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The Digital Disruption and its Societal Impacts

Author

Listed:
  • Martin Kenney
  • Petri Rouvinen
  • John Zysman

Abstract

Deepening digitalization and globalization has induced an ongoing societal transformation that may ultimately prove to be as significant as the original industrial revolution. Even as the ICT industry is being restructured, global competition is being transformed. Previously dominant firms—including telecommunications carriers, equipment providers, and powerful legacy software firms—are under assault from the move to cloud computing, in the network center, and mobile computing, on the network periphery. This transformation of the computing and communication infrastructure has been occurring simultaneously with the spread of ever more complicated and sophisticated global value chains. The articles in this special issue explore a number of the key facets of this transformation in a comparative lens. The authors find that the social, legal, and economic arrangements will impact how these changes affect nation-states. For policy-makers there will be serious dilemmas, as they will have to simultaneously nurture and support many aspects of these changes, while also mitigating or channeling some of the outcomes so as to protect privacy, income equality, and fair taxation. Copyright The Author(s) 2015

Suggested Citation

  • Martin Kenney & Petri Rouvinen & John Zysman, 2015. "The Digital Disruption and its Societal Impacts," Journal of Industry, Competition and Trade, Springer, vol. 15(1), pages 1-4, March.
    • Handle: RePEc:kap:jincot:v:15:y:2015:i:1:p:1-4
    DOI: 10.1007/s10842-014-0187-z
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    Citations

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    Cited by:

    1. Michael Peneder & Julia Bock-Schappelwein & Matthias Firgo & Oliver Fritz & Gerhard Streicher, 2017. "Ökonomische Effekte der Digitalisierung in Österreich," WIFO Monatsberichte (monthly reports), WIFO, vol. 90(3), pages 177-192, March.
    2. Araz Taeihagh, 2017. "Crowdsourcing, Sharing Economies and Development," Journal of Developing Societies, , vol. 33(2), pages 191-222, June.
    3. Xinao Li, 2024. "The Impact of Technology Mergers and Acquisitions on Enterprise Sustainable Competitiveness," Sustainability, MDPI, vol. 16(6), pages 1-31, March.
    4. David B. Audretsch & Maksim Belitski & Rosa Caiazza & Farzana Chowdhury & Matthias Menter, 2023. "Entrepreneurial growth, value creation and new technologies," The Journal of Technology Transfer, Springer, vol. 48(5), pages 1535-1551, October.
    5. Marco Bettiol & Mauro Capestro & Eleonora Di Maria & Stefano Micelli, 2020. "At The Roots Of The Fourth Industrial Revolution: How ICT Investments Affect Industry 4.0 Adoption," "Marco Fanno" Working Papers 0253, Dipartimento di Scienze Economiche "Marco Fanno".
    6. Gillpatrick Tom, 2019. "The Digital Transformation of Marketing: Impact on Marketing Practice & Markets," Economics, Sciendo, vol. 7(2), pages 139-156, December.
    7. James Todd & Anwar Musah & James Cheshire, 2022. "Assessing the impacts of Airbnb listings on London house prices," Environment and Planning B, , vol. 49(1), pages 206-222, January.
    8. Wei Dai & Kam Yu, 2019. "Contestability in the Digital Music Player Market," Journal of Industry, Competition and Trade, Springer, vol. 19(2), pages 293-311, June.

    More about this item

    Keywords

    ICT; Structural change; Convergence; Commoditization; Political economy; L14; O33; P11;
    All these keywords.

    JEL classification:

    • L14 - Industrial Organization - - Market Structure, Firm Strategy, and Market Performance - - - Transactional Relationships; Contracts and Reputation
    • O33 - Economic Development, Innovation, Technological Change, and Growth - - Innovation; Research and Development; Technological Change; Intellectual Property Rights - - - Technological Change: Choices and Consequences; Diffusion Processes
    • P11 - Political Economy and Comparative Economic Systems - - Capitalist Economies - - - Planning, Coordination, and Reform

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