Search results for "two-faced nature of ICT"
showing 3 items of 3 documents
Co-evolution of three mega-trends nurtures un-captured GDP : Uber's ride-sharing revolution
2016
Uber used a disruptive business model driven by digital technology to trigger a ride-sharing revolution. The institution- al sources of the company’s platform ecosystem architecture were analyzed to explain this revolutionary change. Both an empirical analysis of a co-existing development trajectory with taxis and institutional enablers that helped to create Uber’s platform ecosystem were analyzed. The analysis identified a correspondence with the “two-faced” nature of ICT that nurtures uncaptured GDP. This two-faced nature of ICT can be attributed to a virtuous cycle of decline in prices and an increase in the number of trips. We show that this cycle can be attributed to a self-propagating…
Co-evolution of three mega-trends nurtures un-captured GDP – Uber's ride-sharing revolution
2016
Uber used a disruptive business model driven by digital technology to trigger a ride-sharing revolution. The institutional sources of the company’s platform ecosystem architecture were analyzed to explain this revolutionary change. Both an empirical analysis of a co-existing development trajectory with taxis and institutional enablers that helped to create Uber’s platform ecosystem were analyzed. The analysis identified a correspondence with the “two-faced” nature of ICT that nurtures un-captured GDP. This two-faced nature of ICT can be attributed to a virtuous cycle of decline in prices and an increase in the number of trips. We show that this cycle can be attributed to a self-propagating …
Transformative direction of innovation and measurement of uncaptured GDP in the digital economy
2017
The Internet has dramatically changed business dynamics and our daily lives by providing extraordinary services and welfare never anticipated before. However, productivity in industrialized countries has confronted an apparent decline. The ICT advanced firms and countries are suffering with low marginal productivity of their ICT investments. This reveals the two-faced nature of ICT and productivity paradox in the digital economy. With the progression of technology and transition from commodity- oriented to information society, the consumers’ preferences are believed to be shifted beyond economic value. The digitization has promoted the free and un- monetized consumption of digital goods and…