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Digital technology, GAFA companies and the changing business world: growth trends in the ethereal economy 20 years later.

Digital technology, GAFA companies and the changing business world: growth trends in the ethereal economy 20 years later.

Authors :
Sánchez-Arnau, Elena
Ferrer-Sapena, Antonia
Sánchez-Pérez., Enrique A.
Source :
Technium Social Sciences Journal; 2023, Vol. 39, p350-369, 20p
Publication Year :
2023

Abstract

Taking a historical perspective, we analyze the economic growth of GAFA companies, and how they fit into the indicators that measure global human development. We explore the limits of growth -assuming that economic growth is inherent to good economic performance- by studying these cases, which are relevant insofar as they lead global economic growth in the new digital-based ("ethereal") economy. Our methodological approach contrasts the growth patterns of GAFA companies with general human growth parameters. This case-to-global study finds clear trends, suggesting that the ethereal economy is constrained only by the limits of human growth. [ABSTRACT FROM AUTHOR]

Details

Language :
English
ISSN :
26687798
Volume :
39
Database :
Complementary Index
Journal :
Technium Social Sciences Journal
Publication Type :
Academic Journal
Accession number :
161386494
Full Text :
https://doi.org/10.47577/tssj.v39i1.7703