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The company's digital transformation requires the optimization and automation of processes through Industry 4.0 technology, leading to a new business model. Along with technology, effective human resource management (HRM) is crucial for this model. HRM and Industry 4.0 technology are...
Persistent link: https://www.econbiz.de/10014530331
Innovative business models supported by digital technologies, together with the widening connectivity and data collection, are already giving a big contribution in fostering the access to electricity and clean cooking in Sub-Saharan Africa. This paper gives an overview on the actual state of...
Persistent link: https://www.econbiz.de/10011980678
Persistent link: https://www.econbiz.de/10012898213
A multidimensional financial system could provide benefits for individuals, companies, and states. Instead of top-down control, which is destined to eventually fail in a hyperconnected world, a bottom-up creation of value can unleash creative potential and drive innovations. Multiple currency...
Persistent link: https://www.econbiz.de/10012993527
This paper offers a brief reflection on the new policy challenges that have emerged as a result of the COVID-19 pandemic. It argues that a ‘new normal’ should acknowledge the ‘new essential’ (jobs and sectors). First, it examines the policy trade-off between containing the pandemic and...
Persistent link: https://www.econbiz.de/10013247780
In December 2020, new regulation of digital markets was proposed by European Commission. It specifically addresses main concerns raised by business behavior of operators of core services in their gatekeeping positions. However, voice assistants (or digital personal assistants, DPAs, e.g. Apple's...
Persistent link: https://www.econbiz.de/10012795284
The paper reviews the most critical state priorities in organizing the assistance and development of international trade. The first challenge is the creation and development of Digital Customs that ensure implementing a "single window" technology based on a digital platform - for organizing the...
Persistent link: https://www.econbiz.de/10013321816
Since a mysterious creator under the alias Satoshi Nakamoto (a pseudonym) launched first successful cryptocurrency in January 2009, he (or could be she) also opened the door for never-ending criticism, claims, arguments, plethora of articles, and media frenzy all contemplating what Bitcoin is....
Persistent link: https://www.econbiz.de/10013322461
Despite the fact that a comprehensive analysis of digitalization processes in the EU member states has been carried out, the impact of a country’s digitalization level on the risks of poverty and social exclusion requires further investigation. The purpose of the paper is to verify a...
Persistent link: https://www.econbiz.de/10012309282
In the past few decades, technological progress has led to the digitization and digitalization of economies into what one could now call digital economies. The COVID-19 pandemic will accelerate the development of the digital economy. In a digital economy, digital entrepreneurs pursue...
Persistent link: https://www.econbiz.de/10012288530