Digitalisation and high-growth enterprises in Europe.
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| Authors: | Teruel, Mercedes1 (AUTHOR) mercedes.teruel@urv.cat, Bauer, Peter2 (AUTHOR), Coad, Alex3 (AUTHOR), Domnick, Clemens4 (AUTHOR), Harasztosi, Peter5 (AUTHOR), Rückert, Desirée5 (AUTHOR), Weiss, Christoph5 (AUTHOR) |
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| Source: | Technology Analysis & Strategic Management. Dec2025, Vol. 37 Issue 12, p3082-3095. 14p. |
| Subject Terms: | *Labor productivity, *Business ecosystems, *Economies of scale, *Business revenue, *Organizational performance, Digital technology |
| Geographic Terms: | Europe |
| Abstract: | The profound implications that digital technologies have for business dynamism and the competitive environment have raised the attention of policy makers and scholars. This paper examines the link between digitalisation and firm growth, and investigates whether high-growth enterprises (HGEs) invest and adopt digital technologies differently than non-HGEs. Using the European Investment Bank Investment Survey and Generalised Least Squares as well as random-effects probit models, we find strong complementarities between different digitalisation indicators. Furthermore, firms investing in digitalisation are more likely to exhibit rapid employment, sales and labour productivity growth. Our results also highlight the heterogeneous nature of the digitalisation process and its relationship with firm performance. [ABSTRACT FROM AUTHOR] |
| Database: | Entrepreneurial Studies Source |
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| Header | DbId: ent DbLabel: Entrepreneurial Studies Source An: 189475163 AccessLevel: 6 PubType: Academic Journal PubTypeId: academicJournal PreciseRelevancyScore: 0 |
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| Items | – Name: Author Label: Authors Group: Au Data: <searchLink fieldCode="AR" term="%22Teruel%2C+Mercedes%22">Teruel, Mercedes</searchLink><relatesTo>1</relatesTo> (AUTHOR)<i> mercedes.teruel@urv.cat</i><br /><searchLink fieldCode="AR" term="%22Bauer%2C+Peter%22">Bauer, Peter</searchLink><relatesTo>2</relatesTo> (AUTHOR)<br /><searchLink fieldCode="AR" term="%22Coad%2C+Alex%22">Coad, Alex</searchLink><relatesTo>3</relatesTo> (AUTHOR)<br /><searchLink fieldCode="AR" term="%22Domnick%2C+Clemens%22">Domnick, Clemens</searchLink><relatesTo>4</relatesTo> (AUTHOR)<br /><searchLink fieldCode="AR" term="%22Harasztosi%2C+Peter%22">Harasztosi, Peter</searchLink><relatesTo>5</relatesTo> (AUTHOR)<br /><searchLink fieldCode="AR" term="%22Rückert%2C+Desirée%22">Rückert, Desirée</searchLink><relatesTo>5</relatesTo> (AUTHOR)<br /><searchLink fieldCode="AR" term="%22Weiss%2C+Christoph%22">Weiss, Christoph</searchLink><relatesTo>5</relatesTo> (AUTHOR) – Name: TitleSource Label: Source Group: Src Data: <searchLink fieldCode="JN" term="%22Technology+Analysis+%26+Strategic+Management%22">Technology Analysis & Strategic Management</searchLink>. Dec2025, Vol. 37 Issue 12, p3082-3095. 14p. – Name: Subject Label: Subject Terms Group: Su Data: *<searchLink fieldCode="DE" term="%22Labor+productivity%22">Labor productivity</searchLink><br />*<searchLink fieldCode="DE" term="%22Business+ecosystems%22">Business ecosystems</searchLink><br />*<searchLink fieldCode="DE" term="%22Economies+of+scale%22">Economies of scale</searchLink><br />*<searchLink fieldCode="DE" term="%22Business+revenue%22">Business revenue</searchLink><br />*<searchLink fieldCode="DE" term="%22Organizational+performance%22">Organizational performance</searchLink><br /><searchLink fieldCode="DE" term="%22Digital+technology%22">Digital technology</searchLink> – Name: SubjectGeographic Label: Geographic Terms Group: Su Data: <searchLink fieldCode="DE" term="%22Europe%22">Europe</searchLink> – Name: Abstract Label: Abstract Group: Ab Data: The profound implications that digital technologies have for business dynamism and the competitive environment have raised the attention of policy makers and scholars. This paper examines the link between digitalisation and firm growth, and investigates whether high-growth enterprises (HGEs) invest and adopt digital technologies differently than non-HGEs. Using the European Investment Bank Investment Survey and Generalised Least Squares as well as random-effects probit models, we find strong complementarities between different digitalisation indicators. Furthermore, firms investing in digitalisation are more likely to exhibit rapid employment, sales and labour productivity growth. Our results also highlight the heterogeneous nature of the digitalisation process and its relationship with firm performance. [ABSTRACT FROM AUTHOR] |
| PLink | https://search.ebscohost.com/login.aspx?direct=true&site=eds-live&db=ent&AN=189475163 |
| RecordInfo | BibRecord: BibEntity: Identifiers: – Type: doi Value: 10.1080/09537325.2024.2394771 Languages: – Code: eng Text: English PhysicalDescription: Pagination: PageCount: 14 StartPage: 3082 Subjects: – SubjectFull: Labor productivity Type: general – SubjectFull: Business ecosystems Type: general – SubjectFull: Economies of scale Type: general – SubjectFull: Business revenue Type: general – SubjectFull: Organizational performance Type: general – SubjectFull: Digital technology Type: general – SubjectFull: Europe Type: general Titles: – TitleFull: Digitalisation and high-growth enterprises in Europe. Type: main BibRelationships: HasContributorRelationships: – PersonEntity: Name: NameFull: Teruel, Mercedes – PersonEntity: Name: NameFull: Bauer, Peter – PersonEntity: Name: NameFull: Coad, Alex – PersonEntity: Name: NameFull: Domnick, Clemens – PersonEntity: Name: NameFull: Harasztosi, Peter – PersonEntity: Name: NameFull: Rückert, Desirée – PersonEntity: Name: NameFull: Weiss, Christoph IsPartOfRelationships: – BibEntity: Dates: – D: 01 M: 12 Text: Dec2025 Type: published Y: 2025 Identifiers: – Type: issn-print Value: 09537325 Numbering: – Type: volume Value: 37 – Type: issue Value: 12 Titles: – TitleFull: Technology Analysis & Strategic Management Type: main |
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