Publication:
Knowledge Map of the Virtual Economy: Converting the Virtual Economy into Development Potential

Simple item page
dc.contributor.authorLehdonvirta, Vili
dc.contributor.authorErnkvist, Mirko
dc.date.accessioned2017-06-27T18:17:53Z
dc.date.available2017-06-27T18:17:53Z
dc.date.issued2011-04
dc.description.abstractThe report is structured as follows. The next section introduces the theoretical notion of a 'virtual economy' and explains how it is distinct from other Information and Communication Technology (ICT)-related economic activities. The following sections describe in detail the main areas of the virtual economy, their economic impact, business models and value chains. The two major areas of the existing virtual economy are identified as: 1) third party gaming services and 2) microwork. This report will focus largely on these two distinct but conceptually related areas. Gaming services is an established industry that provides a rich set of evidence for analysis, while microwork is an emerging industry with apparently significant development potential. Other existing activities within the virtual economy are categorized as: 3) marketing related paid-for connections in social media ('cherry blossoming') and 4) user-created virtual goods in virtual environments. These are not covered in detail due to their limited development potential, at least at present. The sixth section analyzes the development potential of the virtual economy. Development potential is here understood as the ability to provide income to local economies through employment and entrepreneurial opportunities. Both short-run opportunities and long-run income development are considered. Development potential also includes the ability to support the development of local ICT infrastructure. In the final section, the report summarizes the key findings, identifies important gaps in current knowledge, and sketches out the scope for possible donor or Non-Governmental Organization (NGO)-led interventions towards maximizing the development potential of the virtual economy.en
dc.identifierhttp://documents.worldbank.org/curated/en/929131468346444204/Plus-knowledge-map-of-the-virtual-economy-converting-the-virtual-economy-into-development-potential
dc.identifier.doi10.1596/27361
dc.identifier.urihttps://hdl.handle.net/10986/27361
dc.languageEnglish
dc.language.isoen_US
dc.publisherWorld Bank, Washington, DC
dc.rightsCC BY 3.0 IGO
dc.rights.holderWorld Bank
dc.rights.urihttp://creativecommons.org/licenses/by/3.0/igo
dc.subject3G
dc.subjectACCESS TO MARKETS
dc.subjectACCESSORIES
dc.subjectACCOUNTING
dc.subjectADOPTION OF INFORMATION
dc.subjectADVERTISEMENTS
dc.subjectADVERTISING
dc.subjectAGRICULTURE
dc.subjectAPI
dc.subjectAPPLICATION PROGRAMMING
dc.subjectAPPLICATION PROGRAMMING INTERFACE
dc.subjectARRAYS
dc.subjectASSETS
dc.subjectAUCTION
dc.subjectBACKBONE
dc.subjectBASIC
dc.subjectBIDS
dc.subjectBONDS
dc.subjectBRAND
dc.subjectBROADBAND
dc.subjectBROADBAND NETWORKS
dc.subjectBUSINESS MODEL
dc.subjectBUSINESS OPPORTUNITY
