Upgrading strategies for the digital economy

Abstract Research Summary Although computerization has been enabling changes in the structure and economic geography of industries for decades, recent public discourse has become focused on a set of “new” advanced digital technologies and technology applications that appear poised to dramatically reduce demand for routine tasks and transform the organization and content of work. How are these changes shaping the strategic options for companies and policy‐makers in less‐developed economies? This paper disentangles the old and new features of the digital economy; distills three key business strategies underpinning its organization: modularity, open innovation, and platforms; and summarizes some of the benefits…

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  Sveriges Regering