Digitization is penetrating all areas of life and networking people, machines and processes. This is creating immense opportunities for the German economy.
About the topic
In Germany, it has triggered a profound structural change in all areas of the economy and society. This digital transformation holds enormous opportunities, and they must be exploited - including, but not limited to, the automation and networking of value creation processes under the buzzword Industry 4.0. Autonomization in particular, i.e. enabling machines to organize, repair and optimize themselves, opens up extensive opportunities.
The prerequisites for digital transformation are nationwide high-speed networks and an unbureaucratic and capital-rich innovation environment. Employees also face challenges: Companies must identify the new requirements for employee qualifications and train employees accordingly. In addition, companies, especially from the SME sector, must drive digitization more strongly in their own operations, for example by refining their business models and developing new ones, for example in cooperation with startups. On this page you will find various topics and current studies from the field of digitization.
Digital Learning Media Boost Continuing Vocational Training in Enterprises
Digitalisation is leading to an increasing need for training. Companies which have already achieved a higher level of digitalisation see a greater need for further training than their less digitalised peers and are investing correspondingly more time and money in training their workforce.
Manuel Fritsch / Karl Lichtblau IW-Trends No. 1 15. March 2021
The Digital Economy in Germany
For many years now an OECD working group has been developing and coordinating an internationally comparable quantification of the economic effects of digitalization. However, the practical value of this initiative is limited by the nature of the available ...
Manuel Fritsch / Karl Lichtblau Expertise 15. March 2021
The Digital Economy in Germany: Data Availability and Initial Estimates
In a satellite account, a specific horizontal area of the economy is extracted from the System of National Accounts (SNA) and modelled as a separate product or industry group (satellite). The term “satellite” refers to the chosen subsets of sectors or economic ...
The effect of digital technologies on employment remains diffuse. Recent empirical analyses at the establishment and occupational levels certainly find no evidence that the digital transition has led, or will lead, to systematic job cuts.
A Coronavirus Shock for the Retail Sector in German City Centres
Henry Goecke / Christian Rusche
The Corona pandemic and the measures taken to contain the virus have delivered an asymmetrical shock to German business. This asymmetry is exemplified by the effects on the retail trade, an import ant part of the nation’s economy.
Digital Learning Media Boost Continuing Vocational Training in Enterprises
Susanne Seyda
Digitalisation is leading to an increasing need for training. Companies which have already achieved a higher level of digitalisation see a greater need for further training than their less digitalised peers and are investing correspondingly more time and money in training their workforce.
For many years now an OECD working group has been developing and coordinating an internationally comparable quantification of the economic effects of digitalization. However, the practical value of this initiative is limited by the nature of the available data.
The Digital Economy in Germany: Data Availability and Initial Estimates
Manuel Fritsch / Karl Lichtblau
In a satellite account, a specific horizontal area of the economy is extracted from the System of National Accounts (SNA) and modelled as a separate product or industry group (satellite). The term “satellite” refers to the chosen subsets of sectors or economic activities in that system.
A growing, but still small number of companies in Germany are supplying products and services based on the blockchain technology. Most of these are start-up companies and are headquartered in Berlin. Although a lot of them are focused on providing financial services, an increasing number of blockchain companies has started developing other blockchain-based services.
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