dc.subjectBUSINESS PROCESS
dc.subjectBUSINESSES
dc.subjectBUYER
dc.subjectC2C
dc.subjectCAPABILITY
dc.subjectCATERING
dc.subjectCD
dc.subjectCHECKS
dc.subjectCOMMERCE
dc.subjectCOMMODITY
dc.subjectCOMMUNICATION TECHNOLOGIES
dc.subjectCOMPUTERS
dc.subjectCOMPUTING
dc.subjectCONSUMER GOODS
dc.subjectCONSUMER RIGHTS
dc.subjectCONSUMER-TO-CONSUMER
dc.subjectCONSUMERS
dc.subjectCONTENT PRODUCTION
dc.subjectCOPYING
dc.subjectCURRENCY
dc.subjectCUSTOMER RELATIONSHIP
dc.subjectCUSTOMER RELATIONSHIP MANAGEMENT
dc.subjectCUSTOMER SERVICE
dc.subjectDELIVERY METHODS
dc.subjectDEVELOPING COUNTRY
dc.subjectDIGITAL
dc.subjectDIGITAL COMMUNICATION
dc.subjectDIGITAL CONTENT
dc.subjectDIGITAL ECONOMY
dc.subjectDIGITAL INFRASTRUCTURE
dc.subjectDIGITAL NETWORKS
dc.subjectDIGITAL SERVICES
dc.subjectDIGITAL TECHNOLOGY
dc.subjectDIRECT MARKETING
dc.subjectDOMESTIC MARKET
dc.subjectDRM
dc.subjectE-COMMERCE
dc.subjectE-COMMERCE SITE
dc.subjectE-MAIL
dc.subjectECOMMERCE
dc.subjectECOMMERCE SITES
dc.subjectECONOMIC ACTIVITY
dc.subjectECONOMIC DEVELOPMENT
dc.subjectECONOMIC HISTORY
dc.subjectECONOMIC SIZE
dc.subjectELECTRONIC PAYMENT
dc.subjectEND-USER
dc.subjectENTERTAINMENT
dc.subjectENTREPRENEURIAL OPPORTUNITIES
dc.subjectENTRY BARRIERS
dc.subjectEQUIPMENT
dc.subjectEXPENDITURE
dc.subjectEXPERT OPINIONS
dc.subjectEXPORTS
dc.subjectFIXED COSTS
dc.subjectFORECASTS
dc.subjectFRAMEWORK FOR DEVELOPMENT
dc.subjectFRAUD
dc.subjectGLOBAL MARKET
dc.subjectGROWTH POTENTIAL
dc.subjectGROWTH RATE
dc.subjectHACKER
dc.subjectHACKING
dc.subjectHARDWARE
dc.subjectHARDWARE MANUFACTURING
dc.subjectHOLDINGS
dc.subjectICT
dc.subjectIMAGES
dc.subjectINCOME
dc.subjectINFORMATION TECHNOLOGY
dc.subjectINFRASTRUCTURE PROVIDERS
dc.subjectINNOVATION
dc.subjectINSTANT MESSAGING
dc.subjectINSTITUTION
dc.subjectINSTRUMENT
dc.subjectINSURANCE
dc.subjectINTANGIBLE
dc.subjectINTERFACE
dc.subjectINTERNATIONAL BANK
dc.subjectINTERNATIONAL DEVELOPMENT
dc.subjectINTERNET SECURITY
dc.subjectIT SERVICES
dc.subjectLESS DEVELOPED COUNTRIES
dc.subjectLICENSE
dc.subjectLICENSE AGREEMENTS
dc.subjectLICENSES
dc.subjectLOCAL ECONOMIES
dc.subjectMARGINAL COST
dc.subjectMARGINAL COST OF PRODUCTION
dc.subjectMARKET ANALYSTS
dc.subjectMARKET CONDITIONS
dc.subjectMARKET ENVIRONMENT
dc.subjectMARKET MAKERS
dc.subjectMARKET OPPORTUNITIES
dc.subjectMARKET POTENTIAL
dc.subjectMARKET RESEARCH
dc.subjectMARKET RESEARCH FIRM
dc.subjectMARKET SHARE
dc.subjectMARKET SIZE
dc.subjectMARKET STRUCTURE
dc.subjectMARKET STUDY
dc.subjectMARKET TRADE
dc.subjectMARKET TRADING
dc.subjectMARKETING
dc.subjectMARKETPLACE
dc.subjectMATERIAL
dc.subjectMEDIA
dc.subjectMONEY ORDER
dc.subjectMONOPOLY
dc.subjectNECESSARY SKILLS
dc.subjectNEGATIVE EXTERNALITIES
dc.subjectNETWORKING
dc.subjectNETWORKS
dc.subjectNEW MARKET
dc.subjectONLINE BUSINESSES
dc.subjectONLINE RETAIL
dc.subjectONLINE RETAILERS
dc.subjectONLINE SERVICES
dc.subjectONLINE STORE
dc.subjectOUTSOURCING
dc.subjectPATTERN RECOGNITION
dc.subjectPAYMENT FLOWS
dc.subjectPAYMENT SERVICES
dc.subjectPAYMENT TRANSACTIONS
dc.subjectPAYOUT
dc.subjectPILOT PROJECTS
