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The Interconnected Century of Technology. How Ecosystems, Platforms, and Alliances Determine Global Innovation

Author

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  • Dietlmeier, Simon Frederic
  • Fogel, Benjamin A.

Abstract

In a swiftly evolving world of rapid and diffuse transformation, the modes and mechanisms of innovation are increasingly complex. A cooperation-competition binary has begun to play out in novel ecosystems, networks, and platforms as political and industrial alliances form. In adaptation to this environment, policymakers and industry need to adopt new strategies to succeed. These efforts are driven not just top-down by political decisions, but also bottom-up through industrial initiatives and facilitated by multi-stakeholder arenas. The comment argues that against this backdrop, tech diplomacy helps to maintain economic stability and geopolitical balance alongside multilateral responses. Ultimately, this combination of tech diplomacy and multilateralism might help to overcome systemic differences.

Suggested Citation

  • Dietlmeier, Simon Frederic & Fogel, Benjamin A., 2023. "The Interconnected Century of Technology. How Ecosystems, Platforms, and Alliances Determine Global Innovation," MPRA Paper 122762, University Library of Munich, Germany.
    • Handle: RePEc:pra:mprapa:122762
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    More about this item

    Keywords

    Connectivity; Trade-Off; Exchange; Challenges; Geoeconomics;
    All these keywords.

    JEL classification:

    • F5 - International Economics - - International Relations, National Security, and International Political Economy
    • M2 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Business Economics
    • O3 - Economic Development, Innovation, Technological Change, and Growth - - Innovation; Research and Development; Technological Change; Intellectual Property Rights
    • R1 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - General Regional Economics
    • Z1 - Other Special Topics - - Cultural Economics

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