Cross-Border Data Flows Create New Digital Opportunities For Small Businesses

©iStock/FroYo_92

Cross-border data access, usage, and exchange are essential to economic growth in the digital age.  The world is experiencing unprecedented increases in connectivity and global data flows.

This is underpinning the so-called fourth industrial revolution, which is characterized by end-to-end digitization of all assets and integration into a digital ecosystem.

According to Brookings, at its core, the digitization of economies and international trade should improve efficiency and increase productivity.

Learn more about how the internet and global data flows are a particular opportunity for small businesses to participate in international trade.

Download the report:  Global Economy and Development at Brookings | Regulating for a Digital Economy; Understanding the Importance of Cross-Border Data Flows in Asia by Joshua P. Meltzer and Peter Lovelock

Export Galore, That is, U.S. Metropolitan Areas

iStock/Thinkstock

How U.S. metropolitan areas are driving national growth. That's according to the Metropolitan Policy Program at Brookings.

Snippet of findings:

• U.S. exports grew rapidly in the first year of the nation's economic recovery (as shown).
• Large metro areas powered the nation's export growth.
• The Great Recession accelerated the shift of U.S. exports toward developing countries.
• Manufacturing drove the export resurgence in 2010.
• High-value-added service exports witnessed uninterrupted growth through the recession and recovery.

Learn more here.  Jump to download the full report.

Related post

Export Boom in New Jersey

iStock/Thinkstock

Tens of billions of dollars worth of export-related revenue is being generated by New Jersey, New York and Philadelphia (considered a metro area).

Find out why here.

Within this same article, they mention a report, "Export Nation," published by the Metropolitan Policy Program at Brookings, which describes the nation's export landscape in detail. Worth a thorough look.

Download it immediately here (PDF):

Export Nation

Posted by: The Global Small Business Blog