ICT and Innovation Activities: Evidence for UK SMEs
AbstractThere 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 InfoPaper provided by Department of Applied Economics II, Universidad de Valencia in its series Working Papers with number 1002.
Length: 32 pages
Date of creation: Nov 2010
Date of revision:
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ICT; Product Innovation; Process Innovation; SME; Bivariate Probit;
Find related papers by JEL classification:
- D24 - Microeconomics - - Production and Organizations - - - Production; Cost; Capital; Capital, Total Factor, and Multifactor Productivity; Capacity
- O30 - Economic Development, Technological Change, and Growth - - Technological Change; Research and Development; Intellectual Property Rights - - - General
This paper has been announced in the following NEP Reports:
- NEP-ALL-2010-11-20 (All new papers)
- NEP-CSE-2010-11-20 (Economics of Strategic Management)
- NEP-ENT-2010-11-20 (Entrepreneurship)
- NEP-ICT-2010-11-20 (Information & Communication Technologies)
- NEP-INO-2010-11-20 (Innovation)
- NEP-KNM-2010-11-20 (Knowledge Management & Knowledge Economy)
- NEP-SBM-2010-11-20 (Small Business Management)
- NEP-TID-2010-11-20 (Technology & Industrial Dynamics)
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