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ICT as the Facilitator of Entrepreneurial Activity: An Empirical Investigation

Author

Listed:
  • Patricia Kotnik

    (University of Ljubljana, Faculty of Economics,)

  • Rok Stritar

    (University of Ljubljana, Faculty of Economics,)

Abstract

Internet and the related information and communications technologies (the ICTs) are profoundly shaping economic transactions of all kinds. They are also expected to open up entrepreneurial opportunities and reduce the competitive advantage of large firms, thus making room for small and young firms. The EU policy makers have already started to introduce policy initiatives for better use of ICT into the actions to support entrepreneurship, such as promoting digital entrepreneurship. At the moment, however, we have scarce empirical evidence about the impact of ICT on entrepreneurial activity. Our study provides such evidence, by investigating the relationship between ICT use and startup rates, using longitudinal industry level data for Slovenia. The results of the regression analysis show that entry rates are higher in industries that are characterized by higher ICT use, thus providing support to the government policy efforts.

Suggested Citation

  • Patricia Kotnik & Rok Stritar, 2015. "ICT as the Facilitator of Entrepreneurial Activity: An Empirical Investigation," The AMFITEATRU ECONOMIC journal, Academy of Economic Studies - Bucharest, Romania, vol. 17(38), pages 277-277, February.
    • Handle: RePEc:aes:amfeco:v:38:y:2015:i:17:p:277
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    References listed on IDEAS

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    Cited by:

    1. Lola Redondo-Rodríguez & Diana C. Pérez-Bustamante Yábar & Eloísa Díaz-Garrido, 2023. "Impact of technological innovation on digital entrepreneurship and the effects on the economy," International Entrepreneurship and Management Journal, Springer, vol. 19(3), pages 1501-1526, September.
    2. Aleksandar Vekic & Vladimir Djakovic & Jelena Borocki & Wlodzimierz Sroka & Jozsef Popp & Judit Olah, 2020. "The Importance of Academic New Ventures for Sustainable Regional Development," The AMFITEATRU ECONOMIC journal, Academy of Economic Studies - Bucharest, Romania, vol. 22(54), pages 533-533, April.
    3. Li, Yutao & Zhang, Jinning & Lyu, Yanwei, 2023. "Does telecommunications infrastructure promote entrepreneurship in developing countries? Evidence from a quasi-natural experiment in China," Structural Change and Economic Dynamics, Elsevier, vol. 66(C), pages 106-119.
    4. Caceres-Diaz, Piero & Usero-Sanchez, María Belén & Montoro-Sanchez, Angeles, 2019. "Digital Infrastructure and Entrepreneurship: The Digital Era's Enabling Effect," 30th European Regional ITS Conference, Helsinki 2019 205172, International Telecommunications Society (ITS).

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    More about this item

    Keywords

    digital entrepreneurship; entrepreneurial activity; ICT use; internet; start-up rate;
    All these keywords.

    JEL classification:

    • L26 - Industrial Organization - - Firm Objectives, Organization, and Behavior - - - Entrepreneurship
    • M13 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Business Administration - - - New Firms; Startups
    • O33 - Economic Development, Innovation, Technological Change, and Growth - - Innovation; Research and Development; Technological Change; Intellectual Property Rights - - - Technological Change: Choices and Consequences; Diffusion Processes

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