Digital Economic And Social Systems To Be Featured By Stakeholders

Hiroshige Tanaka

Research Organisation
Chuo University

Report Date
July 1, 2020

Document summary

Digital economic systems have integrated consumption and production in a centralized framework. However, the development of digital economies has created significant issues with respect to social security. No one can explore economic systems by separating social issues. To achieve sustainability in global societies we must obtain the design of blueprint for the global economic mechanism which incorporates social issues. This paper presents one theoretical framework to analyze the digital structure of economies to recreate a more sustainable social system. Exploration of structural changes by stakeholders involved in the innovation of ICT allows the unpacking of complicated challenges associated with the digitalization of economies and societies- The transaction costs of stakeholders are efficient indexes for an integrated analysis on the digitalization of economies and societies.

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