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Risks of Digitalization

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Competitive Digital Innovation

Part of the book series: Palgrave Executive Essentials ((PEE))

Abstract

As with any significant innovation, digitalization initiatives have a variety of associated risk factors. We identify some of the key types of risks that confront such efforts in this chapter, and discuss how these risks could be mitigated. We also examine some additional challenges that digital platform businesses face.

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Notes

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    https://www.cbsnews.com/news/facebook-whistleblower-frances-haugen-misinformation-public-60-minutes-2021-10-03/.

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    https://www.philips.com/a-w/about/artificial-intelligence/philips-ai-principles.html.

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    https://ethereum.org/en/upgrades/merge/ accessed Sep 19, 2022.

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    Lau, Yvonne, China’s Shein: Fast Fashion, Made Even Faster. Fortune, June/July 2022, pp. 32–35.

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    https://corporate.zalando.com/en/newsroom/news-stories/about-you-yoox-net-porter-and-zalando-join-forces-launch-new-climate-action.

  6. 6.

    https://www.pewresearch.org/internet/2022/08/10/teens-social-media-and-technology-2022/.

  7. 7.

    https://www.bbc.com/news/technology-57088382.

  8. 8.

    European Commission proposals to improve the working conditions of people working through digital labor forms. Press release dd. 9-12-2021 (https://ec.europa.eu/commission/presscorner/detail/en/ip_21_6605).

Author information

Authors and Affiliations

  1. Edwin L. Cox School of Business, Southern Methodist University, Dallas, TX, USA

    Amit Basu

  2. Vlerick Business School, Ghent University, Ghent, Belgium

    Steve Muylle

Authors
  1. Amit Basu
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  2. Steve Muylle
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Correspondence to Amit Basu .

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© 2023 The Author(s), under exclusive license to Springer Nature Switzerland AG

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Cite this chapter

Basu, A., Muylle, S. (2023). Risks of Digitalization. In: Competitive Digital Innovation. Palgrave Executive Essentials. Palgrave Macmillan, Cham. https://doi.org/10.1007/978-3-031-23440-8_11

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