Digitization is penetrating all areas of life and networking people, machines and processes. This is creating immense opportunities for the German economy.
Digitization
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)
Theories of Harm Because of Data
While digital platforms become more and more important for the whole society as well as the economy, regulatory reactions are also discussed and implemented.
IW
Digitalisation Index 2023: Digitalisation of the economy in Germany
The digitalisation of the economy in Germany continues to stagnate in 2023: the digitalisation index score is 108.6 points in 2023 compared to 110.5 points in 2022. After the sharp rise in 2021, the development of digitalisation since then can be described as ...
IW
The anti‑steering provision of Article 5 (4) of the DMA: a law and economics assessment on the business model of gatekeepers and business users
Data is a success factor for digital platforms and the core of their business model. The rationale behind this is that data allows for improving the matching process between users which creates value for the platform.
IW
To share or not to share: Regulating Data Brokers
Data has become an increasingly important input in the economy. Hence, data and access to data play an increasingly key role in the global economy and for innovation and are crucial for the competitiveness of companies and the EU economy.
IW