The year is coming to a close so it’s time for the traditional end-of-the-year roundup. All year long I’ve collected striking facts, information and tidbits from all over the world in relation to social media. Obviously a lot more has been going on than what you’ll find in this overview but these are the stories that stayed with me somehow. I hope you’ll enjoy this little trip down memory lane.
Publishers, conventional booksellers and e-tailers have been selling books online for 20 years now. And, new players are getting in game with great frequency.
Tomely launched earlier this month with a focus on selling ebooks from independent publishers and authors. International game developer Alpenwolf will soon be selling ebook via in-game stores. While the new Ebook Bookshelf App from StoryToys lets consumers browse and experience ebooks before they chose to buy. These innovations in Internet bookselling have a history, as do all features of the digital revolution, and it’s a history that publishing pros would do well to learn from, while shaping the industry’s future.
The Internet is a vast mosaic of economic activity, ranging from millions of daily online transactions and communications to smartphone downloads of TV shows. But little is known about how the web in its entirety contributes to global growth, productivity, and employment.
New McKinsey research into the Internet economies of the G-8 nations as well as Brazil, China, India, South Korea, and Sweden finds that the web accounts for a significant and growing portion of global GDP. Indeed, if measured as a sector, Internet-related consumption and expenditure is now bigger than agriculture or energy. On average, the Internet contributes 3.4 percent to GDP in the 13 countries covered by the research—an amount the size of Spain or Canada in terms of GDP, and growing at a faster rate than that of Brazil.
Research prepared by the McKinsey Global Institute and McKinsey's Technology, Media and Telecommunications Practices as part of a knowledge partnership with the e-G8 Forum, offers the first quantitative assessment of the impact of the Internet on GDP and growth, while also considering the most relevant tools governments and businesses can use to get the most benefit from the digital transformation.
To assess the Internet's contribution to the global economy, the report analyzes two primary sources of value: consumption and supply. The report draws on a macroeconomic approach used in national accounts to calculate the contribution of GDP; a statistical econometric approach; and a microeconomic approach, analyzing the results of a survey of 4,800 small and medium-size enterprises in a number of different countries.
Click headlin to read more and access hot link to download the report--
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