Open Access
American Research Journal of Business and Management
ISSN (Online): 2379-1047
DOI: 10.46568/arjbm
The Role of Information and Communications Technology in the International Business Development
Abstract
The Business domain experienced significant growth of international business developments with the help of Information
and Communications Technology (ICT) in the past half-century. This paper examines a variety of effects of the ICT on
international business development followed by some drawbacks, which are often termed as the ‘Internet bubble’ in the
recent past. Internet’s effect has been considered by highlighting various widths and breadths of firms’ internationalization
process, such as Human Resources Management, the burgeoning of e-commerce, developing internationalized business
perception, bolstering internationalization capacity, improving business strategy, structure, technology, and so on.
This paper employs a descriptive research design using secondary sources, including books, scholarly articles, business
reports, news portals, and periodicals. This study found an essential linkage between ICT and international businesses
and exhibited that ICT, with some impediments, contributed to the development of global business operations. .
