Impact of technology investment on firm’s production efficiency factor in manufacturing

Result code in IS VaVaI

<a href="https://www.isvavai.cz/riv?ss=detail&h=RIV%2F60076658%3A12510%2F21%3A43901616" target="_blank" >RIV/60076658:12510/21:43901616 - isvavai.cz</a>

Result on the web

<a href="https://journals.vgtu.lt/index.php/JBEM/article/view/13635/10169" target="_blank" >https://journals.vgtu.lt/index.php/JBEM/article/view/13635/10169</a>

DOI - Digital Object Identifier

<a href="http://dx.doi.org/10.3846/jbem.2020.13635" target="_blank" >10.3846/jbem.2020.13635</a>

Result language

angličtina

Original language name

Impact of technology investment on firm’s production efficiency factor in manufacturing

Original language description

The goal of this paper is to investigate the impact of technology investments on produc-tion efficiency in manufacturing companies and how different these relationships are for low-tech-nology and high-technology companies. The empirical part was based on the analysis of 2,848 large, small and medium-sized Czech companies by using Bayesian networks (BNs). The results show that technological investments have the greatest positive impact on the growth of labour productivity and on a decline in labour intensity in low technology enterprises. The technological investments have a positive impact on labour productivity growth in high-technology enterprises, but at the same time, the technological investments have an impact on the increase of labour intensity. On the contrary, the influence of investment growth was insignificant on the indicators of material and services intensity. Technologically intensive investments have a different impact on small, medium-sized and on large enterprises. The reaction of large companies depends on the category of technol-ogy intensity in contrast to small and medium-size enterprises.

Czech name

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Czech description

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Type

J_imp - Article in a specialist periodical, which is included in the Web of Science database

CEP classification

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OECD FORD branch

50202 - Applied Economics, Econometrics

Project

—

Continuities

I - Institucionalni podpora na dlouhodoby koncepcni rozvoj vyzkumne organizace

Publication year

2021

Confidentiality

S - Úplné a pravdivé údaje o projektu nepodléhají ochraně podle zvláštních právních předpisů

Name of the periodical

Journal of Business Economics and Management

ISSN

1611-1699

e-ISSN

—

Volume of the periodical

22

Issue of the periodical within the volume

1

Country of publishing house

LT - LITHUANIA

Number of pages

21

Pages from-to

135-155

UT code for WoS article

000613944700008

EID of the result in the Scopus database

2-s2.0-85100276352