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Digitization

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.

German Economic Institute (IW) German Economic Institute (IW)

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Hype or "next big thing"?
Jan Büchel / Hans-Peter Klös IW-Report No. 42 24. August 2022

Metaverse: Hype or "next big thing"?

Not only since the Facebook group renamed itself Meta in October 2021 has the topic of metaverse gained substantial importance. Experiences due to the corona pandemic have also spurred digital applications to a great extent.

IW

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A digital economic concept
Barbara Engels IW-Policy Paper No. 3 8. August 2022

Sustainable Digitalization: A digital economic concept

Data usage, networking, automation and autonomization: digitalization is omnipresent. But what is digitalization for? It is not an end in itself. It is intended to serve people, to help them achieve greater prosperity.

IW

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Michael Hüther / Matthias Diermeier in Ernest Gnan / Christoph Schneider / Claudia Stowasser (Hg.) Schwerpunkt Außenwirtschaft 2021/2022 External Publication 4. July 2022

Globalisation under pressure?: How current megatrends shape the patters of international trade, capital flows and technology diffusion

Deglobalisation, digitalisation, decarbonisation, and demographic change have already left their mark on the global economy. In the future the multiple transformations that the international patterns of specialisation undergo are likely to accelerate as the ...

IW

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Jan Büchel / Barbara Engels in European Liberal Forum External Publication 4. July 2022

The Importance of the Data Economy for Europe’s Digital Strategic Autonomy

European companies need to have the ability to store, process, use, and share data securely and autonomously, for example by using cloud services based on agreed quality standards, values, and legislation.

IW

Our Experts

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Vera Demary

Dr. Vera Demary

Head of Cluster Digitalization and Climate Change

Tel: +49 221 4981-749
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Barbara Engels

Barbara Engels

Senior Economist for Sustainable Digitization

Tel: +49 221 4981-703
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Christian Rusche

Dr. Christian Rusche

Senior Economist for Competition and Structural Change

Tel: +49 221 4981-412
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All news

101 results
Read study
Hype or "next big thing"?
IW-Report No. 42 24. August 2022

Metaverse: Hype or "next big thing"?

Jan Büchel / Hans-Peter Klös

Not only since the Facebook group renamed itself Meta in October 2021 has the topic of metaverse gained substantial importance. Experiences due to the corona pandemic have also spurred digital applications to a great extent.

IW

Read study
A digital economic concept
IW-Policy Paper No. 3 8. August 2022

Sustainable Digitalization: A digital economic concept

Barbara Engels

Data usage, networking, automation and autonomization: digitalization is omnipresent. But what is digitalization for? It is not an end in itself. It is intended to serve people, to help them achieve greater prosperity.

IW

Read study
How current megatrends shape the patters of international trade, capital flows and technology diffusion
External Publication 4. July 2022

Globalisation under pressure?: How current megatrends shape the patters of international trade, capital flows and technology diffusion

Michael Hüther / Matthias Diermeier in Ernest Gnan / Christoph Schneider / Claudia Stowasser (Hg.) Schwerpunkt Außenwirtschaft 2021/2022

Deglobalisation, digitalisation, decarbonisation, and demographic change have already left their mark on the global economy. In the future the multiple transformations that the international patterns of specialisation undergo are likely to accelerate as the four megatrends mature and unfold their true disruptive potential.

IW

Read study
The Importance of the Data Economy for Europe’s Digital Strategic Autonomy
External Publication 4. July 2022

The Importance of the Data Economy for Europe’s Digital Strategic Autonomy

Jan Büchel / Barbara Engels in European Liberal Forum

European companies need to have the ability to store, process, use, and share data securely and autonomously, for example by using cloud services based on agreed quality standards, values, and legislation.

IW

View event
3. Jun 3. Jun
Hubertus Bardt Event 3. June 2022

virtual symposium: Digital Innovation for Decarbonization

Cracking the „twin challenge” of digital and green transformation could have a huge impact on future energy supply and decarbonization. Our experts will show the potentials of digital innovation along the entire value chain, from energy production to a circular economy.

IW

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