In a context where more than 30% of #global #economic activity — some $60 trillion — could be mediated by #digital #platforms in six years’ time, according to a McKinsey & Company research report, concentrations of #power and their effect on innovation is still a subject of debate. Many #internet #markets inherently lead to monopolies, and #economic theory suggests that monopolies stifle innovation. As tech titans expand, are we seeing diminishing space for innovation?
At the Annual Meeting of the New Champions 2019 in Dalian (China), the World Economic Forum has organised in partnership with the The Wall Street Journal a session — Technology Power Play — allowing to examine consolidation as a business #strategy, explore network effects and fair #business practices and debate the space for #innovation. As a key player of #tech & innovation in #Africa, Janngo took part of this debate with Fatoumata BA, Founder & CEO, alongside Jessica Tan, co-CEO of Ping An Group Inc., Xiao Hua Chen, CEO of 58.Com Inc, Arun Sundararajan, Harold Price Professor of Entrepreneurship and Technology, NYC University & Andrew Dowell, #Asia Editor at The Wall Street Journal.
#WEF #China #amnc2019 #Technology