Towards the Tyrell corporation? digitisation, firm-size and productivity divergence in Spain

Digitisation has raised concerns about how it can transform the growth of productivity in firms and its divergence around the world. Given that literature has focused mainly on confirming firm productivity gaps, research on the explanatory role of digital-based complementarities in productivity gaps...

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Detalles Bibliográficos
Autores: Torrent-Sellens, Joan, Díaz-Chao, Ángel, Miró Pérez, Albert Pol, Sainz Avia, Jorge
Tipo de recurso: artículo
Fecha de publicación:2022
País:España
Institución:Universitat Oberta de Catalunya (UOC)
Repositorio:O2, repositorio institucional de la UOC
OAI Identifier:oai:openaccess.uoc.edu:10609/146730
Acceso en línea:https://hdl.handle.net/10609/146730
https://doi.org/10.1016/j.jik.2022.100185
Access Level:acceso abierto
Palabra clave:total factor productivity
productivity divergence
digitisation
digital divide
productivitat total dels factors
divergència de productivitat
digitalització
bretxa digital
productividad total de los factores
divergencia de productividad
digitalización
brecha digital
Descripción
Sumario:Digitisation has raised concerns about how it can transform the growth of productivity in firms and its divergence around the world. Given that literature has focused mainly on confirming firm productivity gaps, research on the explanatory role of digital-based complementarities in productivity gaps has been scarce. This work aims to provide evidence on the digital divide and its causes in small and medium-sized enterprises (SME) and in large firms. Using a sample of 5,840 Spanish SMEs and large firms during the 1991–2016 period, results reflect a growing divergence in total factor productivity, both for SMEs and for large firms. Moreover, they also show that the productivity gap becomes more evident when firms develop digital-based complementarities, particularly those derived from ICT investment, R&D activities and product innovation. Firm strategies and policy implications of the results obtained are also discussed.