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Digitization and Crisis

In: Digitalization in Procurement

Author

Listed:
  • Dirk Adam

    (WELLENSIEK)

  • Florian Glunz

    (RWE AG)

  • Marie Klemsmann

    (PCG—Project Consult GmbH)

Abstract

Digitization has extensively influenced society and the economy in recent years, leading to comprehensive changes in business models and products, particularly in purchasing. Moreover, it should not be assumed that this process will lose momentum in the coming years. From the authors’ perspective, it is necessary to continually critically examine and utilize the entrepreneurial opportunities of digitization, as otherwise, with the progression of digitization, the competition overtakes, new business areas are not developed, and thus the potential risk of economic crises or even insolvencies increases. This chapter aims to demonstrate, based on theses, what prospective opportunities and challenges can be associated with digitization from an economic and also legal perspective.

Suggested Citation

  • Dirk Adam & Florian Glunz & Marie Klemsmann, 2024. "Digitization and Crisis," Springer Books, in: Florian Schupp & Heiko Wöhner (ed.), Digitalization in Procurement, chapter 0, pages 63-80, Springer.
    • Handle: RePEc:spr:sprchp:978-3-658-45670-2_5
    DOI: 10.1007/978-3-658-45670-2_5
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