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countersign Paper No. 03-46 Strategic Complementarities Between antithetic Types of ICTexpenditures Ulrich Kaiser ZEW Zentrum für Europäische Wirtschaftsforschung GmbH Centre for European Economic Research  reciprocation Paper No. 03-46 Strategic Complementarities Between Different Types of ICTexpenditures Ulrich Kaiser download this ZEW Discussion Paper from our ftp server: ftp://ftp.zew.de/ pub/zew-docs/dp/dp0346.pdf Die Discussion Papers dienen einer möglichst schnellen Verbreitung von neueren Forschungsarbeiten diethylstilbestrol ZEW. Die Beiträge liegen in alleiniger Verantwortung der Autoren und stellen nicht notwendigerweise die Meinung des ZEW dar. Discussion Papers are intended to make results of ZEW research immediately available to other economists in order to encourage preaching and suggestions for revisions. The authors are solely responsible for the contents which do not necessarily represent the opinion of the ZEW. Nontechnical summary That the only is more than the sum of its parts has been recognized by moving in economists for decades. It captures the very intuitive idea of synergies and system e?ects.

If complementarities in the midst of ?rm strategies exist, this has major implications for the organization of ?rms (since complementarities require coordination which is often best achieved in hierarchical organizational structures) and for economic policy (since complementarities require investments in a multitude of strategies instead of a focussing on a single one). This study uses crosssectional information for German manufacturing and services to test whether strategic complementarities exist amongst four di?erent types of ICTexpenditure components: (i) expenditures in physical ICTcapital (hardware, software product and telecommunication equipment), (ii) expenditures for ICT personnel (including freelanceworkers), (iii) expenditures for ICTservices that are bought outwardly (e.g. programming services, fees paid to internet providers or payments to... If you want to adopt a full essay, order it on our website: Ordercustompaper.com

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