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Determinants of ICT innovations: A cross-country empirical study

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  • Lee, Sangwon
  • Nam, Yoonjae
  • Lee, Seonmi
  • Son, Hyunjung

Abstract

This study investigated key drivers of technological innovation in the ICT industry, attempting to evaluate whether the broadband network infrastructure, diversity of R&D funding, R&D performance, number of researchers, education, openness to international trade, and socio-economic factors have influenced ICT innovations in 40 countries from 1999 through 2013. Through fixed effect regression models of ICT innovation, the study found that high levels of broadband infrastructure and the R&D factors from triple helix collaboration were associated with high levels of ICT innovation. The findings also suggested that innovation infrastructure and the socio-economic factors of nations could be significant determinants of ICT innovation.

Suggested Citation

  • Lee, Sangwon & Nam, Yoonjae & Lee, Seonmi & Son, Hyunjung, 2016. "Determinants of ICT innovations: A cross-country empirical study," Technological Forecasting and Social Change, Elsevier, vol. 110(C), pages 71-77.
  • Handle: RePEc:eee:tefoso:v:110:y:2016:i:c:p:71-77
    DOI: 10.1016/j.techfore.2015.11.010
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