Does digitalization affect the contribution of entrepreneurship to economic growth?
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...
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Faculty of Economics University of Rijeka
2019-12-01
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Series: | Zbornik radova Ekonomskog fakulteta u Rijeci : časopis za ekonomsku teoriju i praksu |
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Online Access: | https://www.efri.uniri.hr/upload/ZBORNIK%202_2019/15-Ivanovic-Djukic%20et%20al-2019-2.pdf |
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doaj-ef840cddeb2c4beb831346027f84128e2020-11-25T02:10:12ZdeuFaculty of Economics University of RijekaZbornik radova Ekonomskog fakulteta u Rijeci : časopis za ekonomsku teoriju i praksu1331-80041846-75202019-12-0137265367910.18045/zbefri.2019.2.653Does digitalization affect the contribution of entrepreneurship to economic growth?Maja Ivanović-Đukić0Tatjana Stevanović1Tamara Rađenović2management, finance accounting, financ macroeconomics, intellectual capitalThe 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. https://www.efri.uniri.hr/upload/ZBORNIK%202_2019/15-Ivanovic-Djukic%20et%20al-2019-2.pdfdigitizationinnovative entrepreneurshiphigh growth entrepreneurshipeconomic growth |
collection |
DOAJ |
language |
deu |
format |
Article |
sources |
DOAJ |
author |
Maja Ivanović-Đukić Tatjana Stevanović Tamara Rađenović |
spellingShingle |
Maja Ivanović-Đukić Tatjana Stevanović Tamara Rađenović Does digitalization affect the contribution of entrepreneurship to economic growth? Zbornik radova Ekonomskog fakulteta u Rijeci : časopis za ekonomsku teoriju i praksu digitization innovative entrepreneurship high growth entrepreneurship economic growth |
author_facet |
Maja Ivanović-Đukić Tatjana Stevanović Tamara Rađenović |
author_sort |
Maja Ivanović-Đukić |
title |
Does digitalization affect the contribution of entrepreneurship to economic growth? |
title_short |
Does digitalization affect the contribution of entrepreneurship to economic growth? |
title_full |
Does digitalization affect the contribution of entrepreneurship to economic growth? |
title_fullStr |
Does digitalization affect the contribution of entrepreneurship to economic growth? |
title_full_unstemmed |
Does digitalization affect the contribution of entrepreneurship to economic growth? |
title_sort |
does digitalization affect the contribution of entrepreneurship to economic growth? |
publisher |
Faculty of Economics University of Rijeka |
series |
Zbornik radova Ekonomskog fakulteta u Rijeci : časopis za ekonomsku teoriju i praksu |
issn |
1331-8004 1846-7520 |
publishDate |
2019-12-01 |
description |
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. |
topic |
digitization innovative entrepreneurship high growth entrepreneurship economic growth |
url |
https://www.efri.uniri.hr/upload/ZBORNIK%202_2019/15-Ivanovic-Djukic%20et%20al-2019-2.pdf |
work_keys_str_mv |
AT majaivanovicđukic doesdigitalizationaffectthecontributionofentrepreneurshiptoeconomicgrowth AT tatjanastevanovic doesdigitalizationaffectthecontributionofentrepreneurshiptoeconomicgrowth AT tamararađenovic doesdigitalizationaffectthecontributionofentrepreneurshiptoeconomicgrowth |
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1724920165038030848 |