IDEAS home Printed from https://ideas.repec.org/a/rfe/zbefri/v37y2019i2p653-679.html
   My bibliography  Save this article

Does digitalization affect the contribution of entrepreneurship to economic growth?

Author

Listed:
  • Maja Ivanoviæ-Ðukiæ

    (University of Niš, Faculty of Economics, Trg kralja Aleksandra Ujedinitelja 11, 18000 Niš, Serbia)

  • Tatjana Stevanoviæ

    (University of Niš, Faculty of Economics, Trg kralja Aleksandra Ujedinitelja 11, 18000 Niš, Serbia.)

  • Tamara Raðenoviæ

    (University of Niš, Faculty of Economics, Trg kralja Aleksandra Ujedinitelja 11, 18000 Niš, Serbia)

Abstract

The paper analyses the contribution of different types of innovative entrepreneurship: new products entrepreneurship (NP), new technology development entrepreneurship (NT), high growth expectation entrepreneurship (HG), and average growth expectation entrepreneurship (AG) to economic growth through the EU regions, which differ from each other on the degree of digitization. The regions were created by the application of cluster analysis. The clustering criterion was the level of digitization measured by the Digital Economy and Society Index. Hierarchical regression models were developed with purpose to investigate the effect of different types of innovative entrepreneurship on economic growth, on panel data for the period 2010-2017. The obtained results confirm differences in contribution of the certain types of entrepreneurship to economic growth in the EU regions, as well as, the influence of digitization on the relationship between entrepreneurship and economic growth. High growth expectation entrepreneurship and new technology development entrepreneurship have greatest contribution to economic growth in the regions characterized by a higher degree of digitization. On the other side, average growth expectation entrepreneurship and new products entrepreneurship have a dominant role in economic growth in the regions with lower levels of digitization.

Suggested Citation

  • Maja Ivanoviæ-Ðukiæ & Tatjana Stevanoviæ & Tamara Raðenoviæ, 2019. "Does digitalization affect the contribution of entrepreneurship to economic growth?," Zbornik radova Ekonomskog fakulteta u Rijeci/Proceedings of Rijeka Faculty of Economics, University of Rijeka, Faculty of Economics and Business, vol. 37(2), pages 653-679.
    • Handle: RePEc:rfe:zbefri:v:37:y:2019:i:2:p:653-679
    as

    Download full text from publisher

    File URL: https://www.efri.uniri.hr/upload/ZBORNIK%202_2019/15-Ivanovic-Djukic%20et%20al-2019-2.pdf
    Download Restriction: no
    ---><---

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Ghazy, Noha & Ghoneim, Hebatallah & Lang, Guenter, 2022. "Entrepreneurship, productivity and digitalization: Evidence from the EU," Technology in Society, Elsevier, vol. 70(C).
    2. Emilia Herman, 2022. "The Interplay between Digital Entrepreneurship and Sustainable Development in the Context of the EU Digital Economy: A Multivariate Analysis," Mathematics, MDPI, vol. 10(10), pages 1-28, May.
    3. Tünde Zita Kovács & Beáta Bittner & László Huzsvai & András Nábrádi, 2022. "Convergence and the Matthew Effect in the European Union Based on the DESI Index," Mathematics, MDPI, vol. 10(4), pages 1-23, February.

    More about this item

    Keywords

    digitization; innovative entrepreneurship; high growth entrepreneurship; economic growth;
    All these keywords.

    JEL classification:

    • L26 - Industrial Organization - - Firm Objectives, Organization, and Behavior - - - Entrepreneurship
    • M13 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Business Administration - - - New Firms; Startups
    • M40 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Accounting - - - General
    • O12 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development - - - Microeconomic Analyses of Economic Development
    • O31 - Economic Development, Innovation, Technological Change, and Growth - - Innovation; Research and Development; Technological Change; Intellectual Property Rights - - - Innovation and Invention: Processes and Incentives

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:rfe:zbefri:v:37:y:2019:i:2:p:653-679. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Danijela Ujcic (email available below). General contact details of provider: https://edirc.repec.org/data/efrijhr.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.