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Economic Sustainability in a Wider Context: Case Study of Considerable ICT Sector Sub-Divisions

Author

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  • Emilia Madudova

    (The Faculty of Operation and Economics of Transport and Communications, University of Žilina, Univerzitná 8215, 010 026 Žilina, Slovakia)

  • Tatiana Čorejova

    (The Faculty of Operation and Economics of Transport and Communications, University of Žilina, Univerzitná 8215, 010 026 Žilina, Slovakia)

  • Marek Valica

    (Institute of Continuing Education, University of Žilina, Ulica 1.mája 32, 010 26 Žilina Slovakia)

Abstract

This paper situates the process of economic sustainability in the wider context of regional specialization and geographic concentration. The main object is to analyze the implications of increasing importance of sustainable development. In this context, the ICT (Information and Communication Technology) is at the same time a part of the problem and solution. The focus of this paper is also the ICT firms themselves. This research aimed to explore the ICT firms operating in the ICT sector and focused more on the ICT firms’ sustainability in connection with industry geographic concentration and regional specialization. The economic sustainability (evaluated by sustainability sub-index) and geographical and regional analysis were studied for 62 Computer Programming and 63 Information Services sub-divisions of the ICT sector. The results confirm a strong correlation between economic sustainability and firm geographic concentration. Results show that a worsening value of economic sustainability does not always lead to the worsening conditions in the industry and there is a strong relationship between the economic sustainability and regional analysis.

Suggested Citation

  • Emilia Madudova & Tatiana Čorejova & Marek Valica, 2018. "Economic Sustainability in a Wider Context: Case Study of Considerable ICT Sector Sub-Divisions," Sustainability, MDPI, vol. 10(7), pages 1-16, July.
    • Handle: RePEc:gam:jsusta:v:10:y:2018:i:7:p:2511-:d:158565
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    References listed on IDEAS

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    Cited by:

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    2. Roman Chinoracky & Stanislava Turska & Lucia Madlenakova, 2019. "Does Industry 4.0 Have the Same Impact on Employment in the Sectors?," Management, University of Primorska, Faculty of Management Koper, vol. 14(1), pages 5-17.
    3. Judit Oláh & Nicodemus Kitukutha & Hossam Haddad & Miklós Pakurár & Domicián Máté & József Popp, 2018. "Achieving Sustainable E-Commerce in Environmental, Social and Economic Dimensions by Taking Possible Trade-Offs," Sustainability, MDPI, vol. 11(1), pages 1-22, December.
    4. Edvard Tijan & Adrijana Agatić & Marija Jović & Saša Aksentijević, 2019. "Maritime National Single Window—A Prerequisite for Sustainable Seaport Business," Sustainability, MDPI, vol. 11(17), pages 1-21, August.
    5. Alzbeta Kucharcikova & Martin Miciak & Eva Malichova & Maria Durisova & Emese Tokarcikova, 2019. "The Motivation of Students at Universities as a Prerequisite of the Education’s Sustainability within the Business Value Generation Context," Sustainability, MDPI, vol. 11(20), pages 1-25, October.
    6. Qiao Guangshun, 2023. "Survival of the Fittest: The Long-run Productivity Analysis of the Listed Information Technology Companies in the US Stock Market," Economics - The Open-Access, Open-Assessment Journal, De Gruyter, vol. 17(1), pages 1-11, January.
    7. Nataša Urbančíková & Kristína Zgodavová, 2019. "Sustainability, Resilience and Population Ageing along Schengen’s Eastern Border," Sustainability, MDPI, vol. 11(10), pages 1-18, May.
    8. Broccardo, Laura & Truant, Elisa & Dana, Léo-Paul, 2023. "The interlink between digitalization, sustainability, and performance: An Italian context," Journal of Business Research, Elsevier, vol. 158(C).
    9. Rob Kim Marjerison & Chungil Chae & Shitong Li, 2021. "Investor Activity in Chinese Financial Institutions: A Precursor to Economic Sustainability," Sustainability, MDPI, vol. 13(21), pages 1-17, November.
    10. Alessandro Danovi & Francesca Magno & Giovanna Dossena, 2018. "Pursuing Firm Economic Sustainability through Debt Restructuring Agreements in Italy: An Empirical Analysis," Sustainability, MDPI, vol. 10(12), pages 1-10, December.

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