A study to develop a revised definition of the digital economy
which meets DSIT's policy needs.
From: Department for Science,
Innovation and Technology
Documents
Defining and measuring the UK
digital economy
Ref: DSIT research paper series number 2024/015
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Details
This study was carried out by Technopolis for the Department for
Science, Innovation and Technology and involves the following key
elements:
- assessment of existing definitions of the digital economy to
capture the extent to which they meet UK stakeholder needs and
international standards
- stakeholder consultation to develop a rigorous, comprehensive
and measurable definition that meets stakeholder and user needs
- design of a measurement methodology setting out how the new
definition of the digital economy will be operationalised
The methodology paper proposes the following revised statistical
definition for the UK digital economy:
All economic activity derived from the production of digital
content, ICT goods
or ICT services.
-
Tier 1 of the digital economy refers to economic activity
derived from firms that are primarily involved in the
production of digital content and/or ICT goods
and/or ICT services
-
Tier 2 of the digital economy refers to economic activity
derived from diversified firms which produce digital content
and/or ICT goods
and/or ICT services
as part of a broader diversified product or service offer and
which have a higher level of digital intensity in their
inputs than firms in the traditional economy
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