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Globalization Using Network Effects

Vyacheslav V. Sevalnev () and Artem M. Tsirin ()
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Vyacheslav V. Sevalnev: Institute of Legislation and Comparative Law Under the Government of the Russian Federation
Artem M. Tsirin: Institute of Legislation and Comparative Law Under the Government of the Russian Federation

A chapter in The Platform Economy, 2022, pp 379-389 from Springer

Abstract: Abstract In the modern world, the process of globalization is inevitable. The growth in the volume and intensity of the exchange of goods, knowledge, cultural values, and information constantly supports globalization, which is not limited to economic integration; this process is connected with the growth of interconnections and interdependencies in most areas of the state and public life. Digitalization has become a consequence of the spread of global networks, as a result of which the Internet has become a space for the implementation of social practices (Zakharkina & Isakova in Bulletin of the Nizhny Novgorod University. N.I. Lobachevsky. Series: Social Sciences 3(55):115–121, 2019). Expanding, this space covers an increasing number of people; in each new generation, its users grow. The well-known concept of a large village (global village) demonstrates the expansion of the possibilities of interpersonal communication, thanks to which the world “shrank” to the size of a village as a result of the development of electronic means of communication that mediate the instantaneous transmission of information from anywhere to anywhere in the world. The article explores the ways of implementing such issue.

Keywords: Globalization; Digitization; Gadgets; Network effects; Network society; Modern technologies; Social media (search for similar items in EconPapers)
Date: 2022
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Persistent link: https://EconPapers.repec.org/RePEc:spr:sprchp:978-981-19-3242-7_26

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DOI: 10.1007/978-981-19-3242-7_26

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