Advanced search
Start date
Betweenand


TFP, ICT and absorptive capacities: micro-level evidence from Colombia

Full text
Author(s):
Castillo, Juan Carlos ; Vonortas, Nicholas S.
Total Authors: 2
Document type: Journal article
Source: JOURNAL OF TECHNOLOGY TRANSFER; v. 49, n. 4, p. 16-pg., 2023-10-28.
Abstract

This paper explores ICT investment and different types of absorptive capacity (realized and potential) as determinants of micro-level TFP in Colombia from 2008 to 2018. Our empirical output suggests that productivity is positively affected by ICT expenditures as well as by the presence of those IT-related potential absorptive capacities that strengthen knowledge acquisition and assimilation inside the plant: online transactions (e-commerce) and the use of network communication platforms(e-communication). Realized absorptive capacities such as R&D cooperation and marketing expenditures (signaling firms' ability to exploit and transform available information) are found to only induce TFP growth if combined with appropriate IT capabilities: R&D collaboration paired with e-communication and, marketing strategies connected with e-commerce. These results remain robust to various productivity indicators, issues of reverse causality (TFP-ICT link) and even to different IT-related proxies. (AU)

FAPESP's process: 19/04300-5 - System innovation: organizational strategy, research & innovation policy governance
Grantee:Nicholas Spyridon Vonortas
Support Opportunities: Research Projects - SPEC Program
FAPESP's process: 21/09496-5 - Innovation and catching-up in Latin American's exporting sector: an empirical examination of Brazilian, Chilean, Colombian and Mexican firms
Grantee:Juan Carlos Agustin Castillo Sanchez
Support Opportunities: Scholarships in Brazil - Post-Doctoral