About the Economics Department of the EIB The mission of the EIB Economics Department is to provide economic analyses and studies to support the Bank in its operations and to help define its positioning, strategy and policy. [...] to make the most of the digital transformation, the european Union will need to position itself well in the global environment, creating better internal conditions for innovation in technologies that are crucial to european interests and taking full advantage of the benefits of digitalisation, while staying within the boundaries of the european economic model. [...] Beyond the short-term response to COVID-19 and the war in Ukraine, the digital transformation of the eU economy will require the adoption of more advanced digital technologies, such as 3-D printing, advanced robotics, the internet of things, big data analytics and artificial intelligence, drones, online platforms and augmented reality. [...] the gap in the adoption of internet of things technologies between the european Union and the United States has narrowed in the last year. [...] the rapid increase in the adoption of digital technologies and the acceleration during the pandemic have added new layers to the debate on the polarisation created by technology and winner-takes-all dynamics in which a few firms dominate a market (rückert et al., 2021).
Authors
- Pages
- 47
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- Luxembourg
