Does digitalization affect the contribution of entrepreneurship to economic growth?

Ivanović-Đukić, Maja; Stevanović, Tatjana; Rađenović, Tamara

doi:10.18045/zbefri.2019.2.653

Cited by 10 publications

(6 citation statements)

References 0 publications

Supporting

Mentioning

Contrasting

Order By: Relevance

“…Jovanovic et al [16] and Luchko [40] consider that the cultural habits of each state are also determinants in the process of digitalisation. Using Hofstede's cultural dimensions [41], they conclude that countries with a high level of individualism and hierarchy, and a higher propensity to take risks and live life experiences, have a higher level of digitisation of the economy [42]. In contrast, digitalisation is lower in traditional and future-oriented societies.…”

Section: Literature Reviewmentioning

confidence: 99%

Convergence and the Matthew Effect in the European Union Based on the DESI Index

et al. 2022

View full text Add to dashboard Cite

The European Commission (EC) has monitored Member States' digital progress through the Digital Economy and Society Index (DESI) since 2014. The DESI index currently ranks the EU Member States and monitors their progress based on four core and 33 individual indicators. We sought to determine whether convergence between the Member States could be detected using the DESI’s annual databases. By examining the variation in the indices, we propose the existence of a so-called “Matthew effect”, i.e., the “rich get richer” syndrome among the 27 EU Member States. We also hypothesised that the COVID-19 pandemic would influence the change in the DESI. Issues investigated were those using bibliometric, statistical-mathematical methods. The σ-convergence analysis was used to estimate the reduction over time of the differences between the Member States, while the β-convergence analysis was used to estimate the rate of catching up with the initial level of development. A PCA analysis was performed to verify the Mathew effect with additional λ-variances considering real GDP per capita change. The σ-convergence was confirmed over the period 2016–2021. The β-convergence was significantly confirmed, and the research also revealed that the half-life of catching up is approximately 20 years. The suggestion of a Matthew effect in the 2016–2021 period, although not significantly confirmed, tends to suggest its existence. The COVID-19 pandemic’s impact on the value of the DESI index is likely to be affected, but future studies are needed to find support for this hypothesis. The study concludes that convergence between the EU-27 Member States can be detected based on the DESI, but this does not imply convergence for all four core DESI indicators.

show abstract

Section: Literature Reviewmentioning

confidence: 99%

Convergence and the Matthew Effect in the European Union Based on the DESI Index

et al. 2022

View full text Add to dashboard Cite

show abstract

“…Digital technologies have an impact on business process because they enable the reduction of costs of production and the creation of new products [70,71], which strengthens competition and enables the companies to maintain their position in the market [68]. As a consequence, digitalization has a positive impact on productivity [72], growth of sale [10,73], exportation [74], and profit [75], which are reflected in the level of economy with higher economic growth [76,77]. Digitalization provides companies with more options for financing, for example, crowdfunding platforms [78].…”

Section: Digital Transformationmentioning

confidence: 99%

Sustainable Business Practices and the Role of Digital Technologies: A Cross-Regional Analysis

Plečko,

Bradač Hojnik

2024

Systems

View full text Add to dashboard Cite

This study examines the relationship between digital transformation and sustainable practices within enterprises against the backdrop of global transformative forces framed within the holistic paradigm of systems thinking. It examines the extent to which digital advances either facilitate or impede the sustainable development of companies, while also considering the systemic impact of demographic variables (such as gender, age, education), national income levels, and geographical regions on business sustainability. Using data from the Global Entrepreneurship Monitor (GEM), which encompasses 26,790 entrepreneurs in 47 countries, this research uses multinomial regression to assess how these factors influence companies’ commitment to social and environmental goals. A key finding is that the strategic use of digital technologies in sales processes significantly increases the likelihood that entrepreneurs will integrate social and environmental considerations into their decision-making. Notably, this conscientious approach to business is most prevalent among entrepreneurs in Latin America and the Caribbean. Our findings underscore the central role of digital technologies in driving sustainable business transformation while also highlighting the significant influence of regional socio-environmental contexts on business sustainability orientations.

show abstract

“…Now, it becomes evident that businesses need to respond flexibly to threats and challenges and that business processes of enterprises and government agencies need to be digitalized. When analyzing the impact of digitalization on economic growth, we considered general theoretical issues (Cavallo & Ghezzi, 2021; Georgescu, Androniceanu, Kinnunen, & Dragulanescu, 2021; Ivanovic-Dukic, Stevanovic, & Radenovic, 2019; Novikova, Khandii, Shamileva, & Olshanskyi, 2022) and studies in which scholars investigated this impact at the regional level (Habibi & Zabardast, 2020; Hosan, Karmaker, Rahman, Chapman, & Saha, 2022; Iddrisu & Chen, 2022; Myovella, Karacuka, & Haucap, 2020; Nguyen, 2021; Vyshnevskyi, Stashkevych, Shubna, & Barkova, 2020).…”

Section: Literature Reviewmentioning

confidence: 99%

Challenges of the MSE sector in the digital economy in Poland and Ukraine: comparative and statistical analysis

Remlein,

Chugaievska,

Dehnel

et al. 2023

CEMJ

View full text Add to dashboard Cite

PurposeThe authors aimed to examine how the level of digitalization in Poland and Ukraine affects the contribution of small and medium-sized enterprises (SMEs) to the countries’ gross domestic product (GDP).Design/methodology/approachThe study involved a comparative analysis and statistical modeling of the impact of key economic factors on the contribution of SMEs to Poland’s and Ukraine’s GDP in the 2010–2020 period. The authors used principles of the theory of economic growth and calculated the coefficient of digital competitiveness as a composite indicator consisting of a number of global indices.FindingsThe study revealed significant differences between both countries, which can be attributed to a higher level of digitalization in Polish SMEs. The authors used the Polish experience to recommend how to reform Ukraine’s digital economy in postwar recovery.Originality/valueThe contribution of SMEs to Poland’s GDP is higher than that of Ukraine’s because of the higher entrepreneurship rate in the Polish micro and small enterprises (MSEs) sector. The authors found that a unit change in the integrated coefficient of digital competitiveness is related to the greatest change in the contribution of SMEs to the country’s GDP when the other factors in the model equation remain fixed.

show abstract

Does digitalization affect the contribution of entrepreneurship to economic growth?

Cited by 10 publications

References 0 publications

Convergence and the Matthew Effect in the European Union Based on the DESI Index

Convergence and the Matthew Effect in the European Union Based on the DESI Index

Sustainable Business Practices and the Role of Digital Technologies: A Cross-Regional Analysis

Challenges of the MSE sector in the digital economy in Poland and Ukraine: comparative and statistical analysis

Contact Info

Product

Resources

About