Digital-Intensive Industries Not Always More Resilient
It is widely assumed that digitalisation improves the capacity of companies and sectors to cope with crises. But is it the case that digital intensive sectors proved more resilient during the Covid-19 crisis? Researchers from the Research Institute for Sustainability (RIFS) investigated this by analysing data relating to various socio-economic indicators pre- and post-crisis. Their findings are surprising: In some cases, less digital-intensive industries were actually more resilient. Pandemic-related assistance provided by the German government is one possible explanation for this.