Driving Success in Asia: The Essential Role of Disruption

David Galipeau ()
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David Galipeau: Asian Institute of Technology (AIT)

A chapter in Business and Management in Asia: Disruption and Change, 2024, pp 39-52 from Springer

Abstract: Abstract Asia is primed for digital disruption to achieve inclusive growth and shared prosperity. This chapter argues disruption is imperative, going beyond change to transform systems. Asia’s dichotomy of advanced and developing digital economies presents opportunities for disruptive solutions to bridge divides. The cultural diversity necessitates localized innovations catering to distinct user needs. Rapid technological advances also require embracing disruption to tap into emerging technologies. Digital disruption can unlock immense potential by triggering innovation, efficiency, and new business models. Case studies like Grab and Paytm demonstrate this impact. Pioneering entrepreneurs must lead disruption with tech and business models meeting evolving consumer needs. Digital literacy and skills initiatives are vital to empower citizens. Governments play a crucial role through policies and leadership to optimize disruption while ensuring inclusivity. AI and automation will be profoundly disruptive but their impact can be managed strategically. Disruption is key for Asia to fulfill its vast potential.

Keywords: Digital disruption; Asia; Innovation; Digital divide; Digital literacy; AI; Automation (search for similar items in EconPapers)
Date: 2024
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Persistent link: https://EconPapers.repec.org/RePEc:spr:sprchp:978-981-99-9371-0_3

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DOI: 10.1007/978-981-99-9371-0_3

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