Innovation, applications and transformation

Digital innovation drives the development of the digital economy and society, enables applications in many areas, and leads to transformations. This chapter first examines recent trends and evolutions in digital innovation, business models and markets, focusing on information and communication technology investment, business dynamism, data-driven innovation, and online platform markets, then presents expanding digital applications and services in selected areas – sciences, healthcare, agriculture, governments, and cities – and finally discusses the ongoing digital transformations of jobs and trade. Policy and regulation related to digital innovation, applications and transformation are discussed in .