Digital platforms inhibit innovation to address today’s most pressing issues

Ezrachi, Ariel and Stucke, Maurice E. (2022) Digital platforms inhibit innovation to address today’s most pressing issues. LSE Business Review (23 Aug 2022). Blog Entry.

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Abstract

The large research and development expenditures of the leading digital platforms (Alphabet-Google, Apple, Meta-Facebook, Amazon, and Microsoft) may send an image of beneficial investment and innovation, but the reality is that they suppress healthy innovators by depriving them of the “oxygen” needed to survive. Ariel Ezrachi and Maurice E. Stucke write that we should not be betting on tech barons’ ecosystems to deliver much-needed innovations to address pressing needs like global warming, wealth inequality, social unrest, growing population, and threats to democracy. They propose three principles to guide future policies aimed at promoting innovation in the digital economy.

Item Type:	Online resource (Blog Entry)
Official URL:	https://blogs.lse.ac.uk/businessreview/
Additional Information:	© 2022 The Authors
Divisions:	LSE
Subjects:	H Social Sciences > HD Industries. Land use. Labor H Social Sciences > HD Industries. Land use. Labor > HD28 Management. Industrial Management
Date Deposited:	12 Sep 2022 14:15
Last Modified:	14 Sep 2024 03:40
URI:	http://eprints.lse.ac.uk/id/eprint/116480

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