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ICT technologies in Europe: A study of technological diffusion and economic growth under network theory

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  • Ana Salomé García Muñiz

    ()
    (Dpto. Economía Aplicada)

  • María Rosalía Vicente Cuervo

    ()
    (Dpto. Economía Aplicada)

Abstract

The sector of Information and Communication Technologies is one of the key instruments for the development of an economy. The literature emphasizes its capacity for both increasing productivity and generating new sources of income and wealth (Jorgenson, 2001; Colecchia and Schereyer, 2002; among others). Traditionally studies on the ICT sector have focused on the analysis of its economic impact, but not on its capacity as a “bridge” of information and knowledge flows across the economic network. Following Burt’s approach (1992) about structural holes, the organization of the economic network defines where and for whom new opportunities lie. The structural hole methodology allows to analyze the capacity of the ICT sector as an enabler of technological diffusion and innovation. Our results show that the European ICT sector not only is important for its intermediary role in the flow of information across the economic network, but also for its low level of dependency on other sectors.

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File URL: http://www.ivie.es/downloads/docs/wpasad/wpasad-2012-21.pdf
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Bibliographic Info

Paper provided by Instituto Valenciano de Investigaciones Económicas, S.A. (Ivie) in its series Working Papers. Serie AD with number 2012-21.

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Length: 17 pages
Date of creation: Dec 2012
Date of revision:
Publication status: Published by Ivie
Handle: RePEc:ivi:wpasad:2012-21

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Related research

Keywords: Information and Communication Technologies (ICT); diffusion; innovation; networks; information and knowledge flows;

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  1. Erik Dietzenbacher & Isidoro Romero, 2007. "Production Chains in an Interregional Framework: Identification by Means of Average Propagation Lengths," International Regional Science Review, , , vol. 30(4), pages 362-383, October.
  2. David Hummels & Jun Ishii & Kei-Mu Yi, 1999. "The nature and growth of vertical specialization in world trade," Staff Reports 72, Federal Reserve Bank of New York.
  3. Jones, Ronald W. & Kierzkowski, Henryk, 2005. "International fragmentation and the new economic geography," The North American Journal of Economics and Finance, Elsevier, vol. 16(1), pages 1-10, March.
  4. Bresnahan, Timothy F. & Trajtenberg, M., 1995. "General purpose technologies 'Engines of growth'?," Journal of Econometrics, Elsevier, vol. 65(1), pages 83-108, January.
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  7. Ana Muñiz & Antonio Raya & Carmen Carvajal, 2010. "Spanish and European innovation diffusion: a structural hole approach in the input–output field," The Annals of Regional Science, Springer, vol. 44(1), pages 147-165, February.
  8. Kevin J. Stiroh & Dale W. Jorgenson, 1999. "Information Technology and Growth," American Economic Review, American Economic Association, vol. 89(2), pages 109-115, May.
  9. Cronin, Francis J. & Parker, Edwin B. & Colleran, Elisabeth K. & Gold, Mark A., 1991. "Telecommunications infrastructure and economic growth : An analysis of causality," Telecommunications Policy, Elsevier, Elsevier, vol. 15(6), pages 529-535, December.
  10. Jeffrey I. Bernstein & Pierre Mohnen, 1994. "International R&D Spillovers Between U.S. and Japanese R&D Intensive Sectors," NBER Working Papers 4682, National Bureau of Economic Research, Inc.
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