Competitiveness of the Philippine IT industry: what lies ahead /
By: Austria, Myrna S.
Series: Vol. 27 No. 2 Second Sem 2000.Description: p.105.Subject(s): Investment Priorities Plan (IPP) | Information Technology Agreement (ITA) | Omnibus Investment Code (OIC) | Technology Research Institute(ITRI)Online resources: Click here to access online In: Journal of Philippine DevelopmentSummary: This paper examines the competitiveness of the Philippine information technology (IT) industry vis-a-vis its emerging competitors and neighboring countries in the region. While the industry boasts of being the largest foreign exchange earner for the country, it suffers from structural weaknesses that, unless addressed, render its long-term competitiveness at risk, especially as the country's competitors are increasing their stake in the world IT market much faster than the country. Infrastructural and institutional bottlenecks and the inadequacy of the educational system to meet the human resource requirements of the industry have remained severe constraints to its long-term growth. In light of the accelerating global technology race, opportunities for the country to upgrade its competitive position have become much more difficult. In this regard, this paper identifies some cross-cutting strategies to lessen or overcome such difficulties and keep the industry's present edge.This paper examines the competitiveness of the Philippine information technology (IT) industry vis-a-vis its emerging competitors and neighboring countries in the region. While the industry boasts of being the largest foreign exchange earner for the country, it suffers from structural weaknesses that, unless addressed, render its long-term competitiveness at risk, especially as the country's competitors are increasing their stake in the world IT market much faster than the country. Infrastructural and institutional bottlenecks and the inadequacy of the educational system to meet the human resource requirements of the industry have remained severe constraints to its long-term growth. In light of the accelerating global technology race, opportunities for the country to upgrade its competitive position have become much more difficult. In this regard, this paper identifies some cross-cutting strategies to lessen or overcome such difficulties and keep the industry's present edge.