NAŠE GOSPODARSTVO / 
OUR ECONOMY

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

Jovana Zoroja

Abstract


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.


Keywords


information and communication technology; innovation; business sophistication; competitiveness; European countries; regression analysis

Full Text:

PDF

Refbacks

  • There are currently no refbacks.