ICT and Resilience in Times of Crisis: What Do the Meso-Level Data Say?

Michael Polder, Irene Bertschek and Patrick Schulte

VfS Annual Conference 2017 (Vienna): Alternative Structures for Money and Banking from Verein für Socialpolitik / German Economic Association

Abstract: Are ICT-intensive firms more resilient in times of crisis? We study this question by exploiting a novel and unique data set from the EU Micro-Moments Database. Covering 12 countries, 7 industries and the period from 2001 to 2010, the data allow us to distinguish between ICT-intensive and non-ICT-intensive firms within industries. We find evidence that during the crisis, ICT-intensive firms were hit less hard with respect to productivity and developing process innovations.

Date: 2017
New Economics Papers: this item is included in nep-ino
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Persistent link: https://EconPapers.repec.org/RePEc:zbw:vfsc17:168274

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