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Achilles’ digital heel

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For months now, electronic mailboxes have been fuller than usual: the EU General Data Protection Regulation (GDPR) has taken effect and forced companies to demand consent from all their customers and…

Averting digital auto safety hazards

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The car of the future will collect a wide range of data. Ownership and usage of those data must be clarified, and legal and technical characteristics have to be established in order to ensure data…

Resilience is a prerequisite for agility

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On the basis of the Digital Single Market Strategy adopted in 2015, Europe has taken a number of measures to enhance the digital single market, facilitate the supply of and access to digital services…

5 lessons for leaders surviving a cyberattack

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The 2020 attack on US government agencies and companies via SolarWinds’ manipulated network software, a so-called supply chain attack, shows the increasing depth and breadth of our vulnerability to…

Corona crisis lessons for leaders in the digital economy

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Many small and mid-sized German companies, for instance—previously sluggish and unconvinced of digital progress—were forced to digitalize. Those that had already invested in digital gained a…

Does the European Chips Act herald a new protective policy era?

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During the pandemic, the demand for semiconductors rose. At the same time, semiconductor manufacturers needed to slow down their production because of missing labor forces and extreme weather events…

The EU directive on network and information security: requirements for digital services

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The Directive on security of network and information systems (NIS Directive) is the first EU-level effort to enhance cybersecurity measures. What are these requirements? Are they enough for ensuring…

Guiding through Corona – the 2020 outlook of German firms

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To understand how German firms reacted to Corona and, especially, whether Corona changed their outlooks, Maximilian Müller, CFRA member and associate professor at ESMT, analyzed around 40 recent…

Dreaming up a world – how luxury brands create desire

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You could argue that “if you can’t afford this, then it is a luxury.” But that’s not so much a statement about the object or its value as it is about the person who is buying it. Will it work to…

How to help the right firms when (all) firms struggle

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My research together with Inga Bethmann and Martin Jacob informs this debate by looking at how governments support struggling businesses – those that make losses – through tax benefits on a regular…