Report

Europe 4.0 : Addressing the Digital Dilemma

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collection.link.213
https://openknowledge.worldbank.org/handle/10986/11866
collection.name.213
Other papers
dc.contributor.author
Hallward-Driemeier, Mary
dc.contributor.author
Nayyar, Gaurav
dc.contributor.author
Fengler, Wolfgang
dc.contributor.author
Aridi, Anwar
dc.contributor.author
Gill, Indermit
dc.date.accessioned
2020-11-05T21:56:28Z
dc.date.available
2020-11-05T21:56:28Z
dc.date.issued
2020-11-09
dc.date.lastModified
2020-11-06T05:11:08Z
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.uri
http://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
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TRANSACTIONAL TECHNOLOGY
dc.subject
OPERATIONAL TECHNOLOGY
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GEOGRAPHIC CONVERGENCE
dc.subject
SINGLE MARKET
dc.title
Europe 4.0
en
dc.title.subtitle
Addressing the Digital Dilemma
en
dc.type
Report
en
okr.date.disclosure
2020-11-09
okr.doctype
Publications & Research
okr.doctype
Publications & Research :: Working Paper
okr.googlescholar.linkpresent
yes
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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