ICT and entrepreneurship: A comparative analysis of developing, emerging and developed countries

Komivi Afawubo and Yawo Agbényégan Noglo

Technological Forecasting and Social Change, 2022, vol. 175, issue C

Abstract: In this study, we investigate the impact of information and communication technologies (ICTs), represented by ICT capital services, on total entrepreneurial activity (TEA) in developing, emerging and developed countries with particular attention on countries’ absorption capacities over the period 2006-2016. First, our results suggest a positive relationship between ICT capital services and entrepreneurship in the whole sample. Second, while the results concerning subsamples are larger in developing and emerging countries than in developed countries, the comparisons do not reveal statistically significant differences in the contribution of ICT capital services to entrepreneurship in these three groups of countries. Thus, regarding the benefits of ICTs in promoting entrepreneurship, developing and emerging countries are not earning more than the developed economies. This challenges the argument that these countries are ‘leapfrogging’ through ICT. Concerning the absorption capacity, we find that secondary school enrolment is the best channel of ICT entrepreneurial effect, not tertiary school enrolment, and innovation is a complement to ICT in promoting entrepreneurship only in emerging countries and developed countries, but not in developing countries.

Keywords: ICT; Entrepreneurship; Leapfrogging; Absorption capacities; Panel regressions (search for similar items in EconPapers)
JEL-codes: E22 L26 O47 (search for similar items in EconPapers)
Date: 2022
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (5)

Downloads: (external link)
http://www.sciencedirect.com/science/article/pii/S0040162521007447
Full text for ScienceDirect subscribers only

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:eee:tefoso:v:175:y:2022:i:c:s0040162521007447

DOI: 10.1016/j.techfore.2021.121312

Access Statistics for this article

Technological Forecasting and Social Change is currently edited by Fred Phillips

More articles in Technological Forecasting and Social Change from Elsevier
Bibliographic data for series maintained by Catherine Liu ().