Prospects of the ICT sector in Greece

Study of the ICT sector in Greece: Current Situation and Future Trends
Deliverable 14: Prospects of the ICT sector in Greece-policy implications
At the level of broader public policies and State’s functioning that could have an
impact on the ICT sector
Boosting entrepreneurship and create financial mechanisms for the initiation of
entrepreneurial activity
Simplification of the institutional and regulatory framework of Public Administration’s
functioning so as to improve the business environment
Increase of the total expenditures on R&D, providing motives (e.g. tax) to the firms
for research collaborations with universities
Greater effort for aligning market needs with academia, so as the graduates fit
market’s requirements best.
Effective allocation and management of the resources under the 4th programming
period, by utilizing the experience and successful mechanisms from the previous CFS
A more stable and simpler tax environment that will facilitate the strategic planning
of the firms
Removal of the barriers for foreign direct investments on the ICT sector
2. Introduction
This report constitutes Deliverable 14 in the context of the “Study of the sectors of
Information Technology and Telecommunications in Greece: Current Situation and Prospects”
and concerns the final report of ICT sector’s prospects in Greece. Drawing from the empirical
data and material that was gathered during the previous stages of the project, the basic
findings are pinpointed. These points concern the current developments and the prospects of
the ICT sector. On the basis of these findings, both the sector’s prospects and the policies
that could support them are illustrated.
The deliverable is constituted by three main sections. In the first section, the general
economic environment is presented at both an international and Greek level. Its objective is
to present the current macroeconomic conditions of the European and Greek economies, to
analyse the basic characteristics of the economic policy, the business climate, and the
estimated changes of the economic figures. The second section primarily refers to the basic
findings for the ICTs market’s structure and the changes that take place, and secondarily to
the basic characteristics of the ICT firms that define their future potential (sources/ obstacles
of growth). These findings further document the estimations for the domestic ICT sector and
the preconditions for its further growth.
October 2006
Observatory for the Greek IS 9