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Science, Technology and Development Vol. 37 (4), 2018
Research Article
The Potential of Internet for Enterprise Creation and Rural Transformation: A Review
George Muganga, Milton Rwangire and Eriah Kambere
 
Abstract: This paper reviews evidence about the potential of internet for enterprises development and rural transformation. It is based on the theory of globalization, particularly economic globalization and specifically the use of the internet. It is noted today, more than ever before that, there is an increasing realization of the potential of internet as a basic need of life and human right. Internet is illustriously used for a variety of reasons that are domestic, commercial and official and is the key driver of development. It offers great opportunities for governance, commerce, education, health, agriculture and entrepreneurship. It is, however, noted that while internet presents a big potential and opportunity for enterprise development and rural transformation, a number of barriers still exist, particularly, in rural areas. These include connectivity, knowledge, skills, electricity and solar power. It is suggested that governments explore a number of policy options including investment in overhead infrastructure and subsidies targeting rural areas. They should also focus innovations on rural affordable technologies tapping into existing low cost options, like use of solar powered ICT equipment, long lasting batteries and power banks, setting up ICT centers in both rural and urban areas and deployment of skilled personnel to maintain the equipment. This paper emphasizes the need for an enabling policy environment and strategic leadership and direction with regard to internet use centering on enterprise creation and rural transformation.
 
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