Defining, Conceptualising and Measuring the Digital Economy

Defining, Conceptualising and Measuring the Digital Economy

The digital economy is growing fast, especially in developing countries. Yet the meaning and metrics
of the digital economy are both limited and divergent. The aim of this paper is to review what is
currently known in order to develop a definition of the digital economy, and an estimate of its size.
The paper argues there are three scopes of relevance. The core of the digital economy is the ‘digital
sector’: the IT/ICT sector producing foundational digital goods and services. The true ‘digital
economy’ – defined as “that part of economic output derived solely or primarily from digital
technologies with a business model based on digital goods or services” – consists of the digital sector
plus emerging digital and platform services. The widest scope – use of ICTs in all economic fields – is
here referred to as the ‘digitalised economy’. Following a review of measurement challenges, the
paper estimates the digital economy as defined here to make up around 5% of global GDP and 3% of
global employment. Behind this lies significant unevenness: the global North has had the lion’s
share of the digital economy to date, but growth rates are fastest in the global South. Yet potential
growth could be much higher: further research to understand more about the barriers to and
impacts of the digital economy in developing countries is therefore a priority.

https://diodeweb.files.wordpress.com/2017/08/diwkppr68-diode.pdf

If your software allows people to send each other messages, it should also have the ability to block and mute users and keywords. That’s it. That’s the whole tweet.

If your software allows people to send each other messages, it should also have the ability to block and mute users and keywords. That’s it. That’s the whole tweet.

A few weeks ago, I asked newsletter creators “If you could give a newsletter creator one tip, what would it be?” They had some excellent answers

A few weeks ago, I asked newsletter creators

“If you could give a newsletter creator one tip, what would it be?”

They had some excellent answers

Most PMs, even peak PMs, excel at only a handful of these competencies. The difference between the average PM and the peak PM is an understanding of gaps and the ability to unite a team that fills those gaps. https://t.co/READplFXYH

Most PMs, even peak PMs, excel at only a handful of these competencies. The difference between the average PM and the peak PM is an understanding of gaps and the ability to unite a team that fills those gaps. https://t.co/READplFXYH

Launched preorders over the weekend, and crossed $10K in sales so far! First foray into selling on the internet so I had no idea what to expect, but this has definitely exceeded what I could imagine even a few weeks ago. Learnings & mistakes below https://t.co/OIMaXCQa5f

Launched preorders over the weekend, and crossed $10K in sales so far!

First foray into selling on the internet so I had no idea what to expect, but this has definitely exceeded what I could imagine even a few weeks ago.

Learnings & mistakes below https://t.co/OIMaXCQa5f

Doing a 3 part mini-series on monetization. Part 1: Simple funnel modeling. Part 2: Psychology and strategy. Part 3: One-time sales vs subscription. P.s. free product pricing calculator in https://t.co/6iKnBQ1EEK

Doing a 3 part mini-series on monetization.

Part 1: Simple funnel modeling.
Part 2: Psychology and strategy.
Part 3: One-time sales vs subscription.

P.s. free product pricing calculator in https://t.co/6iKnBQ1EEK