Impact of ICTs on Innovation Activities: Indication for selected European countries

The development and usage of information and communication technologies (ICTs) has particularly increased in the last two decades, while at the same time showing great potential to improve the efficacy of business processes, facilitate and drive innovations, and therefore increase competitiveness. I...

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Main Author: Zoroja Jovana
Format: Article
Language:English
Published: Sciendo 2016-09-01
Series:Naše Gospodarstvo
Subjects:
Online Access:https://doi.org/10.1515/ngoe-2016-0017
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author Zoroja Jovana
author_facet Zoroja Jovana
author_sort Zoroja Jovana
collection DOAJ
description The development and usage of information and communication technologies (ICTs) has particularly increased in the last two decades, while at the same time showing great potential to improve the efficacy of business processes, facilitate and drive innovations, and therefore increase competitiveness. Innovation activities represent an important factor for social and economic change as well as for increasing competitive advantages at both the national and firm levels. This paper focuses on the role that ICTs play in the innovation performance of selected European countries. Using data drawn from the Eurostat and Global Competitiveness Index (2007–2011) and panel regression analysis, research results indicate that ICTs have a significant impact on business innovation activities.
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spelling doaj.art-13465e64403a4653a715cd10170bce7b2022-12-22T02:41:09ZengSciendoNaše Gospodarstvo2385-80522016-09-01623395110.1515/ngoe-2016-0017ngoe-2016-0017Impact of ICTs on Innovation Activities: Indication for selected European countriesZoroja Jovana0Faculty of Economics and Business, University of Zagreb, CroatiaThe development and usage of information and communication technologies (ICTs) has particularly increased in the last two decades, while at the same time showing great potential to improve the efficacy of business processes, facilitate and drive innovations, and therefore increase competitiveness. Innovation activities represent an important factor for social and economic change as well as for increasing competitive advantages at both the national and firm levels. This paper focuses on the role that ICTs play in the innovation performance of selected European countries. Using data drawn from the Eurostat and Global Competitiveness Index (2007–2011) and panel regression analysis, research results indicate that ICTs have a significant impact on business innovation activities.https://doi.org/10.1515/ngoe-2016-0017information and communication technologyinnovationbusiness sophisticationcompetitivenesseuropean countriesregression analysisc3d8o3
spellingShingle Zoroja Jovana
Impact of ICTs on Innovation Activities: Indication for selected European countries
Naše Gospodarstvo
information and communication technology
innovation
business sophistication
competitiveness
european countries
regression analysis
c3
d8
o3
title Impact of ICTs on Innovation Activities: Indication for selected European countries
title_full Impact of ICTs on Innovation Activities: Indication for selected European countries
title_fullStr Impact of ICTs on Innovation Activities: Indication for selected European countries
title_full_unstemmed Impact of ICTs on Innovation Activities: Indication for selected European countries
title_short Impact of ICTs on Innovation Activities: Indication for selected European countries
title_sort impact of icts on innovation activities indication for selected european countries
topic information and communication technology
innovation
business sophistication
competitiveness
european countries
regression analysis
c3
d8
o3
url https://doi.org/10.1515/ngoe-2016-0017
work_keys_str_mv AT zorojajovana impactofictsoninnovationactivitiesindicationforselectedeuropeancountries