The Role of Digital Technologies for Regional Development: a System Dynamics Analysis

Elpida Samara (), Anastasios Andronikidis (), Nicos Komninos (), Yiannis Bakouros () and Efthymios Katsoras ()
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Elpida Samara: University of Western Macedonia
Anastasios Andronikidis: University of Western Macedonia
Nicos Komninos: Urenio Research, Aristotle University of Thessaloniki
Yiannis Bakouros: University of Western Macedonia
Efthymios Katsoras: Aristotle University of Thessaloniki

Journal of the Knowledge Economy, 2023, vol. 14, issue 3, No 7, 2215-2237

Abstract: Abstract The unprecedented development of the information and communication technologies sector has accelerated the spectacular changes in societies and employment trends worldwide. The adoption of ICTs in innovation systems has been a key factor in the overall competitiveness of economic regions and national economies. This paper studies the impact of ICT on regional development. To do so, a modelling approach is used to develop a framework-guidance tool that can formulate what-if scenarios of smart technology enhancement in a regional innovation system. The model is applied in two Greek regions with different development backgrounds, and the findings emphasise the importance of smart technologies in regional development in both cases.

Keywords: Regional development; Innovation dynamics; System dynamics modelling (search for similar items in EconPapers)
Date: 2023
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DOI: 10.1007/s13132-022-00951-w

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