How digital technologies drive firm performance: insights into smart and non-smart technologies in science and technology parks

This paper examines how different types of digital technologies affect firm performance in Science and Technology Parks (STPs). Drawing on the Resource-Based View and Dynamic Capabilities perspectives, we distinguish between smart and non-smart web technologies. Using data on firms located in Spanis...

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Detalhes bibliográficos
Autores: Herrero, Sonia, Latorre-Martínez, M. Pilar, García-Casarejos, Nieves
Formato: artículo
Estado:Versión aceptada para publicación
Fecha de publicación:2026
País:España
Recursos:Universidad de Zaragoza
Repositorio:Zaguán. Repositorio Digital de la Universidad de Zaragoza
OAI Identifier:oai:dnet:zaguan______::2e57fc5e0fe54b317bc26e6517b42598
Acesso em linha:http://zaguan.unizar.es/record/171310
Access Level:acceso embargado
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spelling How digital technologies drive firm performance: insights into smart and non-smart technologies in science and technology parksHerrero, SoniaLatorre-Martínez, M. PilarGarcía-Casarejos, NievesThis paper examines how different types of digital technologies affect firm performance in Science and Technology Parks (STPs). Drawing on the Resource-Based View and Dynamic Capabilities perspectives, we distinguish between smart and non-smart web technologies. Using data on firms located in Spanish STPs, we analyze the effects of digitalisation on sales revenue, productivity, profitability and market share. The results show that digitalisation is positively and significantly associated with sales revenue and productivity, while its effects on profitability and market share are weaker and less consistent. Contrary to our expectations, smart technologies do not outperform non-smart technologies. Instead, non-smart technologies display more consistent and robust effects, highlighting their foundational role in enabling digital value creation. We interpret these findings in light of the need for complementary organisational capabilities to unlock the benefits of advanced technologies and the 'productivity paradox', whereby technology-intensive firms often prioritise long-term innovation over short-term financial outcomes. The study contributes to research on technology and strategy by unpacking the performance implications of different digital technology portfolios within STPs and offers implications for policymakers and managers regarding the prioritisation of foundational tools and the alignment of digitalisation strategies with organisational capabilities.2026info:eu-repo/semantics/articleinfo:eu-repo/semantics/acceptedVersionapplication/pdfhttp://zaguan.unizar.es/record/171310reponame:Zaguán. Repositorio Digital de la Universidad de Zaragozainstname:Universidad de ZaragozaInglésinfo:eu-repo/grantAgreement/ES/MCIU/FPU21info:eu-repo/semantics/embargoedAccessoai:dnet:zaguan______::2e57fc5e0fe54b317bc26e6517b425982026-05-29T13:59:51Z
dc.title.none.fl_str_mv How digital technologies drive firm performance: insights into smart and non-smart technologies in science and technology parks
title How digital technologies drive firm performance: insights into smart and non-smart technologies in science and technology parks
spellingShingle How digital technologies drive firm performance: insights into smart and non-smart technologies in science and technology parks
Herrero, Sonia
title_short How digital technologies drive firm performance: insights into smart and non-smart technologies in science and technology parks
title_full How digital technologies drive firm performance: insights into smart and non-smart technologies in science and technology parks
title_fullStr How digital technologies drive firm performance: insights into smart and non-smart technologies in science and technology parks
title_full_unstemmed How digital technologies drive firm performance: insights into smart and non-smart technologies in science and technology parks
title_sort How digital technologies drive firm performance: insights into smart and non-smart technologies in science and technology parks
dc.creator.none.fl_str_mv Herrero, Sonia
Latorre-Martínez, M. Pilar
García-Casarejos, Nieves
author Herrero, Sonia
author_facet Herrero, Sonia
Latorre-Martínez, M. Pilar
García-Casarejos, Nieves
author_role author
author2 Latorre-Martínez, M. Pilar
García-Casarejos, Nieves
author2_role author
author
description This paper examines how different types of digital technologies affect firm performance in Science and Technology Parks (STPs). Drawing on the Resource-Based View and Dynamic Capabilities perspectives, we distinguish between smart and non-smart web technologies. Using data on firms located in Spanish STPs, we analyze the effects of digitalisation on sales revenue, productivity, profitability and market share. The results show that digitalisation is positively and significantly associated with sales revenue and productivity, while its effects on profitability and market share are weaker and less consistent. Contrary to our expectations, smart technologies do not outperform non-smart technologies. Instead, non-smart technologies display more consistent and robust effects, highlighting their foundational role in enabling digital value creation. We interpret these findings in light of the need for complementary organisational capabilities to unlock the benefits of advanced technologies and the 'productivity paradox', whereby technology-intensive firms often prioritise long-term innovation over short-term financial outcomes. The study contributes to research on technology and strategy by unpacking the performance implications of different digital technology portfolios within STPs and offers implications for policymakers and managers regarding the prioritisation of foundational tools and the alignment of digitalisation strategies with organisational capabilities.
publishDate 2026
dc.date.none.fl_str_mv 2026
dc.type.none.fl_str_mv info:eu-repo/semantics/article
info:eu-repo/semantics/acceptedVersion
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status_str acceptedVersion
dc.identifier.none.fl_str_mv http://zaguan.unizar.es/record/171310
url http://zaguan.unizar.es/record/171310
dc.language.none.fl_str_mv Inglés
language_invalid_str_mv Inglés
dc.relation.none.fl_str_mv info:eu-repo/grantAgreement/ES/MCIU/FPU21
dc.rights.none.fl_str_mv info:eu-repo/semantics/embargoedAccess
eu_rights_str_mv embargoedAccess
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dc.source.none.fl_str_mv reponame:Zaguán. Repositorio Digital de la Universidad de Zaragoza
instname:Universidad de Zaragoza
instname_str Universidad de Zaragoza
reponame_str Zaguán. Repositorio Digital de la Universidad de Zaragoza
collection Zaguán. Repositorio Digital de la Universidad de Zaragoza
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