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Knowledge Map of the Virtual Economy

Knowledge Map of the Virtual Economy

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Published by IFCpublications
“Knowledge Map of the Virtual Economy,” a study by the World Bank Group’s infoDev program, shows that virtual online currencies and digital work now provide real income opportunities to poor and unskilled workers in developing countries.

The study finds that more than 100,000 people in countries such as China and India earn a living through online games and websites disseminating micro-tasks. Micro-tasks, jobs in the virtual economy, may include categorizing products in online shops, moderating content posted to social media sites, or even playing online games on behalf of wealthier players who are too busy to tend to their characters themselves.

The study estimates that the market for such gaming-for-hire services was worth $3 billion in 2009, and it suggests that with suitable mobile technologies even the least-developed countries could benefit from this emerging virtual economy.

infoDev is a global technology and innovation-led development finance program of the World Bank and IFC. Learn more at www.infodev.org.
“Knowledge Map of the Virtual Economy,” a study by the World Bank Group’s infoDev program, shows that virtual online currencies and digital work now provide real income opportunities to poor and unskilled workers in developing countries.

The study finds that more than 100,000 people in countries such as China and India earn a living through online games and websites disseminating micro-tasks. Micro-tasks, jobs in the virtual economy, may include categorizing products in online shops, moderating content posted to social media sites, or even playing online games on behalf of wealthier players who are too busy to tend to their characters themselves.

The study estimates that the market for such gaming-for-hire services was worth $3 billion in 2009, and it suggests that with suitable mobile technologies even the least-developed countries could benefit from this emerging virtual economy.

infoDev is a global technology and innovation-led development finance program of the World Bank and IFC. Learn more at www.infodev.org.

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Categories:Types, Research
Published by: IFCpublications on Apr 13, 2011
Copyright:Attribution Non-commercial

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12/27/2012

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knowledge mapof the virtual economy
CONVERTINGTHE VIRTUAL ECONOMY INTO DEVELOPMENT POTENTIAL
www.infoDev.org
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KNOWLEDGE MAPOF THE VIRTUALECONOMY
www.infoDev.orgInformation forDevelopment Program
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D pubcAon wen by:
Dr. Vili Lehdonvirta & Dr. Mirko ErnkvistApril 2011
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