2017
DOI: 10.1787/a9b53784-en
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Determinants of digital technology use by companies

Abstract: This paper was authored by Timothy DeStefano, Koen De Backer and Laurent Moussiegt of the OECD Secretariat. The Committee on Industry, Innovation and Entrepreneurship (CIIE) approved and declassified the first component of this report on the 7 th of March 2016 and the second component on the 12 th of November 2016 as part of its work on "Enabling the Next Production Revolution: the future of Manufacturing and Services". Note to Delegations: The two papers which make up most of this document are also available … Show more

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Cited by 4 publications
(3 citation statements)
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References 38 publications
(61 reference statements)
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“…As expected, the coefficient of adopting safe distance (health precautions) and inventory variables are positive and statistically significant, suggesting that firms adhering to safe distancing and keeping inventories are more likely to invest in digital solutions. This finding confirms the results of DeStefano et al (2017), which revealed that firm size encourages adopting digital technology. The coefficient of revenue decreasing dummy variable is negative and statistically significant, indicating that a firm that suffers from revenues reduction is less likely to invest in digitization.…”
Section: Empirical Results and Discussionsupporting
confidence: 91%
“…As expected, the coefficient of adopting safe distance (health precautions) and inventory variables are positive and statistically significant, suggesting that firms adhering to safe distancing and keeping inventories are more likely to invest in digital solutions. This finding confirms the results of DeStefano et al (2017), which revealed that firm size encourages adopting digital technology. The coefficient of revenue decreasing dummy variable is negative and statistically significant, indicating that a firm that suffers from revenues reduction is less likely to invest in digitization.…”
Section: Empirical Results and Discussionsupporting
confidence: 91%
“…Since the financial crisis, many OECD countries have been struggling with sluggish productivity growth that appears to be driven in part by lower levels of firm dynamism and innovation (Berlingieri et al, 2017;Decker et al, 2016). In terms of innovation, the rate of technological change is occurring faster and the product lifecycle is shortening, meaning that if firms fail to keep up with inventiveness and technology change, they may quickly fall behind (DeStefano et al, 2017;OECD, 2015;McGrath, 2013).…”
Section: Introductionmentioning
confidence: 99%
“…In seguito alla crisi finanziaria, numerosi Paesi dell'OCSE si sono trovati a fronteggiare una crescita lenta della produttività, che appare in parte determinata da livelli più bassi d'innovazione e dinamismo aziendale (Berlingieri et al, 2017;Decker et al, 2016). In termini d'innovazione, il ritmo dell'evoluzione tecnologica si è accelerato e il ciclo di vita dei prodotti si sta accorciando; ne consegue che le imprese rischiano di perdere rapidamente terreno se non riescono a tenersi al passo con l'inventività e le nuove tecnologie (DeStefano et al, 2017;OECD, 2015e McGrath, 2013.…”
Section: Introduzioneunclassified