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GROWTH IN DIGITAL BUSINESSES
Closely linked to the growth in jobs is the growth in digital businesses. As of 2016, Jordan has a baseline
of 600 digital economy companies according to int@j estimates. In all sectors, approximately 700 new
businesses are created in all sectors every month, representing new businesses, spinoffs from existing
companies and/or universities, and companies coming from outside registering as new companies in
Jordan. Of these companies, it is expected that 10% of these pertain to sectors relevant in the digital
economy. This amounts to 840 businesses annually. From international benchmarks, it can be seen that
approximately half of the companies survive. Assuming that half of these are expected to survive, which
amounts to 420 digital companies created every year. In ten years, this will amount to 3,780 companies.
In addition, 3,000 new digital economy companies are created under Action 5. In total, this amounts to
6,780 digital companies. For the purpose of setting a target, the range of 5,000-7,000 new digital businesses
is set. Digital businesses can be companies in key sectors that venture into the digital economy as well as
newly created digital companies.
FUTURE SOCIO-ECONOMIC INDICATORS
The healthiness of the future society and the attractiveness of an economy are increasingly being measured
in additional socio-economic indicators such as livability, happiness, sustainability and resilience as well as
the potential for social innovation. Actual indicators in this field are at the explorative stage and aim to
capture the socio-economic value the digital economy can deliver. Relevant trackers that Jordan should
be considering are inclusiveness of the digital economy with a specific emphasis on the inclusion of
immigrants and refugees as well as fostering a digital economy that is nationwide rather than focused on
Amman, the empowerment of women, the contribution of the digital economy to the green economy and
as a very important issue the impact of the digitization to improve transparency and working processes of
government and the non-for -profit sector. All of these outcome indicators attract huge international
attention currently and there is significant potential to become a regional leader in demonstrating impact
and solutions that work in the MENA region. International literature point to a number of socio-economic
indicators that could be taken into consideration in the future to track progress. Examples of these
indicators are found below.
Table 6: Indicators related to the social value of the digital economy
Indicator
Source
Impact of ICTs on access to basic services
WEF Global Information Technology index
ICT use & gov’t efficiency
WEF Global Information Technology index
eParticipation
WEF Global Information Technology index
Women in ICT jobs
int@j Industry Statistics Yearbook
Decentralized innovation capacity
consider developing
Impact on green economy
consider developing
Source: WEF Global Information Technology index 2015, int@j Industry Statistics Yearbook 2014
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