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Vito Bobek – DOBA Busienss School, Prešernova ulica 1, 2000 Maribor, Slovenia
Shuporna Ghosh – University of Applied Sciences FH Joanneum Graz, Austria, Eggenberger Allee 11, 8020 Graz, Austria
Tatjana Horvat – University of Primorska, Faculty of Management, Cankarjeva 5, 6000 Koper, Slovenia

DOI: https://doi.org/10.31410/EMAN.S.P.2021.55


5th International Scientific Conference – EMAN 2021 – Economics and Management: How to Cope With Disrupted Times, Online/Virtual, March 18, 2021, SELECTED PAPERS published by: Association of Economists and Managers of the Balkans, Belgrade, Serbia; ISBN 978-86-80194-44-8, ISSN 2683-4510

Abstract:

Digital data are core to all fast-emerging digital technologies, such as data analytics, artificial
intelligence (AI), blockchain, the internet of things (IoT), cloud computing, and all internet-based
services. The dominance of global digital platforms, their control of data, and their capacity to create
and capture the ensuing value further accentuate concentration and consolidation rather than reduce
inequalities between and within countries. This paper will analyze the digital platform economy in the
European Union (EU) in the backdrop of the US and Asia Pacific digital platform economy and throw
some light on critical factors for developing the conducive and globally competitive digital industry in
the EU. This will be studied through some of the influences such as share of GDP, tax policies, FDI,
and regulatory framework in the EU countries, contributing to creating a framework for a competitive
global landscape of the EU.

Keywords:

Tax policy, European Union, FDI, ICT, GDP, Digital platform economy.

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