Globalisation and servitisation of firms drive entry into cross-border data transfers

Globalisation and servitisation of firms drive entry into cross-border data transfers

From cepr.org

With the expansion of digital trade, firms are actively collecting and utilising data. This column uses a survey of Japanese firms in 2019 and 2021 to examine the dynamics of corporate activities related to cross-border data flows. The authors find a significant increase in cross-border data collection activities, led by high-productivity firms. In addition to productivity and firm size, globalisation and servitisation are especially useful for explaining firms’ entry into overseas data collection activities. According to the OECD, all trade that includes digital ordering processes or delivery is ‘digital ... (full story)

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