TY - BOOK AU - Rückert,Désirée AU - Weiss,Christoph AU - European Investment Bank AU - Veugelers,Reinhilde TI - EIB Working Paper 2020/07 - The growing digital divide in Europe and the United States T2 - EIB Working Papers SN - 9789286146831 PB - European Investment Bank KW - Business & Economics / Finance KW - bisacsh KW - Economics KW - Electronic books N1 - Access copy available to the general public N2 - Using the EIBIS Digital and Skills Survey on digitalisation activities of firms in the EU and the US, this study confirms the trend toward a growing digital divide in the corporate landscape with, on one side, many firms that are not digitally active, and on the other side, a substantial number of digitally active firms forging ahead. Old small firms, with less than 50 employees and more than 10 years old, are significantly more likely to be persistently digitally non-active. We show that these persistently non-digital firms are less likely to be innovative, increase employment or command higher mark-ups. These trends are likely to exacerbate the digital divide across firms in the EU and the US UR - https://openresearchlibrary.org/content/0b416cba-d15c-4e7a-9ffc-bc697849c502 ER -