DEFINING AND MEASURING THE UK DIGITAL ECONOMY

Summary

The UK's Department for Science, Innovation and Technology (DSIT) faces challenges in accurately measuring the digital economy due to outdated definitions based on SIC codes, which fail to capture emerging technologies and the widespread digitalization across industries. This report proposes a revised two-tier definition and measurement methodology designed to provide a more comprehensive and granular understanding of the digital economy. The study is completed, laying the groundwork for DSIT to implement better targeted policy interventions.

Key Facts

Source Document

https://example-government.gov/policy-document-link