Search results
Results from the WOW.Com Content Network
Several papers in the literature attempt to quantify the economic impact of increased product variety made available through electronic markets. [39] [40] Bar-Isaac et al. (2012) [41] derive a theory of when lower search costs will result in 'superstar' and 'long-tail' effects.
While this definition is adept at measuring the impact of digitalization on economic growth, it only focuses on the nature of output and offers an incomplete view of the Digital Economy's development. [12] In a bottom-up and broad perspective, the Digital Economy is "all industries using digital inputs as part of their production process".
In her research, Bertschek investigates industrial economic aspects of digitalization with a special focus on the impact of digitalisation on firms’ innovation, productivity and work organization. Her methodological expertise lies in the field of microeconometrics and the analysis of firm-level data.
Digital transformation is often perceived as a reactive measure to address customer demands, competition, and regulatory compliance. However, it can be a proactive opportunity for organizations to achieve sustainable business practices and facilitate a circular economy. By building sensing, smart, sustainable, and social capabilities ...
The COVID-19 pandemic demonstrated how important digitalization has become to our economies and how basic and advanced digital skills have the ability to sustain our societies. While 85% of EU citizens used the internet prior to coronavirus pandemic, only 58% possessed at best some basic digital skills, which serve as the backbone of the ...
A USGS study recently estimated the likely total cost to the U.S. economy from disruptions to supplies of gallium and germanium alone at more than $3 billion. But the situation is complicated.
The Information Age [a] is a historical period that began in the mid-20th century. It is characterized by a rapid shift from traditional industries, as established during the Industrial Revolution, to an economy centered on information technology. [2]
Adobe expects foreign exchange volatility and the company's shift towards subscriptions to cut into its fiscal 2025 revenue by about $200 million. The company is making significant investments in ...