The idea that the growth of economic activity is linked to investment in the Internet and other ICTs is now well-documented. The Internet is making economic activity more efficient, faster, more affordable, while at the same time, extending social interaction in unparalleled ways. Increasingly, the largest productivity gains for businesses come from using online networks.
E-commerce is perhaps the most concrete evidence of the power of the Internet to create new economic opportunity and to expand the dimensions of traditional business. Indeed, e-commerce has been one of the principal engines promoting the growth of the Internet itself over the last fifteen years.