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Frontiers and laggards: Which firms benefit from adopting advanced digital technologies?

Lookup NU author(s): Dr Jungho KimORCiD

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Abstract

This study examines how adopting advanced digital technologies (ADTs) affects a firm's performance indicators, such as growth in sales, labor productivity, and export, by analyzing Korean firms' panel data. This study finds that the effect of adopting ADTs on firm performance depends on the productivity level, performance types, and technology combination. The effect of adopting ADTs on sales growth has a U-shaped relationship with the firm's productivity level. Moreover, in the frontier group, multiple technology adopters obtain higher rates of sales and significant export growth compared to single technology adopters.

Publication metadata

Author(s): Oh I, Kim J

Publication type: Article

Publication status: Published

Journal: Managerial and Decision Economics

Year: 2023

Volume: 44

Issue: 2

Pages: 753-766

Print publication date: 02/02/2023

Online publication date: 16/09/2022

Acceptance date: 29/03/2022

ISSN (print): 0143-6570

ISSN (electronic): 1099-1468

Publisher: Wiley

URL: https://doi.org/10.1002/mde.3710

DOI: 10.1002/mde.3710

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