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ICT technologies in Europe: A study of technological diffusion and economic growth under network theory

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  • García-Muñiz, Ana Salomé
  • Vicente, María Rosalía

Abstract

The sector of Information and Communication Technologies (ICT) is one of the key instruments for the development of an economy. The literature emphasizes its capacity for both increasing productivity and generating new sources of income and wealth (Colecchia & Schreyer, 2002; Jorgenson & Stiroh, 1999 among others). Traditionally studies on the ICT sector have focused on the analysis of its economic impact, but not on its capacity as a “bridge” for information and knowledge flows across the economic network. Following Burt's approach (1992) on structural holes, the organization of the economic network defines where and for whom new opportunities lie. The structural hole methodology allows to analyze the capacity of the ICT sector as an enabler of technological diffusion and innovation. The results show that the European ICT sector not only is important for its intermediary role in the flow of information across the economic network, but also for its low level of dependency on other sectors.

Suggested Citation

  • García-Muñiz, Ana Salomé & Vicente, María Rosalía, 2014. "ICT technologies in Europe: A study of technological diffusion and economic growth under network theory," Telecommunications Policy, Elsevier, vol. 38(4), pages 360-370.
  • Handle: RePEc:eee:telpol:v:38:y:2014:i:4:p:360-370
    DOI: 10.1016/j.telpol.2013.12.003
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    5. Pradhan, Rudra P. & Arvin, Mak B. & Norman, Neville R., 2015. "The dynamics of information and communications technologies infrastructure, economic growth, and financial development: Evidence from Asian countries," Technology in Society, Elsevier, vol. 42(C), pages 135-149.
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    8. Onyimadu, Chukwuemeka, 2015. "A Case of Growth Without Development: A Comparative Study Between Nigeria and Malaysia," MPRA Paper 77202, University Library of Munich, Germany.
    9. Dobrota, Marina & Martic, Milan & Bulajic, Milica & Jeremic, Veljko, 2015. "Two-phased composite I-distance indicator approach for evaluation of countries’ information development," Telecommunications Policy, Elsevier, vol. 39(5), pages 406-420.
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    11. Kallal, Rahim & Haddaji, Abir & Ftiti, Zied, 2021. "ICT diffusion and economic growth: Evidence from the sectorial analysis of a periphery country," Technological Forecasting and Social Change, Elsevier, vol. 162(C).
    12. Polykalas, Spyros E. & Prezerakos, George N., 2015. "Measuring the impact of market competition analysis process in EU׳s electronic communications sector: Catalyst or impediment towards market competition?," Telecommunications Policy, Elsevier, vol. 39(3), pages 241-252.
    13. Issam Khelfaoui & Yuantao Xie & Muhammad Hafeez & Danish Ahmed & Houssem Eddine Degha & Hicham Meskher, 2022. "Information Communication Technology and Infant Mortality in Low-Income Countries: Empirical Study Using Panel Data Models," IJERPH, MDPI, vol. 19(12), pages 1-24, June.
    14. Heo, Pil Sun & Lee, Duk Hee, 2019. "Evolution patterns and network structural characteristics of industry convergence," Structural Change and Economic Dynamics, Elsevier, vol. 51(C), pages 405-426.
    15. Junhwan Moon & Eungyeong Yun & Jaebeom Lee, 2020. "Identifying the Sustainable Industry by Input–Output Analysis Combined with CO 2 Emissions: A Time Series Study from 2005 to 2015 in South Korea," Sustainability, MDPI, vol. 12(15), pages 1-19, July.
    16. Natalia Drzewoszewska, 2014. "Searching for the Appropriate Measure of Multilateral Trade-Resistance Terms in the Gravity Model of Bilateral Trade Flows," Dynamic Econometric Models, Uniwersytet Mikolaja Kopernika, vol. 14, pages 29-49.
    17. Binsfeld, Nico & Whalley, Jason & Pugalis, Lee, 2017. "An analysis of the structure, actors and interrelationships producing Luxembourg's ICT ecosystem," 28th European Regional ITS Conference, Passau 2017 169450, International Telecommunications Society (ITS).
    18. Chang Woon Nam & Sumin Nam & Peter Steinhoff, 2017. "Modi's 'Make in India' Industrial Reform Policy and East Asian Flying-Geese Paradigm," CESifo Working Paper Series 6431, CESifo.
    19. Binsfeld, Nico & Pugalis, Lee & Whalley, Jason, 2015. "ICT ecosystems in small countries: an analysis of Luxembourg," 26th European Regional ITS Conference, Madrid 2015 127127, International Telecommunications Society (ITS).
    20. Jadranka Švarc & Marina Dabić, 2017. "Evolution of the Knowledge Economy: a Historical Perspective with an Application to the Case of Europe," Journal of the Knowledge Economy, Springer;Portland International Center for Management of Engineering and Technology (PICMET), vol. 8(1), pages 159-176, March.
    21. Yongfei Li & Sang-Gun Lee & Myungjai Kong, 2019. "The industrial impact and competitive advantage of China’s ICT industry," Service Business, Springer;Pan-Pacific Business Association, vol. 13(1), pages 101-127, March.
    22. Dong Hyun Lee & Ga Youn Hong & Sang-Gun Lee, 2019. "The relationship among competitive advantage, catch-up, and linkage effects: a comparative study on ICT industry between South Korea and India," Service Business, Springer;Pan-Pacific Business Association, vol. 13(3), pages 603-624, September.
    23. Miloš Žarković & Slobodan Lakić & Jasmina Ćetković & Bojan Pejović & Srdjan Redzepagic & Irena Vodenska & Radoje Vujadinović, 2022. "Effects of Renewable and Non-Renewable Energy Consumption, GHG, ICT on Sustainable Economic Growth: Evidence from Old and New EU Countries," Sustainability, MDPI, vol. 14(15), pages 1-27, August.

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    More about this item

    Keywords

    Information and Communication Technologies (ICT); Technological diffusion; Innovation; Networks; Information and knowledge flows; Input–output analysis;
    All these keywords.

    JEL classification:

    • C67 - Mathematical and Quantitative Methods - - Mathematical Methods; Programming Models; Mathematical and Simulation Modeling - - - Input-Output Models
    • O14 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development - - - Industrialization; Manufacturing and Service Industries; Choice of Technology

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