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The Role of Digital Technologies for Regional Development: a System Dynamics Analysis

Author

Listed:
  • Elpida Samara

    (University of Western Macedonia)

  • Anastasios Andronikidis

    (University of Western Macedonia)

  • Nicos Komninos

    (Urenio Research, Aristotle University of Thessaloniki)

  • Yiannis Bakouros

    (University of Western Macedonia)

  • Efthymios Katsoras

    (Aristotle University of Thessaloniki)

Abstract

The unprecedented development of the information and communication technologies sector has accelerated the spectacular changes in societies and employment trends worldwide. The adoption of ICTs in innovation systems has been a key factor in the overall competitiveness of economic regions and national economies. This paper studies the impact of ICT on regional development. To do so, a modelling approach is used to develop a framework-guidance tool that can formulate what-if scenarios of smart technology enhancement in a regional innovation system. The model is applied in two Greek regions with different development backgrounds, and the findings emphasise the importance of smart technologies in regional development in both cases.

Suggested Citation

  • Elpida Samara & Anastasios Andronikidis & Nicos Komninos & Yiannis Bakouros & Efthymios Katsoras, 2023. "The Role of Digital Technologies for Regional Development: a System Dynamics Analysis," Journal of the Knowledge Economy, Springer;Portland International Center for Management of Engineering and Technology (PICMET), vol. 14(3), pages 2215-2237, September.
    • Handle: RePEc:spr:jknowl:v:14:y:2023:i:3:d:10.1007_s13132-022-00951-w
    DOI: 10.1007/s13132-022-00951-w
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