Europe 4.0: Addressing the Digital Dilemma

doi:10.1596/34746

Publication:
Europe 4.0: Addressing the Digital Dilemma

dc.contributor.author	Fengler, Wolfgang
dc.contributor.author	Hallward-Driemeier, Mary
dc.contributor.author	Nayyar, Gaurav
dc.contributor.author	Gill, Indermit
dc.contributor.author	Aridi, Anwar
dc.date.accessioned	2020-11-05T21:56:28Z
dc.date.available	2020-11-05T21:56:28Z
dc.date.issued	2020-11-09
dc.description.abstract	This report examines the underlying economics of different types of digital technologies. It highlights what the new drivers of change are, why the dynamics with this latest round of technological change may be different, and what the distributional impacts may be within and across countries. It then examines the evidence for how different digital technologies are – or are not – contributing to competitiveness and opportunities for small and young firms, and firms in less developed areas, and what can be done about it. Europe faces a digital dilemma. European firms are particularly strong in operational technologies such as smart robotics and 3D printing. While this helps Europe's competitiveness, it also widens the divide between large and small firms, and leading and lagging regions. On the other hand, digital technologies, such as transactional technologies or matching platforms, have the greatest potential for market inclusion and convergence, but this is where Europe remains less competitive. The report lays out how Europe 4.0 is attainable. The COVID-19 (coronavirus) pandemic has highlighted the importance of the data economy — and raised the risks if the digital dilemma is not addressed. This report provides a framework, evidence and recommendations on how governments can respond. Europe has the chance to attain a dynamic and inclusive technologically enhanced future, it should take that chance.	en
dc.identifier.doi	10.1596/34746
dc.identifier.uri	https://hdl.handle.net/10986/34746
dc.publisher	World Bank, Washington, DC
dc.rights	CC BY 3.0 IGO
dc.rights.holder	World Bank
dc.rights.uri	http://creativecommons.org/licenses/by/3.0/igo
dc.subject	DIGITAL TECHNOLOGY
dc.subject	DIGITAL DIVIDE
dc.subject	TECHNOLOGY CHANGE
dc.subject	TECHNOLOGICAL CHANGE
dc.subject	COMPETIVENESS
dc.subject	MARKET INCLUSION
dc.subject	INFORMATIONAL TECHNOLOGY
dc.subject	TRANSACTIONAL TECHNOLOGY
dc.subject	OPERATIONAL TECHNOLOGY
dc.subject	GEOGRAPHIC CONVERGENCE
dc.subject	SINGLE MARKET
dc.title	Europe 4.0	en
dc.title.subtitle	Addressing the Digital Dilemma	en
dc.type	Report	en
dc.type	Rapport	fr
dc.type	Informe	es
dspace.entity.type	Publication
okr.crossref.title	Europe 4.0
okr.date.disclosure	2020-11-09
okr.date.doiregistration	2025-04-07T08:18:17.731980Z
okr.date.doiregistration	2025-04-08T16:08:19.827386Z
okr.date.doiregistration	2025-04-09T02:52:56.107178Z
okr.doctype	Publications & Research
okr.doctype	Publications & Research::Working Paper
okr.guid	335011604604675486
okr.guid	424281604603989079
okr.identifier.doi	10.1596/34746
okr.identifier.report	154213
okr.language.supported	en
okr.topic	Information and Communication Technologies::Digital Divide
okr.topic	Information and Communication Technologies::ICT Economics
okr.topic	Information and Communication Technologies::ICT Policy and Strategies
okr.topic	Information and Communication Technologies::Information Technology
okr.topic	International Economics and Trade::Access to Markets
okr.topic	International Economics and Trade::Export Competitiveness
okr.topic	International Economics and Trade::Trade and Regional Integration
okr.unit	Equitable Growth, Finance and Institutions Global Practice
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