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Showing posts from October, 2015

Success factors for digital economies - information symmetry

In previous posts I've written about presentations on the trajectories of digital economies in Africa and Norway . Both of these were based on an unfinished framework I've been developing that tries to describe the success factors for national economies in the Early Digital Economy. I won't recap this framework in detail as its described in the posts linked above, but at the highest level it breaks the success factors into four categories: Pervasive access to computing Information symmetry Innovative AND entrepreneurial culture Digital skills and education In order to complete the framework and starting building a broader data set to test it I've now populated one of the two missing sections, information symmetry . This topic breaks into 4: Unfiltered access to information, enabling people to have open conversations and access (if not a preference for) content from every potential point of view. This is vital for true innovation as a fear of repercussions

Norway and the Digital Economy

I'm on my way back from Oslo, where I presented a keynote on the Digital Economy at the DND IT-lederkonferansen 2015 conference. Rather than do a standard Eight Traits presentation I decided to build on the work on success factors for digital economies that I prepared for SATNAC last month. You can find the presentation here . The structure of my argument was as follows: Norway was one of the greatest beneficiaries of the Industrial Economy. Before 1770 GDP per capita was on the same level as Mexico or Portugal; now it is more than twice that of the latter and three times the former. (I had to show 2003 numbers on the chart as doing 2015 made it look crazy!) But now the system is changing away from automation of physical processes into automation of mental ones. This will cause great disruption as it will polarise the productivity and hence the success of companies and countries. So how well set up is Norway? Success for digital economies is driven by four main factors: ac