IDEAS home Printed from https://ideas.repec.org/a/asi/aeafrj/v14y2024i4p295-311id5020.html
   My bibliography  Save this article

Modelling the impact of innovation performance on digital competitiveness: The key role of innovation and technologies

Author

Listed:
  • Dana Kiselakova
  • Beata Sofrankova
  • Miroslav Gombar
  • Maria Matijova

Abstract

The objective of this paper is to evaluate the innovation and digital competitiveness of the EU-27 countries and to reveal the effect of innovation performance on the changes in digital competitiveness. We obtained secondary data from the annual reports of the Global Innovation Index (GII), Summary Innovation Index (SII), and Digital Economy and Society Index (DESI) for the years 2017 to 2021. Using structural equation modeling, the main concept was to develop a new variable, Innovation Performance (IP), which was created by combining the indices of the GII and SII dimensions within a new three-factor model. The modelling findings revealed that both indexes had a statistically significant impact on the variations in the IP value, with the SII exerting a greater influence compared to the GII. The IP variable in the modified model has a significant positive impact on the change in the score of the DESI. We found a positive impact for 10 dimensions (from 19) and a negative impact for firm investments. The highest positive impact was confirmed for research systems, information technologies, and human resources. Our findings also highlight real economic contexts and drivers for EU countries' strategies and policies in the progress of digital competitiveness.

Suggested Citation

  • Dana Kiselakova & Beata Sofrankova & Miroslav Gombar & Maria Matijova, 2024. "Modelling the impact of innovation performance on digital competitiveness: The key role of innovation and technologies," Asian Economic and Financial Review, Asian Economic and Social Society, vol. 14(4), pages 295-311.
    • Handle: RePEc:asi:aeafrj:v:14:y:2024:i:4:p:295-311:id:5020
    as

    Download full text from publisher

    File URL: https://archive.aessweb.com/index.php/5002/article/view/5020/7897
    Download Restriction: no
    ---><---

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:asi:aeafrj:v:14:y:2024:i:4:p:295-311:id:5020. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Robert Allen (email available below). General contact details of provider: https://archive.aessweb.com/index.php/5002/ .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.