The digital revolution is changing the way people work, think and behave, and is redefining the way we live, according to the legal brief that will guide the development of the industry.
The Digital Age Business is Changing the Way We Live by the World Economic Forum, the U.S. Chamber of Commerce and the National Association of Manufacturers will be presented at the World Intellectual Property Day conference this week.
“Today, the world is awash with information, and the pace of change is staggering,” said Mary Anne Franks, president and chief executive officer of the World Trade Organization (WTO).
“There are more apps, services and apps than ever before.
The pace of information exchange has never been faster.”
The conference is being held in Washington, D.C., and the focus is on the next generation of business leaders, many of whom have been drawn to the digital economy in recent years.
“We have never had a better time to be here in the 21st century,” said Brett Doster, CEO of GlobalTech, a software company founded in 2009 that operates on a proprietary cloud computing platform called Microsoft Azure.
“For a long time, business leaders have focused on building businesses in the physical world and creating new businesses on the Internet, but the digital world is changing that paradigm, as well.”
The World Economic Foundation (WEF), which organizes the event, announced the event this week with a focus on the digital transformation of business and the economy.
“Our vision for the World IP Day is that it will provide the opportunity for the world’s leading businesses to share the insights and tools they have developed and to collaborate with the public to better understand and transform the global economy,” said Jochen Baumann, chief strategy officer of WEF.
“The focus on digital innovation will give companies the confidence to take advantage of the next phase of the economic growth process: the transition to a new, more dynamic, more competitive, and more connected world.”
A growing body of evidence points to the success of the digital transition, said Bill Stebbins, executive vice president of the Institute for the Future of Innovation. In the U