei-Bryson is professor of Information Systems at Virginia Commonwealth University. Previously he was professor of information systems and decision analysis in the School of Business at Howard University, Washington, DC, USA. He has also worked as an information systems practitioner in both industry and government. His research areas include: Data Mining, Decision Support Systems, Knowledge Management, IS Security, e-Commerce, IT for Development, Database Management, IS Outsourcing, Multi-Criteria Decision Making. He has published in various leading journals including: Decision Support Systems, Information Systems Journal, Expert Systems with Applications, European Journal of Information Systems, Information Systems Frontiers, Knowledge Management Research & Practice, Information Sciences, Information & Management, Journal of the Association for Information Systems, Journal of Information Technology for Development, Journal of Database Management, Computers & Operations Research, Journal of the Operational Research Society, & the European Journal of Operational Research.