This book investigates the implications of digital technologies on
the industrial and business dynamics of modern economies. In-depth
studies analyse how deep-rooted work practices of the Old Economy
have been dramatically challenged when confronted with the
entrepreneurial wave of the New Economy. Initially the digitization
of existing processes was motivated by ideas of rationalization and
cost-cutting. The book convincingly shows how reaping the full
benefits necessitates fundamental changes in procedures and
organizational design. The effects transcend the boundaries of the
firm, as established channels of interaction with old partners must
be reconfigured and familiar divisions of labour rethought. The
Industrial Dynamics of the New Digital Economy presents novel and
detailed data showing how vast and still dominant industries of the
Old Economy have responded to the new challenges and exploited the
emerging opportunities of digitization in very different ways. The
book offers the first theoretical framework for analysing and
evaluating the different strategies chosen by industries when
struggling to rebuild competitive positions in the new digitized
business environment and will be of great value to academics,
industrial economists and all those interested in technology,
innovation and the new economy.
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