Investigating the relationship between information technology and innovation capability of economies: towards a virtual national innovation system
Amir Mohtarami
International Journal of Technological Learning, Innovation and Development, 2017, vol. 9, issue 3, 230-249
Abstract:
This paper investigates the relationship between information technology (IT) and innovation at the national level. For this aim, a statistical test is used to show the correlation between the IT and the innovation capability of economies, based on data-sets of about 130 countries from global ranking of countries in IT and innovation. The results show that there is a strong correlation between IT and innovation capability of economies. This is true for both developed and developing countries with a bit difference in intensity of correlation. Moreover, efforts are made to explain the potential of IT to improve national innovation systems (NIS), wherein the concept of virtual NIS (V-NIS) is introduced. My conclusion is that the IT can be used, not only as an improving tool, but also as a transforming platform that could provide more cost effective and more flexible way to enhance NIS, especially in developing countries.
Keywords: information technology; IT; innovation; national innovation system; NIS; NIS functions; virtual national innovation system; V-NIS; innovation index; network readiness index; NRI. (search for similar items in EconPapers)
Date: 2017
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Persistent link: https://EconPapers.repec.org/RePEc:ids:ijtlid:v:9:y:2017:i:3:p:230-249
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