Please use this identifier to cite or link to this item: https://hdl.handle.net/10419/322354 
Year of Publication: 
2025
Series/Report no.: 
ADB Economics Working Paper Series No. 776
Publisher: 
Asian Development Bank (ADB), Manila
Abstract: 
This study explores the relationship between digitalization and entrepreneurial innovation across developing economies. We assess whether higher levels of digital technology development within a country enhance the innovation potential of its entrepreneurial ventures and how this impact varies between Asia and other regions. Using data from the Global Entrepreneurship Monitor (2013-2022) and the Global Innovation Index along with its subindexes, we examine 11 developing economies in Asia and 57 developing economies in other regions. We find that digital technology development generally boosts entrepreneurial innovation. However, our results reveal a significant regional variation. The impact on product innovation is significantly stronger in developing economies outside Asia. This suggests that while digitalization supports innovation generally, its effects may be more transformative in regions outside Asia. These findings offer valuable insights for policymakers seeking to leverage digitalization to drive innovation and economic growth.
Subjects: 
digitalization
digital technologies
entrepreneurial innovation
ICT development
developing Asia
developing economies
JEL: 
L26
O33
O31
O57
Persistent Identifier of the first edition: 
Creative Commons License: 
cc-by Logo
Document Type: 
Working Paper

Files in This Item:
File
Size





Items in EconStor are protected by copyright, with all rights reserved, unless otherwise indicated.