Foundations for SME success in a 4.0 world

Technological developments are fundamentally changing the way firms operate. They are also changing the business ecosystem that surrounds firms. Online platforms have become the place where buyers connect to sellers and increasingly provide other market-relevant information. Contracts are established online and payments are made online, too. In order to take advantage of new opportunities, firms have to deal with and often adopt new technologies. Whether and how to do this will very much be determined by the skills and capacities available in firms. It will also depend on signals that firms receive about the reliability of new technologies and their likelihood of standing the test of time.

Sustainable Development Goals:

Decent Work and Economic Growth

Industry, Innovation and Infrastructure