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The IT industry provides essential instruments that make e-business, e-commerce and m-business possible, including not only computer hardware and software but also fixed telephones, mobile telephones, telecommunication equipment and wireless transmission equipment. Even though e-business, ecommerce or m-business impinges on IT goods, this does not necessarily imply that having a local IT producing industry would be an advantage for the local business sector when it moves into e-business or e-commerce. However, when the business sector starts adopting new information and communications technologies in its operations, it relies heavily on local or locally available IT expertise in order to fully realize all the efficiency gains that the Internet makes possible at the level of a single firm as well as at the level of the industry and of the country’s economy as a whole...
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