IDEAS home Printed from https://ideas.repec.org/p/pra/mprapa/113820.html
   My bibliography  Save this paper

Surfing the Digital Tsunami: Scenarios Report. Preliminary scenarios exploring the decade ahead for Australian business and the economy

Author

Listed:
  • Quezada, George
  • Adcock, M
  • Bratanova, Alexandra
  • Ponce Reyes, R
  • Hajkowicz, Stefan

Abstract

The spectacular rise of digital technology has shifted the world into a new economic era increasingly influenced by mobile devices, online platforms and sophisticated algorithms. This moment in history is perhaps as transformative as the early industrial revolution. Advanced digital technologies are proliferating and transforming the way goods and services are produced, delivered and consumed – a phenomenon we know as ‘digital disruption’, and significant changes are in store for jobs, businesses, industries, nations and the future global economy. Surfing the Digital Tsunami uses scenarios to explore how digital innovation might transform Australian business and the economy, and impact the role of government. The report is based on a scenario development process conducted by CSIRO | Data61 in partnership with the Department of Industry, Innovation and Science (DIIS). Scenarios are hypothetical stories about the future that are informed by evidence relating to important trends or drivers of change. Scenarios do not predict the future but rather highlight critical issues and plausible chains of events, and their outcomes.

Suggested Citation

  • Quezada, George & Adcock, M & Bratanova, Alexandra & Ponce Reyes, R & Hajkowicz, Stefan, 2017. "Surfing the Digital Tsunami: Scenarios Report. Preliminary scenarios exploring the decade ahead for Australian business and the economy," MPRA Paper 113820, University Library of Munich, Germany.
    • Handle: RePEc:pra:mprapa:113820
    as

    Download full text from publisher

    File URL: https://mpra.ub.uni-muenchen.de/113820/1/MPRA_paper_113820.pdf
    File Function: original version
    Download Restriction: no
    ---><---

    References listed on IDEAS

    as
    1. Zoltán J. Ács & László Szerb & Esteban Lafuente & Ainsley Lloyd, 2018. "The Global Entrepreneurship and Development Index," SpringerBriefs in Economics, in: Global Entrepreneurship and Development Index 2018, chapter 0, pages 21-37, Springer.
    2. Camilo Mora & Abby G. Frazier & Ryan J. Longman & Rachel S. Dacks & Maya M. Walton & Eric J. Tong & Joseph J. Sanchez & Lauren R. Kaiser & Yuko O. Stender & James M. Anderson & Christine M. Ambrosino , 2013. "The projected timing of climate departure from recent variability," Nature, Nature, vol. 502(7470), pages 183-187, October.
    3. Oecd, 2016. "PISA 2015 Results in Focus," PISA in Focus 67, OECD Publishing.
    4. Geels, Frank W., 2002. "Technological transitions as evolutionary reconfiguration processes: a multi-level perspective and a case-study," Research Policy, Elsevier, vol. 31(8-9), pages 1257-1274, December.
    5. Wilkinson, Angela & Kupers, Roland & Mangalagiu, Diana, 2013. "How plausibility-based scenario practices are grappling with complexity to appreciate and address 21st century challenges," Technological Forecasting and Social Change, Elsevier, vol. 80(4), pages 699-710.
    6. Zoltan Acs & László Szerb & Erkko Autio, 2017. "The Global Entrepreneurship Index," SpringerBriefs in Economics, in: Global Entrepreneurship and Development Index 2016, chapter 0, pages 19-38, Springer.
    7. Tim Atkin & Mark Caputo & Tim Robinson & Hao Wang, 2014. "Australia after the Terms of Trade Boom," RBA Bulletin (Print copy discontinued), Reserve Bank of Australia, pages 55-62, March.
    8. Zoltan J. Acs & László Szerb & Ainsley Lloyd, 2017. "Global Entrepreneurship and Development Index 2017," SpringerBriefs in Economics, Springer, number 978-3-319-65903-9, October.
    9. Jennie Moore, 2015. "Ecological Footprints and Lifestyle Archetypes: Exploring Dimensions of Consumption and the Transformation Needed to Achieve Urban Sustainability," Sustainability, MDPI, vol. 7(4), pages 1-17, April.
    Full references (including those not matched with items on IDEAS)

