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The Red Queen Retail Race - An Innovation Pandemic in the Era of Digitization
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The Red Queen Retail Race - An Innovation Pandemic in the Era of Digitization
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The Red Queen Retail Race: An Innovation Pandemic in the Era of
Digitization, considers how innovation through technological change
has been transforming the retail sector in different markets, and
how such change has been accelerated through the impact of the
Covid-19 pandemic. The book is inspired by Alice's encounters of
the Red Queen's race in the classic novel Through the Looking-Glass
by Lewis Carroll (1871), where 'it takes all the running you can
do, to keep in the same place'. This metaphor is illustrative for
the service sector that is in a transition from 'a slow world'
towards a Red Queen race, where running faster is not enough by
itself. It is changing how a consumer society operates, replacing
investment in the physical confines of products, stores, and
geographical areas, with investment in the apparently unbounded
digital universe of information, relationships, and social
networks. Online and mobile services enable new entrants to bypass
investments in fixed assets and avoid regulatory issues by
employing new business models. By leveraging such advantages,
technologically-driven international competition has created
substantial challenges for established retailers and service
providers in domestic markets across the globe. The result is a
reconsideration of the role of place in a digital world.
General
| Imprint: |
Oxford UniversityPress
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| Country of origin: |
United Kingdom |
| Release date: |
June 2023 |
| Editors: |
Richard Cuthbertson
(Senior Research Fellow)
• Olli Aleksi Rusanen
(AI Applications)
• Lauri Paavola
(Postdoctoral Researcher)
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| Dimensions: |
240 x 160 x 17mm (L x W x T) |
| Pages: |
224 |
| ISBN-13: |
978-0-19-286261-7 |
| Categories: |
Books
Promotions
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| LSN: |
0-19-286261-8 |
| Barcode: |
9780192862617 |
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