Please use this identifier to cite or link to this item: https://hdl.handle.net/10419/89553 
Year of Publication: 
2005
Series/Report no.: 
LEM Working Paper Series No. 2005/11
Publisher: 
Scuola Superiore Sant'Anna, Laboratory of Economics and Management (LEM), Pisa
Abstract: 
This paper explores how firms' skills and organizational change affect the returns from investments in ICT. Our work contributes to the literature by testing the hypothesis of complementarity in a panel of 540 Italian manufacturing firms during 1995-2000. By drawing on different statistical methods, we do not find any clearcut support to the hypothesis of full complementarity among ICT, human capital and organizational change. We find a strong support to the hypotheses of skill-biased technical change and a weaker support to the skill-biased organizational change hypothesis particularly in medium-sized firms. Our findings suggest that the productivity gains from investments in the three innovative activities are related to firm size.
Subjects: 
organizational change
ICT investment
skills
human capital
productivity
complementarity
SMEs
JEL: 
O30
D24
L23
Document Type: 
Working Paper

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