Abstract:
This paper sets out the results of econometric analysis carried out on a closed sample of 519 Italian manufacturing firms in order to determine which variables affected the probability of a firm investing in ICT in the period 2001-03, and which variables have an impact on the level of ICT investment. The estimates bear out a great many of the theoretical predictions and empirical findings, while also casting new light on the role of vertical integration in accounting for higher levels of ICT investment
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