數字化浪潮的再思考(pdf 33頁)(英文版)

Contents
1. Introduction
2. The characteristics of the digital boom
3. The “New Three Sacred Treasures” – changing lifestyles andtastes
4. How to survive: insights for Japanese companies
5. Concluding remarks

Summary：
1. The digital boom exhibited a more complex boom–bust pattern of
different goods in contrast to the information technology (IT)
boom, which generated a synchronized surge and collapse of
various goods.
2. In terms of consumer goods, the digital boom is characterized by
(1) an explosive rise of demand for digital consumer electronics,
and (2) the slump of personal computers (PCs) and cellular
telephones, which were the drivers of the IT boom.
3. IT capital investment is characterized by (1) a high level of
investment in production facilities, (2) the limited rise of stock
levels in spite of such a high level of investment in production
facilities, and (3) sluggish IT investment mainly with respect to
telecommunications.

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