Towards the Tyrell corporation? Digitisation, firm-size and productivity divergence in Spain
Digitisation has raised concerns about how it can transform the growth of productivity in firms and its divergence around the world. Given that literature has focused mainly on confirming firm productivity gaps, research on the explanatory role of digital-based complementarities in productivity gaps...
| Main Authors: | , , , |
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| Format: | Article |
| Language: | English |
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Elsevier
2022-04-01
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| Series: | Journal of Innovation & Knowledge |
| Subjects: | |
| Online Access: | http://www.sciencedirect.com/science/article/pii/S2444569X22000257 |
| _version_ | 1817981370579812352 |
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| author | Joan Torrent-Sellens Ángel Díaz-Chao Albert-Pol Miró-Pérez Jorge Sainz |
| author_facet | Joan Torrent-Sellens Ángel Díaz-Chao Albert-Pol Miró-Pérez Jorge Sainz |
| author_sort | Joan Torrent-Sellens |
| collection | DOAJ |
| description | Digitisation has raised concerns about how it can transform the growth of productivity in firms and its divergence around the world. Given that literature has focused mainly on confirming firm productivity gaps, research on the explanatory role of digital-based complementarities in productivity gaps has been scarce. This work aims to provide evidence on the digital divide and its causes in small and medium-sized enterprises (SME) and in large firms. Using a sample of 5,840 Spanish SMEs and large firms during the 1991–2016 period, results reflect a growing divergence in total factor productivity, both for SMEs and for large firms. Moreover, they also show that the productivity gap becomes more evident when firms develop digital-based complementarities, particularly those derived from ICT investment, R&D activities and product innovation. Firm strategies and policy implications of the results obtained are also discussed. |
| first_indexed | 2024-04-13T23:05:19Z |
| format | Article |
| id | doaj.art-7fe9c5c508c848069b7fd80e592e3e83 |
| institution | Directory Open Access Journal |
| issn | 2444-569X |
| language | English |
| last_indexed | 2024-04-13T23:05:19Z |
| publishDate | 2022-04-01 |
| publisher | Elsevier |
| record_format | Article |
| series | Journal of Innovation & Knowledge |
| spelling | doaj.art-7fe9c5c508c848069b7fd80e592e3e832022-12-22T02:25:42ZengElsevierJournal of Innovation & Knowledge2444-569X2022-04-0172100185Towards the Tyrell corporation? Digitisation, firm-size and productivity divergence in SpainJoan Torrent-Sellens0Ángel Díaz-Chao1Albert-Pol Miró-Pérez2Jorge Sainz3Faculty of Economics and Business Studies, Open University of Catalonia. Barcelona, SpainApplied Economics Department, Rey Juan Carlos University. Madrid, SpainESERP Business and Law School. Barcelona, SpainApplied Economics Department, Rey Juan Carlos University. Madrid, SpainDigitisation has raised concerns about how it can transform the growth of productivity in firms and its divergence around the world. Given that literature has focused mainly on confirming firm productivity gaps, research on the explanatory role of digital-based complementarities in productivity gaps has been scarce. This work aims to provide evidence on the digital divide and its causes in small and medium-sized enterprises (SME) and in large firms. Using a sample of 5,840 Spanish SMEs and large firms during the 1991–2016 period, results reflect a growing divergence in total factor productivity, both for SMEs and for large firms. Moreover, they also show that the productivity gap becomes more evident when firms develop digital-based complementarities, particularly those derived from ICT investment, R&D activities and product innovation. Firm strategies and policy implications of the results obtained are also discussed.http://www.sciencedirect.com/science/article/pii/S2444569X22000257D24O32Q55 |
| spellingShingle | Joan Torrent-Sellens Ángel Díaz-Chao Albert-Pol Miró-Pérez Jorge Sainz Towards the Tyrell corporation? Digitisation, firm-size and productivity divergence in Spain Journal of Innovation & Knowledge D24 O32 Q55 |
| title | Towards the Tyrell corporation? Digitisation, firm-size and productivity divergence in Spain |
| title_full | Towards the Tyrell corporation? Digitisation, firm-size and productivity divergence in Spain |
| title_fullStr | Towards the Tyrell corporation? Digitisation, firm-size and productivity divergence in Spain |
| title_full_unstemmed | Towards the Tyrell corporation? Digitisation, firm-size and productivity divergence in Spain |
| title_short | Towards the Tyrell corporation? Digitisation, firm-size and productivity divergence in Spain |
| title_sort | towards the tyrell corporation digitisation firm size and productivity divergence in spain |
| topic | D24 O32 Q55 |
| url | http://www.sciencedirect.com/science/article/pii/S2444569X22000257 |
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