dc.subjectPOLITICAL ECONOMY
dc.subjectPRIMARY MARKET
dc.subjectPRIVATE INVESTMENTS
dc.subjectPRIVATE SECTOR
dc.subjectPRIVATE SECTOR DEVELOPMENT
dc.subjectPRODUCTIVITY
dc.subjectPUBLISHING
dc.subjectPURCHASING
dc.subjectQUERIES
dc.subjectREGULATORY FRAMEWORK
dc.subjectREGULATORY POLICY
dc.subjectRELIABILITY
dc.subjectRESULT
dc.subjectRETAIL
dc.subjectREVENUE MODEL
dc.subjectSALE
dc.subjectSEARCH ENGINE
dc.subjectSEARCH RESULTS
dc.subjectSEARCH TERM
dc.subjectSEARCHES
dc.subjectSECONDARY MARKET
dc.subjectSECONDARY MARKET ACTIVITY
dc.subjectSECONDARY MARKET TRADING
dc.subjectSECONDARY MARKET TRANSACTIONS
dc.subjectSERVER
dc.subjectSERVICE MARKET
dc.subjectSERVICE PROVIDERS
dc.subjectSERVICES MARKET
dc.subjectSITES
dc.subjectSOCIAL DEVELOPMENT
dc.subjectSOFTWARE DEVELOPMENT
dc.subjectSTOCKS
dc.subjectSUBSTITUTE
dc.subjectSUNK COSTS
dc.subjectSUPERVISION
dc.subjectSUPPLIER
dc.subjectSUPPLY CHAINS
dc.subjectTAXATION
dc.subjectTELEPHONE
dc.subjectTHIRD-PARTY MARKETPLACES
dc.subjectTRADITIONAL BUSINESS
dc.subjectTRANSACTION
dc.subjectTRANSFORMERS
dc.subjectUSER
dc.subjectUSER INTERFACE
dc.subjectUSERS
dc.subjectUSES
dc.subjectVALUE ADDED
dc.subjectVALUE CHAIN
dc.subjectVERIFICATION
dc.subjectVIDEO
dc.subjectWAGES
dc.subjectWEALTH
dc.subjectWEB
dc.subjectWEB CONTENT
dc.subjectWEBSITE
dc.subjectWHITE PAPER
dc.subjectWHOLESALERS
dc.subjectWORKING HOURS
dc.titleKnowledge Map of the Virtual Economyen
dc.title.subtitleConverting the Virtual Economy into Development Potentialen
dc.typeWorking Paperen
dc.typeDocument de travailfr
dc.typeDocumento de trabajoes
dspace.entity.typePublication
okr.crossref.titleKnowledge Map of the Virtual Economy
okr.date.disclosure2011-09-07
okr.date.doiregistration2025-05-05T11:33:14.514512Z
okr.doctypePublications & Research::Working Paper
okr.doctypePublications & Research
okr.docurlhttp://documents.worldbank.org/curated/en/929131468346444204/Plus-knowledge-map-of-the-virtual-economy-converting-the-virtual-economy-into-development-potential
okr.guid929131468346444204
okr.identifier.externaldocumentum000333037_20110907023818
okr.identifier.internaldocumentum14981379
okr.identifier.report63739
okr.importedtrue
okr.language.supporteden
okr.pdfurlhttp://documents.worldbank.org/curated/en/929131468346444204/pdf/637390WP0Knowl00Box0361524B0PUBLIC0.pdfen
okr.topicPrivate Sector Development::E-Business
okr.topicScience and Technology Development::Technology Innovation
okr.topicInformation and Communication Technologies::ICT Economics
okr.topicInformation and Communication Technologies::Information Technology
okr.unitTrade & Compet - InfoDev (GTCID)
Files
Original bundle
Now showing 1 - 2 of 2
Thumbnail Image
Name:
637390WP0Knowl00Box0361524B0PUBLIC0.pdf
Size:
1.16 MB
Format:
Adobe Portable Document Format
Download
No Thumbnail Available
Name:
637390WP0Knowl00Box0361524B0PUBLIC0.txt
Size:
282.64 KB
Format:
Plain Text
Download
License bundle
Now showing 1 - 1 of 1
No Thumbnail Available
Name:
license.txt
Size:
1.71 KB
Format:
Plain Text
Description:
Download
Collections
Other papers