ESCP study reveals: New Digital Risers challenge incumbents
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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