Advanced Technologies Adoption and Use by U.S. Firms: Evidence from the Annual Business Survey

Abstract

The research program of the Center for Economic Studies (CES) produces a wide range of economic analyses to improve the statistical programs of the U.S. Census Bureau. Many of these analyses take the form of CES research papers. The papers have not undergone the review accorded Census Bureau publications and no endorsement should be inferred. Any opinions and conclusions expressed herein are those of the author(s) and do not necessarily represent the views of the U.S. Census Bureau. All results have been reviewed to ensure that no confidential information is disclosed. Republication in whole or part must be cleared with the authors.To obtain information about the series, see www.census.gov/ces or contact

Use of Digital Technologies for HR Management in Germany: Survey Evidence

“…7 Panel B in Table 2 summarizes the use of the advanced digital HRM tools. In line with recent őndings of Zolas et al (2021), we observe a meaningful gap between the spread of digitalization and its depth: A lower fraction of organizations reports using advanced digital HRM tools as compared to the fraction of organizations that report having predominantly or fully digital HR process. Only a fraction of the companies that report a certain process to be predominantly or fully digital,also report using advanced digital HRM tools.…”

“…Recent breakthroughs in Artiőcial Intelligence accelerate this change. One of the important business functions where digital technologies are commonly used is human resource management: According to a recent survey among U.S. companies (Zolas et al 2021), human resource management is the second most digitized (where the data is stored in a digital format) business function after őnance in companies across all industries. In addition, information technologies open up new opportunities for strategic HR management and can help companies select, train and retain talents.…”

What future for science, technology and innovation after COVID-19?

“…Changing demands for skillsets in the workforce after COVID-19 may leave some of these workers without jobs to return to. Already before the pandemic, the World Economic Forum had estimated, based on employer surveys, that 54% of workers would require significant re-and upskilling by 2022 (World Economic Forum, 2018 [90]). This figure may rise because of the COVID-19 pandemic.…”

Design Principles for Machine Learning Marketplaces in Enterprise Systems

“…When businesses lack ML solutions provided by software vendors and the necessary training data to create their own, they must generate and process their own data or purchase it from data vendors [16]. Such issues may be the cause of the observed current lack of ML solutions within most companies [17]. Standard software vendors can try to reduce these barriers by providing customers with pre-trained ML models and integration of ML into their standard software packages.…”