Digitalisation, productivity and jobs : A European perspective
(2021) p.135-159- Abstract
This chapter describes economic insights from research having studied the ongoing information and communications technology (ICT)-based structural transformation of the business sector. It also describes initiatives by the EU in the field of digitalisation and their likely economic impact. The chapter concludes by arguing that the key for the EU to ensure that the ongoing ICT-based structural transformation creates overall prosperity is an improved entrepreneurial ecosystem, stimulating growth from new and successful firms. Institutions must be able to channel savings to start-ups and business development where well-functioning stock exchanges and venture capital markets are crucial. The educational system also needs to become more... (More)
This chapter describes economic insights from research having studied the ongoing information and communications technology (ICT)-based structural transformation of the business sector. It also describes initiatives by the EU in the field of digitalisation and their likely economic impact. The chapter concludes by arguing that the key for the EU to ensure that the ongoing ICT-based structural transformation creates overall prosperity is an improved entrepreneurial ecosystem, stimulating growth from new and successful firms. Institutions must be able to channel savings to start-ups and business development where well-functioning stock exchanges and venture capital markets are crucial. The educational system also needs to become more effective and flexible in order to offer future employees the skills demanded in the labour market. Finally, insurance systems should be more customised and flexible in order to make it easier for EU citizens to benefit from advancements in new technologies.
(Less)
- author
- Heyman, Fredrik LU ; Norbäck, Pehr Johan and Persson, Lars LU
- publishing date
- 2021
- type
- Chapter in Book/Report/Conference proceeding
- publication status
- published
- subject
- keywords
- Digitalisation, Fourth industrial revolution, ICT, Productivity
- host publication
- The European Union and the Technology Shift
- pages
- 25 pages
- publisher
- Springer International Publishing
- external identifiers
-
- scopus:85147955520
- ISBN
- 9783030636715
- 9783030636722
- DOI
- 10.1007/978-3-030-63672-2_6
- language
- English
- LU publication?
- no
- additional info
- Publisher Copyright: © The Author(s), under exclusive license to Springer Nature Switzerland AG 2021.
- id
- 2ddfcccf-f3ff-47ac-bb8d-3c5cec107664
- date added to LUP
- 2023-04-20 15:42:43
- date last changed
- 2024-06-15 02:00:41
@inbook{2ddfcccf-f3ff-47ac-bb8d-3c5cec107664,
abstract = {{<p>This chapter describes economic insights from research having studied the ongoing information and communications technology (ICT)-based structural transformation of the business sector. It also describes initiatives by the EU in the field of digitalisation and their likely economic impact. The chapter concludes by arguing that the key for the EU to ensure that the ongoing ICT-based structural transformation creates overall prosperity is an improved entrepreneurial ecosystem, stimulating growth from new and successful firms. Institutions must be able to channel savings to start-ups and business development where well-functioning stock exchanges and venture capital markets are crucial. The educational system also needs to become more effective and flexible in order to offer future employees the skills demanded in the labour market. Finally, insurance systems should be more customised and flexible in order to make it easier for EU citizens to benefit from advancements in new technologies.</p>}},
author = {{Heyman, Fredrik and Norbäck, Pehr Johan and Persson, Lars}},
booktitle = {{The European Union and the Technology Shift}},
isbn = {{9783030636715}},
keywords = {{Digitalisation; Fourth industrial revolution; ICT; Productivity}},
language = {{eng}},
pages = {{135--159}},
publisher = {{Springer International Publishing}},
title = {{Digitalisation, productivity and jobs : A European perspective}},
url = {{http://dx.doi.org/10.1007/978-3-030-63672-2_6}},
doi = {{10.1007/978-3-030-63672-2_6}},
year = {{2021}},
}