Internet Penetration, Innovation in West Africa play Significant Role in Achieving Human Development
Four Covenant University faculty members - Mr. Jeremiah O. Ejemeyovwi, Professor Evans S. Osabuohien, Mr. Olawale D. Johnson and Dr. Ebenezer I. K. Bowale - have submitted that Internet usage, innovation and their interaction have significant and positive relationship with human development.
The researchers, all of the Department of Economics and Development Studies, in their study titled ‘Internet usage, Innovation and Human Development Nexus in Africa: The case of ECOWAS’, unbundled countries of the Economic Community of West African States (ECOWAS) and found that countries like Cape Verde had positive significant coefficient for the three cases examined. The results for some ECOWAS members, according to them, were not significant, while few had significant negative results, which did not have influence on the overall result.
On the basis of their findings, they recommended that West African economies should encourage the utilisation of Internet facilities, encourage innovation (research and development), and encourage the interaction between Internet adoption and innovation since the study had established empirically that the increases in the utilisation and their interactions significantly improved human development within the economic Sub-regional block.
The article, published in Springer Open, had 886 accesses as at Friday, October 4, 2019.
For more on the study, click: https://bit.ly/2nPHGzn