<abstract xmlns="http://www.w3.org/1999/xhtml"><p>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.</p></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.

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

Faculty of Economics and Business, University of Zagreb,

Naše gospodarstvo/Our economy

This work is licensed under the Creative Commons Attribution-NonCommercial-NoDerivatives 3.0 License.

The development and usage of information and communication technologies (ICTs) has particularly increased in the last two decades, while at the same time...

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

Published Online: Sep 24, 2016

Page range: 39 - 51

Received: Feb 01, 2016

Accepted: Jul 01, 2016

DOI: https://doi.org/10.1515/ngoe-2016-0017

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

© 2016 Jovana Zoroja, published by De Gruyter Open

This work is licensed under the Creative Commons Attribution-NonCommercial-NoDerivatives 3.0 License.

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

Published Online: Sep 24, 2016

Page range: 39 - 51

Received: Feb 01, 2016

Accepted: Jul 01, 2016

DOI: https://doi.org/10.1515/ngoe-2016-0017

Keywordsinformation and communication technology, innovation, business sophistication, competitiveness, European countries, regression analysis

© 2016 Jovana Zoroja, published by De Gruyter Open

This work is licensed under the Creative Commons Attribution-NonCommercial-NoDerivatives 3.0 License.

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