Please use this identifier to cite or link to this item: https://hdl.handle.net/10419/322153 
Year of Publication: 
2025
Series/Report no.: 
LEM Working Paper Series No. 2025/21
Publisher: 
Scuola Superiore Sant'Anna, Laboratory of Economics and Management (LEM), Pisa
Abstract: 
This study investigates the impact of new digital technologies on the resilience of firms to external shocks. Using rare comprehensive data on both the adoption of single and multiple new digital technologies, we employ a Difference-in-Differences methodology with propensity score matching to evaluate how digitalization influenced firms' ability to withstand the COVID19 crisis. We isolate the effects of adopting 1) a single technology, 2) multiple technologies (the breadth of adoption), and 3) technologies that are complementary to one another. The findings provide novel insights into how firms can shape their investments in new digital technologies to increase the benefits of digitalization, and enhance their ability to navigate future crises.
Subjects: 
digital technologies
resilience
technological complementarities
Persistent Identifier of the first edition: 
Document Type: 
Working Paper

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