In today’s world, the billions of daily online interactions between individuals, corporations, gadgets, data, and processes have given rise to new economic activity known as the “digital economy”. It is built on a foundation of hyperconnectivity, which is enabled by the internet, mobile devices and smart sensors.

Traditionally held views about how businesses are started, how they interact with one another, and how customers receive services, information and products are being challenged by the digital economy...

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