Digital technologies and eco-innovation. Evidence of the twin transition from Italian firms

Montresor, Sandro; Vezzani, Antonio

doi:10.1080/13662716.2023.2213179

Cited by 30 publications

(5 citation statements)

References 69 publications

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“…Such qualities as easy-to-use and user-friendly influence the application of environment-oriented digital technologies in SMEs [55,56]. SMEs can understand the specificities of the early adopters of sustainable practices and develop strategies to promote their wider use through workers, suppliers, and other stakeholders [57]. SMEs can identify individuals or stakeholders who can support adopting environment-oriented digital technologies, facilitate knowledge sharing, and encourage other SMEs to benefit from such solutions [58].…”

Section: Literature Reviewmentioning

confidence: 99%

Digital and Sustainable (Twin) Transformations: A Case of SMEs in the European Union

Burinskienė,

Nalivaikė

2024

Sustainability

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In the European Digital Decade 2030 Policy Program, the following guidelines for European digital transformation are named, which means that more than 90% of small- and medium-sized companies reach at least a basic level of digital intensity. In addition to that, the European Commission pays a lot of attention to implementing the “Green Deal” in order to achieve less environmental impact. ICT SMEs already play a key role in Europe’s green and digital transformation, creating technologies that promote sustainability and strengthen Europe’s position. The limited and fragmented application of today’s digital and sustainable technologies in SMEs is observed at the EU level. The bibliometric literature analytical results show that the number of papers on the digital direction is five times higher than on the sustainable direction topic. The paper seeks to identify directions that could help SMEs to speed up this twin transformation in each EU country. The authors proposed a two-stage methodology, which is used for researching twin transformations in SMEs. According to the methodology, first, the authors analysed the indicators of EU-27 SMEs, representing their activity towards the twin transformation, comparing them among other size classes. The results show that the SME’s numbers in the 16 indicators area are worse than the numbers characterizing EU-27 enterprises, having more than ten employees. In addition, a multi-criteria decision making-based assessment framework was constructed to show the progress towards the twin transition. The provided research shows which areas require more attention from SMEs and policy makers responding to the twin transformation objectives.

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Section: Literature Reviewmentioning

confidence: 99%

Digital and Sustainable (Twin) Transformations: A Case of SMEs in the European Union

Burinskienė,

Nalivaikė

2024

Sustainability

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“…Notably, ICT is instrumental in enhancing knowledge dissemination and reducing the costs associated with environmental regulations; it facilitates the access, absorption, and application of new information. This enhancement in knowledge sharing and application has proven to accelerate ecoinnovation development (Bretschger et al, 2017;Montresor and Vezzani, 2023). Moreover, the ICT sector stands out for its capacity to attract and develop skilled labour more effectively (Sun, 2022).…”

Section: Literature Reviewmentioning

confidence: 99%

Sourcing twin transitions: How the ICT sector influences green technology development in European cities

Barbieri,

Montanaro,

Gerli

et al. 2024

Preprint

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The growing interest and prominent position of urban environments in the European policy agenda contrast sharply with the limited attention they have received in existing research regarding their role in twin transitions. This article examines whether and to what extent the expansion of the Information and Technology (ICT) sector in urban settings influences their advancement in green technology domains. Leveraging a unique dataset focused on city-level developments, we find that cities with a larger ICT sector are more likely to experience the emergence of green technologies. Moreover, our analysis reveals that examining the heterogeneity of green technologies uncovers significant policy insights. Specifically, a more dynamic ICT sector contributes to notable advancements in cutting-edge technological fields like carbon capture and storage, energy production, and transportation.

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“…Firms adopting artificial intelligence are more likely to invest in green innovation and transformation (Figure 31). this suggests that the contribution of digital technologies to a firm's innovation is driven to a large extent by investment in areas of aI applications (rotman, 2019; Montresor & Vezzani, 2023). Are advanced digital technologies used within your business?…”

Section: Figure 29mentioning

confidence: 99%

EIB Investment Report 2023/2024: Transforming for competitiveness

2024

EIB Investment Report

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The European economy is under pressure. Growth is slowing and competitive challenges are rising, all while EU firms navigate the demands of the green transition. Coordinated support from national governments and EU institutions proved critical after the COVID-19 pandemic, helping Europe to bolster its resilience to future shocks and spurring the investment needed to transform and modernise the economy. As a result, progress was made in digitalisation, energy efficiency, decarbonisation and reinforcing supply chains. The pace of change needs to accelerate, however, even as investment becomes harder to sustain. To remain competitive, the European Union and its members need to improve productivity, encourage innovation, address skill gaps, develop new technologies and supporting young, dynamic firms. The report, which is based on the EIB Group’s annual Investment Survey, provides insights on how EU firms are dealing with these pressures, and whether they are taking the necessary steps to transform their businesses. The report’s Key Findings are available here. Contents Part I Sustaining investment in challenging times 1. The macroeconomic environment 2. Government investment 3. Corporate investment Part II Accelerating transformation for competitiveness 4. Innovation in the global context 5. Investing in green transformation Data annex Glossary of terms and acronyms

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Digital technologies and eco-innovation. Evidence of the twin transition from Italian firms

Cited by 30 publications

References 69 publications

Digital and Sustainable (Twin) Transformations: A Case of SMEs in the European Union

Digital and Sustainable (Twin) Transformations: A Case of SMEs in the European Union

Sourcing twin transitions: How the ICT sector influences green technology development in European cities

EIB Investment Report 2023/2024: Transforming for competitiveness

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