Search results for "productivity decline"

showing 2 items of 2 documents

Harnessing soft innovation resources leads to neo open innovation

2019

Advancement of the digital economy has transformed the concept of the growth crossover in nations and firms, both concerning input and output. Advanced economies have been confronting a dilemma between input increases and output decreases. Contrary to traditional expectations, excessive increase in input has resulted in a productivity decline in output. A solution to this dilemma can only be expected by harnessing the vigor of soft innovation resources that lead to neo open innovation in the digital economy. This paper attempts to demonstrate this hypothetical view. Based on an empirical analysis of the development trajectories of 140 countries and 500 global ICT firms, dynamism, resulting …

Sociology and Political Science020209 energytuottavuusHuman Factors and Ergonomics02 engineering and technologydigital economyEducationinnovaatiotoimintadilemma0502 economics and business0202 electrical engineering electronic engineering information engineeringEconomicsDigital economyDynamismBusiness and International Managementsoft innovation resourcesdigitalisaatioProductivityneo open innovationOpen innovation05 social sciencesuusi talousInvestment (macroeconomics)Virtuous circle and vicious circleDilemmaInformation and Communications Technologyproductivity declineEconomic system050203 business & management
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A new paradox of the digital economy - Structural sources of the limitation of GDP statistics

2018

The Internet has dramatically changed the way we conduct business and our daily lives by provided us with unprecedented services and conveniences. However, contrary to such accomplishments, productivity in industrialized countries is now experiences an apparent decline. This has raised the question of a possible productivity paradox in the digital economy. The limitation of GDP statistics in measuring the advancement of the digital economy has thus become an important subject. This paper analyzed the structural sources of this problem. Utilizing the results of empirical analyses of national, industrial, and individual behavior in the digital economy, solutions to these critical issues were …

Value (ethics)Sociology and Political Science020209 energytuottavuusHuman Factors and Ergonomics02 engineering and technologydigital economyEducationinnovaatiotoiminta0502 economics and businessStatistics0202 electrical engineering electronic engineering information engineeringEconomicsDigital economyDynamismsoft innovation resourcesBusiness and International ManagementdigitalisaatiokansantalousProductivityta113ta511business.industry05 social sciencesuncaptured GDPlimitation of GDPTransformative learningInformation and Communications TechnologyProductivity paradoxproductivity declinebruttokansantuoteThe Internetbusiness050203 business & management
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