Bits and bolts. The digital transformation and manufacturing
Bajgar, Matej ; Calligaris, Sara ; Calvino, Flavio ; Criscuolo, Chiara ; Timmis, Jonathan
Organisation for Economic Co-operation and Development, Paris
OECD Publishing - Paris
2019
42 p.
digitalisation ; manufacturing industry ; technological change ; productivity ; business economics
OECD Science, Technology and Industry Working Papers
2019/01
Technology
https://doi.org/10.1787/c917d518-en
English
Bibliogr.
"The digital transformation forces a re-think of government policy as manufacturing business models increasingly transition from “bolts” to “bits”. The road to Industry 4.0 implies important and pervasive changes in business dynamics, firm growth and the nature of competition. This report presents a framework for measuring the digital transformation of manufacturing industries, and maps the impact of digital technologies across these several dimensions: firm productivity growth, business dynamism, industry concentration, firm mark-ups and mergers and acquisition activity. It suggests policies that governments can use to facilitate digital adoption and reap the benefits of the digital revolution in manufacturing."
Digital
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