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ICT and Innovation Activities: Evidence for UK SMEs

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  • Dolores Añon Higón

    ()
    (Departamento de Economía Aplicada II, Universidad de Valencia)

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    Abstract

    There is a continuous commitment of policy makers in the UK to supporting innovation in small and medium firms. For these policy initiatives to be successful, an understanding of the factors driving innovation activities is required. In this study, we focus on the role that Information and Communication Technologies (ICT) play in the innovation performance of UK small and medium sized enterprises (SMEs). Using data drawn from the 2004 Annual Small Business Survey (ASBS) database, we show that ICT operate primarily as efficiency-enhancing technologies, although specific market oriented applications (i.e. website development) exhibit a potential to create competitive advantage through product innovation.

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    Bibliographic Info

    Paper provided by Department of Applied Economics II, Universidad de Valencia in its series Working Papers with number 1002.

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    Length: 32 pages
    Date of creation: Nov 2010
    Date of revision:
    Handle: RePEc:eec:wpaper:1002

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    Related research

    Keywords: ICT; Product Innovation; Process Innovation; SME; Bivariate Probit;

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