EXECUTIVE SUMMARY Digitalization encompasses a wide range of new applications of information technology in business models and products that are transforming the economy and social interactions. Digitalization is both an enabler and a disruptor of businesses. The lack of a generally agreed definition of ...
The limitations of gross domestic product (GDP) statistics in measuring the advancement of the digital economy have become an important subject.doi:10.1016/j.techfore.2018.07.053Watanabe ChihiroNaveed KashifTou YujiNeittaanm?ki PekkaTechnological Forecasting and Social Change...
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answer whether and why governments should foster the Information Society.To address this goal we have split our research into three main areas:
Yet a large and growing portion of what’s powering today’s digital economy consists of a second type of digital capital—intangible assets. They are manifold: the unique designs that engage large numbers of users and improve their digital experiences; the digital capture of u...
Measuring the knowledge base of an economy in terms of triple-helix relations among 'technology, organization, and territory' The interrelationships among technology, organization, and territory in an economic system have been considered as a 'holy trinity' from the perspective of... Gerben Van der...
In this episode of the McKinsey Global Institute’s Forward Thinking podcast, co-host Michael Chui talks with Avinash Collis, professor of digital economy at The University of Texas at Austin, and Digital Fellow at Stanford and MIT. He covers topics includi...
Annual average welfare growth per capita, EU28 and US, CAGR % Source: McKinsey & Company The second insight comes from a simulation we conducted of the impact of technology in the coming years. For this, we leveraged our work on how AI might diffuse in the economy and its impact on diff...
AI-enabled digital transformation is fast becoming a strategic imperative for leaders in life sciences. The biopharma industry is on the brink of large-scale disruption driven by interoperable data, advances in AI and analytics, open and secure platforms, and patient-centric care,...
Valuation: Measuring and Managing the Value of Companies, celebrating 30 years in print, is now in its seventh edition (John Wiley & Sons, June 2020). Carefully revised and updated, this edition includes new insights on topics such as digital; environmental, social,...