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The development of the technological space of a manufacturing region relates to its human capital. However, the dynamic relation between local firms' workforce composition and their adoption of Industry 4.0 enabling technologies over time is still under investigated. The paper contributes to...
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We develop a simple model of digital markets to analyze the impact of Covid-19 on the digital transformation of sectors. The lockdown due to Covid-19 is modeled as a shock that wipes out the physical market, temporarily leaving digital consumption as the only option. Under plausible assumptions...
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