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 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.
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| Format: | Working Paper biblioteca |
| Language: | English en_US |
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World Bank, Washington, DC
2016
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| Subjects: | technology diffusion, economic transformation, knowledge-based economy, local innovation, entrepreneurship, competitiveness, coworking spaces, accelerators, maker spaces, fablabs, techshop, living labs, urban labs, innovation hub, |
| Online Access: | 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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