Information is the lifeblood of the 21st-century economy. The increasing generation, processing, and exchange of data on a global scale constitute one of the characteristic features of what I call Globalization 2.0, which is a different version of the previous phase of globalization, based on
Now and then we come across discussions about new business models that emerge as a result of the digital transformation (or revolution), supported by the use of technologies that deal with massive amounts of data (artificial intelligence and machine learning), communications (5G), cryptography (blockchain), and
Biologists, business managers, and economic theorists use models with many phases to improve the understanding of the evolutionary process in diverse areas, such as the development of new products or the growth of a colony of bacteria. Therefore, the lifecycle of a product, the technology
Introduction “Airbnb’s market value: $ 30 billion, higher than the traditional Hyatt and Wyndham hotel chains.” “Uber’s market value: $ 60 billion, higher than Ford or General Motors.” (Source: NYT, March 2016) The information above shows two industries that suffered drastic structural movements. However, the changes
