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The missing effect of investments of firms in information and communication technologies on productivity is studied by various recent papers (e.g. Oliner and Sichels 1994, Landauer 1995, Brynjolfsson and Hitt 1996). Several explanations are given for this missing link. Our paper deals with two...
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Do firms sourcing out IT services redirect their resources to innovation activity? We attempt to answer this question … ITO and product innovation activity of manufacturing firms, and a significant and hump-shaped relationship between ITO and … process innovation activity of services firms. A propensity score matching analysis takes account of reverse causality; the …
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In this paper, it is argued that ICT investment is closely linked with complementary innovations and most productive in firms with innovative experience. In an analysis based on firm-level panel data covering the period 1994-99, system GMM estimates for an extended production function framework...
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