Chapter 2: Digital and Technical Transformation
CESifo Group Munich, Munich, 2020
EEAG Report on the European Economy 2020, 38-55
Chapter 2 reviews the rapid digital and technological transformation of recent decades. Companies with digital business models, mostly operating in hightechnology industries, have revolutionized the way we live, work, and do business. US companies like Facebook, Apple, Uber, Google, Amazon, and Microsoft started out as small startup companies and now share most of the market capitalization among themselves. Due to China’s technology investments, this type of organization has emerged there as well, leaving Europe (relatively) behind.
Included in
EEAG Report on the European Economy 2020: Fair Taxation in a Mobile World
CESifo, Munich, 2020