Adapting to the New Transformation of the Economy

Increasing signs suggest that the economy is in the process of a significant restructuring process. Technology-led transformations are no longer limited to technology-related sectors and are beginning to impact structural sectors, including manufac...

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Main Author: Mulas, Victor
Format: Working Paper
Language:English
en_US
Published: World Bank, Washington, DC 2017
Subjects:
Online Access:http://documents.worldbank.org/curated/en/641831482144791967/Adapting-to-the-new-transformation-of-the-economy
http://hdl.handle.net/10986/25871
id okr-10986-25871
recordtype oai_dc
spelling okr-10986-258712021-05-25T10:54:39Z Adapting to the New Transformation of the Economy Mulas, Victor technology diffusion economic transformation knowledge-based economy local innovation entrepreneurship competitiveness coworking spaces accelerators maker spaces fablabs techshop living labs urban labs innovation hub Increasing signs suggest that the economy is in the process of a significant restructuring process. Technology-led transformations are no longer limited to technology-related sectors and are beginning to impact structural sectors, including manufacturing, retailing, transportation, and construction. This change has potentially significant implications for the competitiveness of countries, business, and people. Some countries are starting to react to these economic changes in order to maintain their competitiveness. Most of these countries, however, are developed countries. If emerging economies want to remain competitive, they will also need to adapt to these economic trends. This paper presents policy areas for countries to prepare these economies to technology changes in order to maintain competitiveness and the creation of employment and growth. 2017-01-17T22:31:25Z 2017-01-17T22:31:25Z 2016 Working Paper http://documents.worldbank.org/curated/en/641831482144791967/Adapting-to-the-new-transformation-of-the-economy http://hdl.handle.net/10986/25871 English en_US CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo World Bank World Bank, Washington, DC Publications & Research Publications & Research :: Working Paper
repository_type Digital Repository
institution_category Foreign Institution
institution Digital Repositories
building World Bank Open Knowledge Repository
collection World Bank
language English
en_US
topic technology diffusion
economic transformation
knowledge-based economy
local innovation
entrepreneurship
competitiveness
coworking spaces
accelerators
maker spaces
fablabs
techshop
living labs
urban labs
innovation hub
spellingShingle technology diffusion
economic transformation
knowledge-based economy
local innovation
entrepreneurship
competitiveness
coworking spaces
accelerators
maker spaces
fablabs
techshop
living labs
urban labs
innovation hub
Mulas, Victor
Adapting to the New Transformation of the Economy
description Increasing signs suggest that the economy is in the process of a significant restructuring process. Technology-led transformations are no longer limited to technology-related sectors and are beginning to impact structural sectors, including manufacturing, retailing, transportation, and construction. This change has potentially significant implications for the competitiveness of countries, business, and people. Some countries are starting to react to these economic changes in order to maintain their competitiveness. Most of these countries, however, are developed countries. If emerging economies want to remain competitive, they will also need to adapt to these economic trends. This paper presents policy areas for countries to prepare these economies to technology changes in order to maintain competitiveness and the creation of employment and growth.
format Working Paper
author Mulas, Victor
author_facet Mulas, Victor
author_sort Mulas, Victor
title Adapting to the New Transformation of the Economy
title_short Adapting to the New Transformation of the Economy
title_full Adapting to the New Transformation of the Economy
title_fullStr Adapting to the New Transformation of the Economy
title_full_unstemmed Adapting to the New Transformation of the Economy
title_sort adapting to the new transformation of the economy
publisher World Bank, Washington, DC
publishDate 2017
url http://documents.worldbank.org/curated/en/641831482144791967/Adapting-to-the-new-transformation-of-the-economy
http://hdl.handle.net/10986/25871
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