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dc.contributor.author
Arvanitis, Spyros
dc.contributor.author
Loukis, Euripidis N.
dc.date.accessioned
2017-10-13T11:59:37Z
dc.date.available
2017-06-11T19:08:38Z
dc.date.available
2017-10-13T11:59:37Z
dc.date.issued
2015-08
dc.identifier.uri
http://hdl.handle.net/20.500.11850/103791
dc.identifier.doi
10.3929/ethz-a-010497771
dc.description.abstract
In this paper we investigate empirically, first, the characteristics of the firms that reduced their ICT investment due to the 2008 crisis, particularly the firms? ICT-related characteristics in terms of ICT budget, skills and applications used. The analysis of the ICT characteristics that may influence the likelihood of having reduced ICT investment as a consequence of the crisis is primarily explorative, thus driven by available data and economic intuition. The second research question we examine empirically refers to the possibility that an economic crisis could affect innovation performance through the ICT investment channel. In connection with this, it is also interesting to analyze the ICT characteristics that are associated with ICT-enabled innovation performance. This is the third research question of this paper. Our study is based on firm data from the glass/ceramics/cement industry in six European countries. We find that ICT-related crisis vulnerability correlates positively with decreasing ICT budgets (pro-cyclical investment behaviour), the existence of skill deficits in ICT, the awareness of and interest in novel ICT applications that presumably request much additional ICT investment, the exposure to strong price competition and the strong presence in international markets, in which activities have significantly decreased due to the crisis. Further, statistically significant negative relationship between ICT-enabled product innovation and crisis vulnerability (pro-cyclical behaviour) is found only for new products or services that contain ICT components, and are therefore directly affected by crisis-related decreasing product demand. Employment of specialized ICT personnel, ICT outsourcing (only for process innovation), competition (only for product innovation), and the use of some ICT applications specific to the kind of innovation pursued are ICT characteristics that positively correlate with ICT-enabled innovation.
en_US
dc.format
application/pdf
dc.language.iso
en
en_US
dc.publisher
KOF Swiss Economic Institute, ETH Zurich
dc.rights.uri
http://rightsstatements.org/page/InC-NC/1.0/
dc.subject
EUROPA
en_US
dc.subject
ECONOMIC CRISES
en_US
dc.subject
CERAMICS
en_US
dc.subject
COMPANIES
en_US
dc.subject
Economic crisis
en_US
dc.subject
WIRTSCHAFTSKRISEN
en_US
dc.subject
INVESTITIONEN
en_US
dc.subject
ICT-enabled innovation
en_US
dc.subject
UNTERNEHMEN
en_US
dc.subject
INFORMATION TECHNOLOGIES, IT + COMMUNICATION TECHNOLOGIES (TELECOMMUNICATIONS)
en_US
dc.subject
INNOVATION POLICY
en_US
dc.subject
Information and communication technologies (ICT)
en_US
dc.subject
GLASINDUSTRIE, GLASTECHNOLOGIE
en_US
dc.subject
ZEMENTINDUSTRIE
en_US
dc.subject
INNOVATIONSPOLITIK
en_US
dc.subject
Innovation
en_US
dc.subject
INVESTMENTS
en_US
dc.subject
CEMENT INDUSTRY
en_US
dc.subject
GLASS INDUSTRY, GLASS TECHNOLOGY
en_US
dc.subject
KERAMIK
en_US
dc.subject
EUROPE
en_US
dc.subject
INFORMATIONSTECHNIK, IT + KOMMUNIKATIONSTECHNIK (NACHRICHTENTECHNIK)
en_US
dc.title
Did the Reduction of ICT Investment Due to the 2008 Economic Crisis Affect the Innovation Performance of Firms? An Exploratory Analysis Based on Firm Data for the European Glass, Ceramics, and Cement Industry
en_US
dc.type
Working Paper
dc.rights.license
In Copyright - Non-Commercial Use Permitted
dc.date.published
2015
ethz.journal.title
KOF Working Papers
ethz.journal.volume
391
en_US
ethz.size
31 p.
en_US
ethz.code.ddc
DDC - DDC::3 - Social sciences::330 - Economics
en_US
ethz.identifier.nebis
010497771
ethz.publication.place
Zürich
en_US
ethz.publication.status
published
en_US
ethz.leitzahl
ETH Zürich::00002 - ETH Zürich::00012 - Lehre und Forschung::00007 - Departemente::02120 - Dep. Management, Technologie und Ökon. / Dep. of Management, Technology, and Ec.::02525 - KOF Konjunkturforschungsstelle / KOF Swiss Economic Institute
en_US
ethz.leitzahl.certified
ETH Zürich::00002 - ETH Zürich::00012 - Lehre und Forschung::00007 - Departemente::02120 - Dep. Management, Technologie und Ökon. / Dep. of Management, Technology, and Ec.::02525 - KOF Konjunkturforschungsstelle / KOF Swiss Economic Institute
ethz.date.deposited
2017-06-11T19:09:27Z
ethz.source
ECOL
ethz.source
ECIT
ethz.identifier.importid
imp59366b7bdaa4a80799
ethz.identifier.importid
imp5936536f8c66e85170
ethz.ecolpid
eth:48014
ethz.ecitpid
pub:162192
ethz.eth
yes
en_US
ethz.availability
Open access
en_US
ethz.rosetta.installDate
2017-07-14T20:58:57Z
ethz.rosetta.lastUpdated
2021-02-14T19:20:07Z
ethz.rosetta.versionExported
true
ethz.COinS
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