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Transforming the socio economy with digital innovation

Record Type:	Electronic resources : Monograph/item
Title/Author:	Transforming the socio economy with digital innovationChiho Watanabe, Yuji Tou, Pekka Neittaanmäki.
Author:	Watanabe, Chihiro.
other author:	Tou, Yuji.
Published:	San Diego :Elsevier,2021.
Description:	1 online resource (333 p.).
Subject:	EconomicsSociological aspects.
Online resource:	https://www.sciencedirect.com/science/book/9780323884655
ISBN:	9780323884662 (electronic bk.)

Transforming the socio economy with digital innovation
Watanabe, Chihiro.

Transforming the socio economy with digital innovation[electronic resource] /Chiho Watanabe, Yuji Tou, Pekka Neittaanmäki. - San Diego :Elsevier,2021. - 1 online resource (333 p.).

Includes bibliographical references and index.

Intro -- Title page -- Table of Contents -- Copyright -- About the authors -- Preface -- Acknowledgments -- Chapter 1. Introduction -- 1.1. Rapid increase in digitalized innovation -- 1.2. Structural decline in productivity -- 1.3. The dilemma of digitalized innovation and productivity decline -- 1.4. Two-sided nature of information and communication technology -- 1.5. Uncaptured GDP -- 1.6. Spin-off coevolution -- 1.7. Activation of self-propagating function -- 1.8. Soft innovation resources -- 1.9. Neo open innovation.

Advances in digital innovations continue to dramatically change daily life, work and the economy. Transforming to a Digital Society and Economy provides deep insights for advancing economic growth in our developing digital world, explaining the underlying techno-economics and our ability to make informed decisions. Using empirical analyses derived from data-driven modeling, Transforming to a Digital Society and Economy explores the impacts of digital innovation on socio-economic phenomena, resilience, and governance. It examines the limitation of using GDP as a measure of economic growth in digital societies, stressing how the Internet promotes a "free" culture that cannot be captured through GDP data. The book synthesizes multi-dimensional research consisting of digital platform ecosystems observations, theoretical appraisals, statistical methods development, in-depth empirical analysis, and database construction for analysis and outcomes compilation. Utilizing analysis from more than 500 global ICT leaders, Transforming to a Digital Society and Economy identifies potential challenges and solutions for academic analysis, economic planning, and policy-making.

ISBN: 9780323884662 (electronic bk.)Subjects--Topical Terms:

184869
Economics
--Sociological aspects.Index Terms--Genre/Form:

214472
Electronic books.

LC Class. No.: HD82

Dewey Class. No.: 338.064

Transforming the socio economy with digital innovation
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100 1 $a Watanabe, Chihiro. $3 389143
245 1 0 $a Transforming the socio economy with digital innovation $h [electronic resource] / $c Chiho Watanabe, Yuji Tou, Pekka Neittaanmäki.
260 $a San Diego : $b Elsevier, $c 2021.
300 $a 1 online resource (333 p.).
504 $a Includes bibliographical references and index.
505 0 $a Intro -- Title page -- Table of Contents -- Copyright -- About the authors -- Preface -- Acknowledgments -- Chapter 1. Introduction -- 1.1. Rapid increase in digitalized innovation -- 1.2. Structural decline in productivity -- 1.3. The dilemma of digitalized innovation and productivity decline -- 1.4. Two-sided nature of information and communication technology -- 1.5. Uncaptured GDP -- 1.6. Spin-off coevolution -- 1.7. Activation of self-propagating function -- 1.8. Soft innovation resources -- 1.9. Neo open innovation.
505 8 $a Chapter 2. The productivity paradox and the limitations of GDP in measuring the digital economy -- 2.1. The increasing significance of the measurement mismatch in the digital economy -- 2.2. From "computer-initiated" to "internet-initiated" productivity paradox -- 2.3. New spin-off business strategies in the transition to an Internet of Things society -- 2.4. Limitations of GDP data for measuring the digital economy -- 2.5. Conclusion -- Chapter 3. Increasing dependence on uncaptured GDP and ways to measure it -- 3.1. Structural sources of productivity decline in the digital economy.
505 8 $a 3.2. The two-sided nature of information and communication technology -- 3.3. Shift from monetary to nonmonetary consumption -- 3.4. Emergence of uncaptured GDP and its measurement -- 3.5. Conclusion -- Chapter 4. The emergence of soft innovation resources -- 4.1. The new stream of the digital economy and beyond -- 4.2. Remarkable disruptive business models from which new innovations emerge -- 4.3. Soft innovation resources -- 4.4. Assessment of soft innovation resources -- 4.5. Conclusion -- Chapter 5. Neo open innovation in the digital economy.
505 8 $a 5.1. R&D-driven growth in an Internet of Things society -- 5.2. Bipolarization of information and communication technology-driven development -- 5.3. R&D expansion versus declining productivity -- 5.4. Neo open innovation -- 5.5. Conclusion -- Chapter 6. The transformation of R&D into neo open innovation -- 6.1. A new concept of R&D in neo open innovation -- 6.2. The fusion of technology management and financial management -- 6.3. Investor surplus to leverage stakeholder capitalization -- 6.4. Orchestrating technofinancing systems -- 6.5. Conclusion.
505 8 $a Chapter 7. Operationalizing uncaptured GDP with neo open innovation -- 7.1. New research directions for future neo open innovation -- 7.2. Conceptualizing and operationalizing the transformation process -- 7.3. Tracking input return journeys as outcomes via digital transformation -- 7.4. A novel R&D concept that embeds a growth characteristic during an R&D process -- 7.5. Conclusion -- Chapter 8. Conclusion -- Appendix I. Basic mathematics for technoeconomic analysis -- Appendix II. Database for technoeconomic analysis.
505 8 $a Appendix III. Remarkable disruptive business models and emerging new innovations.
520 $a Advances in digital innovations continue to dramatically change daily life, work and the economy. Transforming to a Digital Society and Economy provides deep insights for advancing economic growth in our developing digital world, explaining the underlying techno-economics and our ability to make informed decisions. Using empirical analyses derived from data-driven modeling, Transforming to a Digital Society and Economy explores the impacts of digital innovation on socio-economic phenomena, resilience, and governance. It examines the limitation of using GDP as a measure of economic growth in digital societies, stressing how the Internet promotes a "free" culture that cannot be captured through GDP data. The book synthesizes multi-dimensional research consisting of digital platform ecosystems observations, theoretical appraisals, statistical methods development, in-depth empirical analysis, and database construction for analysis and outcomes compilation. Utilizing analysis from more than 500 global ICT leaders, Transforming to a Digital Society and Economy identifies potential challenges and solutions for academic analysis, economic planning, and policy-making.
650 0 $a Economics $x Sociological aspects. $3 184869
650 0 $a Technological innovations $x Economic aspects. $3 174814
655 4 $a Electronic books. $2 local. $3 214472
700 1 $a Tou, Yuji. $3 928579
700 1 $a Neittaanmäki, Pekka. $3 928580
856 4 0 $u https://www.sciencedirect.com/science/book/9780323884655