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The principles of contract law have shown continued resilience in light of constant technological developments … challenge to the principles of contract law and may test their flexibility. Purportedly, block-chain-based smart contracts …, popularly defined as the encoding of legal terms in self-executing computer code, enable not only the automation of performance …
Persistent link: https://www.econbiz.de/10012825678
practices of business law. Developments in automated contract drafting and management have spurred the entry of low … encouraging “open-source” peer production of novel contract provisions …
Persistent link: https://www.econbiz.de/10014154993
This paper assesses the importance of digitalization in Germany and other developed countries with a particular attention to the potential or actual impact it may have on the labor market. Referring to available empirical evidence, we document the already developing transformation of occupations...
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survey (ESJS), jobs are bundled according to their estimated risk of automation. The paper builds on the methodology of … very high risk of automation. The distribution of high automatability across industries and occupations is also found to be …
Persistent link: https://www.econbiz.de/10011913466
Purpose: Industry 4.0 represents a special challenge for businesses in general and for SMEs in particular. The study at hand will examine companies' awareness, readiness and capability to meet this challenge taking into account the special role of SMEs Design/methodology/approach: The results of...
Persistent link: https://www.econbiz.de/10011915834
Digitalization is the buzzword under which profound changes of the labor market can be summarized. Next to automation …
Persistent link: https://www.econbiz.de/10011758434