Publication: Which Countries are Better Prepared to Compete Globally in the Disruptive Technology Age?: A Rapid, Forward-Looking Analysis of Countries' Share of the Global Private Sector
Date
2018-10-23
ISSN
Published
2018-10-23
Author(s)
Mulas, Victor
Abstract
This note provides a rapid,
forward-looking analysis of countries’ share of the global
private sector. By using technology-enabled Unicorns as a
leading indicator of the future’s global private sector,
which is dominated by a technology platform business model
of zero marginal costs and winner-takes-all dynamics, this
analysis provides an indication of relative gains and losses
of countries in the transition to a technology-driven new
economy. The results are tested by comparing the gross
domestic product (GDP) growth of countries and their
relative position in this transition, which is then measured
using a forward-looking approach. This analysis is a first
approximation toward a predictive assessment and requires
further research. However, the results provided in this note
can help policy makers consider and assess new factors to
deal with the uncertainties of disruptive technologies in
their economies.
Citation
“Mulas, Victor. 2018. Which Countries are Better Prepared to Compete Globally in the Disruptive Technology Age?: A Rapid, Forward-Looking Analysis of Countries' Share of the Global Private Sector. Finance, Competitiveness and Innovation in Focus;. © World Bank, Washington, DC. http://hdl.handle.net/10986/30615 License: CC BY 3.0 IGO.”