Human capital, organizational capital, business environment and digital technology absorption – an empirical approach

This stu­dy is an abrid­ge­ment of a maste­r’s the­sis sub­mit­ted at the Facul­ty of Eco­no­mic Scien­ces, Uni­ver­si­ty of War­saw. The aim is to inve­sti­ga­te which fac­tors deter­mi­ne the upta­ke of modern tech­no­lo­gies. Par­ti­cu­lar empha­sis was pla­ced on deter­mi­nants rela­ted to human capi­tal, orga­ni­sa­tio­nal capi­tal and the wider busi­ness envi­ron­ment. Using a series of regres­sions based on data for 14 sec­tors in 21 OECD coun­tries over the period 2012–2018, it is shown that both human and orga­ni­sa­tio­nal capi­tal are impor­tant com­ple­men­ta­ry fac­tors to modern tech­no­lo­gy. More­over, mar­ket regu­la­tions, espe­cial­ly tho­se rela­ted to the labo­ur mar­ket and the sti­mu­la­tion of inno­va­tion in eco­no­mies, play an impor­tant role in the adop­tion of digi­tal tech­no­lo­gies and rein­for­ce the posi­ti­ve impact of human and orga­ni­sa­tio­nal capi­tal in the dif­fu­sion of modern tech­no­lo­gi­cal solutions.