Abstract
There is a vicious cycle of dynamic interdependencies between macroeconomic variables, firm behaviour, and the policy set-up. Policy influences business strategies; market outcomes influence macroeconomic figures and policy. Regarding networks, IT services and digital goods, this cycle is especially driven by new technological developments – and specific skills. Pilat and Devlin (2004) emphasize the self-enforcing effect: having a strong ICT sector may help generate skills needed to benefit from ICT use.1
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© 2010 Physica-Verlag Heidelberg
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Vogelsang, M. (2010). Integrating Theory and Policy. In: Digitalization in Open Economies. Contributions to Economics. Physica-Verlag HD. https://doi.org/10.1007/978-3-7908-2392-9_10
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DOI: https://doi.org/10.1007/978-3-7908-2392-9_10
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Online ISBN: 978-3-7908-2392-9
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