The Importance of Digital Skills in Firms’ Innovation: The Case of Western Balkans
This study analyzes data from 998 SMEs in the Western Balkans using probit regression analysis to explore the significance of digital skills in driving innovation. The findings indicate that variables such as offering staff training, operating in different Western Balkan countries (compared to the...
| Main Authors: | , |
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| Format: | Article |
| Language: | English |
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Universidad Alberto Hurtado
2023-10-01
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| Series: | Journal of Technology Management & Innovation |
| Subjects: | |
| Online Access: | https://www.jotmi.org/index.php/GT/article/view/4241 |
| _version_ | 1827397528016912384 |
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| author | Lura Rexhepi Mahmutaj Nora Jusufi |
| author_facet | Lura Rexhepi Mahmutaj Nora Jusufi |
| author_sort | Lura Rexhepi Mahmutaj |
| collection | DOAJ |
| description |
This study analyzes data from 998 SMEs in the Western Balkans using probit regression analysis to explore the significance of digital skills in driving innovation. The findings indicate that variables such as offering staff training, operating in different Western Balkan countries (compared to the reference category), being in the manufacturing sector, and implementing concrete measures for digital skills have statistically significant effects on firms' probability of innovating. These results offer valuable insights to businesses, encouraging them to capitalize on the opportunities presented by emerging digital technologies and the ongoing trend of digitalization across industries. This study confirms the pivotal role of digital skills to the development of innovative products and services, enhancing business performance and our understanding of the interconnectedness between digital technologies, innovation, and digital skills in SMEs.
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| first_indexed | 2024-03-08T19:09:47Z |
| format | Article |
| id | doaj.art-8861b48083904195bb23192642756adf |
| institution | Directory Open Access Journal |
| issn | 0718-2724 |
| language | English |
| last_indexed | 2024-03-08T19:09:47Z |
| publishDate | 2023-10-01 |
| publisher | Universidad Alberto Hurtado |
| record_format | Article |
| series | Journal of Technology Management & Innovation |
| spelling | doaj.art-8861b48083904195bb23192642756adf2023-12-27T20:50:11ZengUniversidad Alberto HurtadoJournal of Technology Management & Innovation0718-27242023-10-0118310.4067/S0718-27242023000300098The Importance of Digital Skills in Firms’ Innovation: The Case of Western BalkansLura Rexhepi Mahmutaj0Nora Jusufi1University of Prishtina “Hasan Prishtina” Department of Management, Faculty of Economics, Prishtina, Republic of KosovoUniversity of Prishtina “Hasan Prishtina” Department of Management, Faculty of Economics, Prishtina, Republic of Kosovo This study analyzes data from 998 SMEs in the Western Balkans using probit regression analysis to explore the significance of digital skills in driving innovation. The findings indicate that variables such as offering staff training, operating in different Western Balkan countries (compared to the reference category), being in the manufacturing sector, and implementing concrete measures for digital skills have statistically significant effects on firms' probability of innovating. These results offer valuable insights to businesses, encouraging them to capitalize on the opportunities presented by emerging digital technologies and the ongoing trend of digitalization across industries. This study confirms the pivotal role of digital skills to the development of innovative products and services, enhancing business performance and our understanding of the interconnectedness between digital technologies, innovation, and digital skills in SMEs. https://www.jotmi.org/index.php/GT/article/view/4241Digital skillsInnovationSmall and medium-sized enterprisesWestern Balkans |
| spellingShingle | Lura Rexhepi Mahmutaj Nora Jusufi The Importance of Digital Skills in Firms’ Innovation: The Case of Western Balkans Journal of Technology Management & Innovation Digital skills Innovation Small and medium-sized enterprises Western Balkans |
| title | The Importance of Digital Skills in Firms’ Innovation: The Case of Western Balkans |
| title_full | The Importance of Digital Skills in Firms’ Innovation: The Case of Western Balkans |
| title_fullStr | The Importance of Digital Skills in Firms’ Innovation: The Case of Western Balkans |
| title_full_unstemmed | The Importance of Digital Skills in Firms’ Innovation: The Case of Western Balkans |
| title_short | The Importance of Digital Skills in Firms’ Innovation: The Case of Western Balkans |
| title_sort | importance of digital skills in firms innovation the case of western balkans |
| topic | Digital skills Innovation Small and medium-sized enterprises Western Balkans |
| url | https://www.jotmi.org/index.php/GT/article/view/4241 |
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