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Digitalisation in Europe 2021-2022 : evidence from the EIB Investment Survey / European Investment Bank.
- Format:
- Book
- Author/Creator:
- European Investment Bank, author, issuing body.
- Language:
- English
- Subjects (All):
- Internet banking--Law and legislation.
- Internet banking.
- Financial services industry--Law and legislation.
- Financial services industry.
- Physical Description:
- 1 online resource
- Place of Publication:
- Luxembourg : European Investment Bank, 2022.
- Summary:
- The coronavirus crisis accelerated the digital transformation of Europe's economy. Before the pandemic, cutting-edge digital technologies were primarily used by the most innovative and modern firms. The COVID-19 crisis, however, brought the digital transformation to the larger society - and made digitalisation integral to firms' survival. Digital firms were better able to cope with the disruption unleashed by the pandemic, and they were less likely than non-digital firms to see sales decline significantly from 2020 onwards. Many of them used the crisis an opportunity to accelerate their digitalisation. The Digitalisation in Europe 2021-2022 report uses results from the EIB Investment Survey (EIBIS), conducted from April to July 2021, to shed light on the level of digitalisation among Europe's small and medium firms.
- Notes:
- Description based on publisher supplied metadata and other sources.
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