Volume 11, Number 2

Co-Evolutionary Coupling Between Captured and Uncaptured GDP Cycles:Cross Learning from Amazon and Finland Models for Sustainability

  Authors

Moriya Kuniko^1,2, Yuji Tou³, Chihiro Watanabe^2,4, Pekka Neittaanm채ki², ¹Research and Statistics Department, Bank of Japan, Japan, ²University of Jyv채skyl채, Finland, ³Tokyo Institute of Technology, Japan and ⁴International Institute for Applied Systems Analysis (IIASA), Austria

  Abstract

A solution to the critical problem of a dilemma between R&D expansion and productivity decline that a majority of information and communication technology (ICT) leaders have been confronting in the digital economy is expected. It can be expected by a spinoff from economic functionality-seeking GDP-based coevolution cycle to supra-functionality beyond an economic value-seeking uncaptured GDP-driven coevolution cycle. However, the transformation dynamism remains a black box. By means of numerical simulations based on empirical analyses of the development trajectories of global ICT leaders, focusing on Amazon and Finland, together with an intensive review of preceding analyses, this paper attempted to elucidate the inside the black box of the above dynamism. By developing a practically applicable numerical approach, inspired attempts to explore a new elucidation frontier were conducted, thereby enabling a new concept of co-evolutionary coupling between two cycles to be postulated. An insightful suggestion regarding possible consequences in the future stemming from the trajectory option was thus provided.

  Keywords

Co-evolutionary coupling, uncaptured GDP, transformation, Amazon and Finland, dilemma between R&D and productivity