CREATING ECONOMIC VALUE ADDED THROUGH ENABLING TECHNOLOGIES

Article type: Research Article

Authors: Scheel, C.

Affiliations: EGADE – Monterrey Institute of Technology Monterrey, Nuevo Leon, Mexico

Abstract: The most effective economic impact of Information, Telecommunications and Computer Technologies (ICTs) on the competitive performance of a company is achieved when technologies are used to enable synergies among companies' core business activities, their supporting industrial structures and their external drivers, all together under a holistic framework and a common strategic vision of high competitiveness performances. Within this framework, it is possible to identify the effective influence of technological enablers over the regional macroeconomic drivers, the attractiveness of industrial sectors, their related and complementary industries, the strategic performance of individual companies, and, finally, over specific core processes of the business units, so as to create unique industrial competitive drivers. The purpose of this paper is to identify the ICT mechanisms, systems and strategies capable of creating effective economic value added, wealth and shared prosperity for firms, for their industrial sectors and for the communities of regions mainly of less developed countries.

Keywords: enabling technologies, competitive performance, economic value added

Journal: Journal of Integrated Design & Process Science, vol. 9, no. 4, pp. 41-59, 2005