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  • 标题:Structural Sources of a Productivity Decline in the Digital Economy
  • 作者:Chihiro Watanabe ; Kuniko Moriya ; Yuji Tou
  • 期刊名称:International Journal of Managing Information Technology
  • 印刷版ISSN:0975-5926
  • 电子版ISSN:0975-5586
  • 出版年度:2018
  • 卷号:10
  • 期号:1
  • 出版社:Academy & Industry Research Collaboration Center (AIRCC)
  • 摘要:While the Internet-driven digitized innovation has provided us with extraordinary services and welfare,productivity in industrialized countries has been confronted with an apparent decline, and it has raised thequestion of a productivity paradox. The limitations of the GDP statistics in measuring the digital economyhave become an important subject.Based on national accounting framework and utilizing the development trajectories of 500 globalinformation and communication technology (ICT) firms,structural sources of such decline were investigated.It was identified the two-faced nature of ICT that resulting in R&D-intensive firms falling into a vicious cyclebetween R&D increase and marginal productivity of ICT decline.Confronting such circumstances, R&D-intensive firms have been endeavoring to transform into disruptivebusiness model by harnessing the vigor of soft innovation resources. This transformation leads tospontaneous creation of uncaptured GDP and provides insightful suggestion to overcome the limitation of theGDP statistics in the digital economy.
  • 关键词:Digital economy; productivity decline; limitation of GDP; two-faced nature of ICT; bipolarization
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