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Dorine Cornet & Jean Bonnet & Sébastien Bourdin, 2023. "Digital entrepreneurship indicator (DEI): an analysis of the case of the greater Paris metropolitan area," The Annals of Regional Science, Springer;Western Regional Science Association, vol. 71(3), pages 697-724, December.
    2. Tshehla, Steven S. & Chodokufa, Kudakwashe & Costa, King, 2021. "Entrepreneurship Education’s Influence on Learner’s Entrepreneurship Intention in South African Schools," AfricArxiv gpn98, Center for Open Science.
    3. Thorsten Lammers & Dilek Cetindamar & Maren Borkert, 2021. "A Digital Tale of Two Cities—Observing the Dynamics of the Artificial Intelligence Ecosystems in Berlin and Sydney," Sustainability, MDPI, vol. 13(19), pages 1-19, September.
    4. Charalampos Michael Vlados & Nikolaos Deniozos & Demosthenes Chatzinikolaou, 2018. "Towards A New Approach of Local Development under Crisis Conditions: Empowering the Local Business Ecosystems in Greece, by Adopting a New Local Development Policy," International Journal of Regional Development, Macrothink Institute, vol. 5(1), pages 1-1, December.
    5. Franz Huber & Alan Ponce & Francesco Rentocchini & Thomas Wainwright, 2020. "The Wealth of (Open Data) Nations? Examining the interplay of open government data and country-level institutions for entrepreneurial activity at the country-level," SEEDS Working Papers 1120, SEEDS, Sustainability Environmental Economics and Dynamics Studies, revised Nov 2020.
    6. Tshehla, Belinda & Costa, King, 2021. "Exploring The Relationship Between Mentorship And Successful Youth Entrepreneurship At Telkom, South Africa," AfricArxiv c5r4e, Center for Open Science.
    7. Pindado, Emilio & Sánchez, Mercedes & García Martínez, Marian, 2023. "Entrepreneurial innovativeness: When too little or too much agglomeration hurts," Research Policy, Elsevier, vol. 52(1).
    8. Feng Xu & Xiaogang He & Xueru Yang, 2021. "A Multilevel Approach Linking Entrepreneurial Contexts to Subjective Well-Being: Evidence from Rural Chinese Entrepreneurs," Journal of Happiness Studies, Springer, vol. 22(4), pages 1537-1561, April.
    9. Mohamed Abouelhassan Ali & Moaaz Kabil & Rahaf Alayan & Róbert Magda & Lóránt Dénes Dávid, 2021. "Entrepreneurship Ecosystem Performance in Egypt: An Empirical Study Based on the Global Entrepreneurship Index (GEI)," Sustainability, MDPI, vol. 13(13), pages 1-22, June.
    10. Viktoriia Smiesova & Anna Pylypenko & Marina Ivanova & Roman Karpenko, 2019. "Economic and Institutional Conditions for Implementation of Economic Interests in the Countries of the World," Montenegrin Journal of Economics, Economic Laboratory for Transition Research (ELIT), vol. 15(4), pages 75-86.
    11. Lars Speckemeier & Dimitrios Tsivrikos, 2022. "Green Entrepreneurship: Should Legislators Invest in the Formation of Sustainable Hubs?," Sustainability, MDPI, vol. 14(12), pages 1-26, June.
    12. David B. Audretsch, 2021. "The Legacy of Zoltan J. Acs," Small Business Economics, Springer, vol. 57(4), pages 1623-1628, December.
    13. Asim Nasar & Suzilawati Kamarudin & Adriana Mohd Rizal & Vu Thi Bich Ngoc & Samar Mohammad Shoaib, 2019. "Short-Term and Long-Term Entrepreneurial Intention Comparison between Pakistan and Vietnam," Sustainability, MDPI, vol. 11(23), pages 1-26, November.
    14. John Bosco Nnyanzi & Bruno L. Yawe & John Ddumba-Ssentamu, 2019. "Entrepreneurship and Economic Performance in Africa: A Sectoral Analysis with Focus on the Role of Finance, Institutions and Globalization," International Journal of Economics and Finance, Canadian Center of Science and Education, vol. 11(1), pages 37-55, January.
    15. Galvão, Ana & Pinheiro, Marco, 2017. "Pragmatism, Need For Comfort And Need For Acceptance -Psychological Traits For Successful Entrepreneurship In Portugal," Journal of Tourism, Sustainability and Well-being, Cinturs - Research Centre for Tourism, Sustainability and Well-being, University of Algarve, vol. 5(3), pages 264-277.
    16. Valerie Mendonca & Rajesh Jain, 2019. "Boom Country? The New Wave of Indian Enterprise," Vikalpa: The Journal for Decision Makers, , vol. 44(1), pages 55-57, March.
    17. Bruno Fischer & Paola Rücker Schaeffer & Sérgio Queiroz, 2019. "High-growth entrepreneurship in a developing country: Regional systems or stochastic process?," Contaduría y Administración, Accounting and Management, vol. 64(1), pages 59-60, Enero-Mar.
    18. Erkko Autio & Laszlo Szerb & Eva Komlosi & Monika Tiszberger, 2020. "EIDES 2020: The European Index of Digital Entrepreneurship Systems," JRC Research Reports JRC120727, Joint Research Centre.
    19. Kristian Kremer, 2019. "The Entrepreneurial Ecosystem: A Country Comparison Based on the GEI Approach," ifo DICE Report, ifo Institute - Leibniz Institute for Economic Research at the University of Munich, vol. 17(02), pages 52-62, August.
    20. Erkko Autio & Laszlo Szerb & Eva Komlosi & Monika Tiszberger, 2018. "The European Index of Digital Entrepreneurship Systems," JRC Research Reports JRC112439, Joint Research Centre.

    More about this item

    Keywords

    Digital; technology; scenarios; decision science; innovation; digital disruption; strategic foresight;
    All these keywords.

    JEL classification:

    • H54 - Public Economics - - National Government Expenditures and Related Policies - - - Infrastructures
    • O21 - Economic Development, Innovation, Technological Change, and Growth - - Development Planning and Policy - - - Planning Models; Planning Policy
    • O32 - Economic Development, Innovation, Technological Change, and Growth - - Innovation; Research and Development; Technological Change; Intellectual Property Rights - - - Management of Technological Innovation and R&D
    • O33 - Economic Development, Innovation, Technological Change, and Growth - - Innovation; Research and Development; Technological Change; Intellectual Property Rights - - - Technological Change: Choices and Consequences; Diffusion Processes
    • O38 - Economic Development, Innovation, Technological Change, and Growth - - Innovation; Research and Development; Technological Change; Intellectual Property Rights - - - Government Policy

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:pra:mprapa:113820. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Joachim Winter (email available below). General contact details of provider: https://edirc.repec.org/data/vfmunde.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.