Konferenzbeitrag
ICT as a Supporting Factor for Innovation Activities
Development and usage of information and communication technology (ICT) is continuously growing in the last 30 years. The main reason is that ICT has a great potential to improve the efficiency of business processes, to increase the competitiveness, but also to facilitate and drive innovations. Innovation has become a crucial factor for the economic development and ICT offer great opportunities in supporting innovation activities. The goal of the paper is to identify the influence of the usage of the ICT on the innovation activities in European countries. Data for the period of five years (2007-2011) were collected from the European statistical database – Eurostat and Global Competitiveness Report. In order to investigate the ICT impact on the Innovation and sophistication factor subindex of the European countries, we conducted a panel regression analysis. Research results showed that ICT support innovation activities. However, the ICT has the highest impact on the 11th pillar: Business sophistication of the Global Competitiveness Index.
- Language
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Englisch
- Bibliographic citation
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In: Proceedings of the ENTRENOVA - ENTerprise REsearch InNOVAtion Conference, Kotor, Montengero, 10-11 September 2015 ; Year: 2015 ; Pages: 3-10 ; Zagreb: IRENET - Society for Advancing Innovation and Research in Economy
- Classification
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Wirtschaft
Search; Learning; Information and Knowledge; Communication; Belief; Unawareness
Information and Internet Services; Computer Software
- Subject
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Information and Communication Technology
Innovation
European Countries
Regression Analysis
- Event
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Geistige Schöpfung
- (who)
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Zoroja, Jovana
- Event
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Veröffentlichung
- (who)
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IRENET - Society for Advancing Innovation and Research in Economy
- (where)
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Zagreb
- (when)
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2015
- Handle
- Last update
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10.03.2025, 11:42 AM CET
Data provider
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. If you have any questions about the object, please contact the data provider.
Object type
- Konferenzbeitrag
Associated
- Zoroja, Jovana
- IRENET - Society for Advancing Innovation and Research in Economy
Time of origin
- 2015
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