ESCP study reveals: New Digital Risers challenge incumbents

ESCP Berlin - European Center for Digital Competitiveness  

PR85438

 

BERLIN, Sept. 7, 2020 /PRNewswire=KYODO JBN/ --

 

France top Digital Riser, China gains significantly, USA loses  

 

Digital incumbents increasingly face new and dynamic competitors from around

the world. While countries such as USA, Sweden and Singapore are often

perceived as digital champions, a new study indicates that they are not

necessarily dynamic Digital Risers. Only Singapore has managed to improve its

relative position slightly over the last three years. In contrast, the USA and

Sweden have actually lost ground over the same period. "We are in the middle of

a digital revolution that is very likely being accelerated by the Covid-19

pandemic," says Professor Philip Meissner of the European Center for Digital

Competitiveness by ESCP Business School Berlin campus.

 

Within the G7, France was able to advance most in its relative digital

competitiveness between 2017 and 2019, which makes the country the top "Digital

Riser" in this group; conversely, Italy and Germany decreased most within the

G7. This is the result of the Digital Riser Report 2020, devised by the

European Center for Digital Competitiveness by ESCP Business School in Berlin.

The report analyses and ranks the changes that countries around the globe have

seen in their digital competitiveness over the last three years based on data

from the Global Competitiveness Report issued by the World Economic Forum (WEF).  

 

The ranking also reveals clear dynamics regarding the two global digital

superpowers. It shows that China has gained significantly in digital

competitiveness, while the USA has lost out over the same time period.  

 

The top Digital Risers all had one thing in common: they have followed

comprehensive, swiftly implemented plans along a long-term vision around

digitisation and entrepreneurship. France's example shows that governments that

invest heavily in start-ups and employ lighthouse projects such as La French

Tech can greatly increase their country's digital competitiveness in a short timeframe.

 

More information: www.digital-competitiveness.eu/digitalriser 

 

ESCP Business School

 

ESCP Business School was founded in 1819. The School has chosen to teach

responsible leadership, open to the world and based on European

multiculturalism. The School has campuses in Berlin, London, Madrid, Paris,

Turin and Warsaw.  

 

Photo: https://mma.prnewswire.com/media/1249577/ESCP_Graph_1.jpg    

Photo: https://mma.prnewswire.com/media/1249578/ESCP_Graph_2.jpg 

 

Press Contact

Markus Föderl  

Markus.Foederl@glh-online.com  

+49 (0)172 9051869

 

 

SOURCE: ESCP Berlin - European Center for Digital Competitiveness  

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