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Digitalization: The Edge of First Movers

Online Event |

As part of CEGIST's seminar series, we are proud to announce that Cátia Cerqueira (NIPE/UMinho) will present the work "Digitalization: The Edge of First Movers".

This seminar will take place on February 23 at 15:30, online via Zoom (link below)

Our seminars are free to attend and open to everyone. Please share with whomever may be interested.

Cátia Cerqueira
Cátia Cerqueira


We examine firms' characteristics and the impact on firm performance of being a first mover in the adoption of cloud computing and big data digital technologies, relative to followers and non-adopters. Our results show that firms with higher levels of education both for managers and workers, and shorter managerial tenure are more likely to be digital adopters. First movers in the adoption of big data show distinct characteristics from followers, namely they are younger and have a larger share of higher education workers. Regarding the impact on firm performance, we find that first movers in cloud computing experience significant performance gains, namely in gross value added and productivity, compared to non-adopters, but no gains relative to followers. Interestingly, first movers in big data exhibit a productivity edge over followers and non-adopters. Furthermore, we find that higher levels of education and shorter managerial tenure amplify the positive effects of big data adoption on firm performance.


Speaker's bio

Cátia Cerqueira is a PhD student in Economics who has been a researcher at NIPE/UMinho, since 2021. She holds a bachelor's degree in Economics and a master's degree in Finance, both from the University of Minho. Her doctoral thesis, titled Portuguese firms' productivity: management quality, human capital, and digitalization is advised by Miguel Portela (NIPE/UMinho and IZA) and Fernando Alexandre (NIPE/UMinho). Her primary research interests encompass the fields of Innovation Economics, Industrial Organization, and Labor Economics.
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