The Digital Economy. Analysis of the 21st century phenomenon on the UK example

1. The Digital Economy. Analysis of the 21st century phenomenon on the UK example

Memetova Anastasiia

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4. Digitalisation drives value for countries, companies and citizens

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6. Chapter 3.  The digital sectors - making the UK the best place to start and grow a digital business

Chapter 3. The digital sectors - making the UK the best place to
start and grow a digital business
An effective tax structure
A strong supply of skilled workers
Regulation that keeps pace with technological change
Increasing the level of research and development
Industrial Strategy Challenge Fund
Supporting early-stage digital companies and innovators in universities

7. The challenge of digitalisation

8. Chapter 4.   The wider economy - helping every British business become a digital business

Chapter 4. The wider economy - helping every British business
become a digital business
• Co-ordination of provision
• Support for wider digital adoption
• Targeted interventions
• A changing workforce
• Supporting exporters

9. Would a Hard Brexit Cripple the EU’s Digital Economy?

10. The UK’s digital sector rests solidly on a cross-border value chain

The UK’s digital sector rests solidly on a crossborder value chain
• 50% of the inputs for digital goods and services in the UK are
imported
• 20% of the final demand for goods and services in the entire digital
sector is exported
• 1/5 of the digital workers in the UK are foreign
• 6% of the sector’s talent from EU countries
• 50% of all trade in services is digitally enabled and reliant on data
flows
• The UK accounts for 11.5% of global cross-border data flows (3/4 are
between the UK and EU countries)