Innovation in European Enterprises: Does Cloud Computing Count?

Abstract:

Could computing, as one of the latest technological advances, might be one of the main drivers of change and innovation at enterprise level. The main goal of this paper is to answer to the following question: does cloud services influence innovation at enterprise level in EU? In this regard, 9 regression models are used in our research. The results reveal a strong connection between innovation and the use of cloud computing service. Also, the analysis reveals that among European countries, Iceland has made most advances with regards to could computing.