Title: Exploring the impact of digital infrastructure and opportunity-driven TEA on economic development

Authors: Teodora Šutaković; Mateja Drnovšek

Addresses: School of Economics and Business, University of Ljubljana, 1000 Ljubljana, Slovenia ' School of Economics and Business, University of Ljubljana, 1000 Ljubljana, Slovenia

Abstract: In this study, we focus on a previously under-researched relationship between digital infrastructure, opportunity-driven total entrepreneurial activity (TEA), and economic development given the recent rapid speed of digital technology adoption. Using a longitudinal data sample of 58 countries over the period 2011-2019 we test a moderated mediation model of the relationships between digital infrastructure and economic development and examine the mediation role of opportunity-driven TEA and moderation role of subjective well-being. We find that digital infrastructure is a critical element contributing directly and indirectly to economic development through opportunity-driven TEA. National levels of subjective well-being amplify the positive impact of opportunity-driven TEA.

Keywords: digitalisation; economic growth; national well-being; digital technologies; opportunity driven - total entrepreneurial activity; digital infrastructure.

DOI: 10.1504/IJTPM.2025.147319

International Journal of Technology, Policy and Management, 2025 Vol.25 No.2, pp.174 - 199

Received: 12 Jan 2024
Accepted: 28 Apr 2024
Published online: 14 Jul 2025 *

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