The report focuses on the emerging trends in the digital platforms market.
The School of Economics of the Central University of Finance and Economics and the China Internet Economy Research Institute jointly released a report titled “Digital Platform Transformation: New Features and New Trends”. According to the report, the digital platform market has undergone three key changes in the past three years: from “rough” extensive development to carefully calibrated self-control, from autonomous systems to interconnected network, and from selfish concern for self-development to a win-win ecosystem for all participants.
In this regard, the report proposes to divide digital platforms not only by their scale, but also by their positioning in the digital innovation ecosystem to better reflect their unique capabilities and characteristics of their current stage of development. In particular, it is proposed to distinguish such types as “platform with an open ecosystem”, “content distribution platform”, “platform-aggregator of services” and others.
It is noted that a softer and more flexible governance mechanism is needed to help enterprises effectively communicate with governing agencies and hear each other's opinions. It is emphasized that for new technologies, products and models it is difficult to assess the advantages and disadvantages when they have just appeared, and only after some time of operation it becomes clear what and how to optimize and improve.
The authors of the report believe that initiatives to regulate the Internet economy should be precise and effective, following the concept of “minimally invasive surgery”, complemented by development policies with “bleeding edge” functions.
Source: WeChat
