
Digital Competition
The digital transformation of society, the economy, and the state affects not only matters within national borders but also at the international level: the current global economic order is changing, companies have to rethink their market positions, and organisational self-perceptions must be rebalanced. Moreover, Germany and Europe are in global digital competition, specifically with US and Chinese digitalisation models. In this context, a European digitalisation path is often called for. Such a third way should be based on European achievements such as digital self-determination and economic activities oriented towards the common good.
News
Eventbidt Perspektiven: Tesla ante portas
For decades, the automotive industry has been considered the dominant success story of the German economy. In recent years, however, the industry has come under increasing pressure. Digitalisation, electromobility, changing customer demands: the automotive industry has to manage a swift transformation from traditional car manufacturers to software-based tech companies. This event takes a closer look at how fit the German automotive industry is for the future.
Germany in the World Digital Competitiveness Ranking
Since 2017, the Institute for Management Development (IMD) has been measuring the competitiveness of national economies. In addition, the IMD explicitly examines the ability to research and adapt digital technologies during economic and socio-political change. Germany has been in the top third of the ranking since its introduction.
35 %
of employees perceive little or no great awareness of generative AI in their own company. This is shown by the study “Spread of generative AI in private and professional life 2024” by the bidt think tank. In contrast, a good quarter (26 %) perceive a very high or high level of awareness. Perceived awareness differs greatly depending on the respondents’ level of education.
GlossarySharing economy
The sharing economy is a form of economy in which users create individual offers and demands and allow third parties to temporarily access unused resources. Digital platforms act as intermediaries between providers and users and make it easy to temporarily rent cars or flats elsewhere, for example. In addition to the positive effects, there is also criticism and problems, particularly with regard to labour and consumer protection and regulation.

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Prof. Dr. Thomas Hess
Member of bidt's Board of Directors | Director of the Institute for Digital Management and New Media, Ludwig-Maximilians-Universität

