Downloads - empirica

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Downloads - empirica

e-Business in the chemical, rubber and plastics industryincrease was used as dependant variable, this should not be read as a simpleformula for success ("the more ICT-enabled innovation, the more turnover a firm willhave"), as there are possible confounding factors 133 such as growth of a company ingeneral. A similar result might also have been obtained by exchanging thedependent and independent variables, in the sense that successful companies (i.e.firms experiencing turnover growth) are more innovative. In any case, the resultsindicate that the dynamics of business growth and innovativeness are stronglylinked, possibly reinforcing each other.Firm size and age irrelevant for positive turnover development: Firm age andsize do not have any implications for positive turnover change.Exhibit 4.2-5: Effect of ICT-enabled innovation activity on turnover increaseIndependent variable a Coefficient Standard ErrorICT enabled innovation (D2, D4) 0.252*** 0.094Firms with 250 employees (reference group for firms with

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