TY - JOUR
T1 - World cities under conditions of digitization and platform capitalism
T2 - Updating the advanced producer services complex
AU - Bassens, David
AU - Hendrikse, Reijer
AU - Lai, Karen P.Y.
AU - van Meeteren, Michiel
N1 - Publisher Copyright:
© 2024 The Authors
PY - 2024/6
Y1 - 2024/6
N2 - This themed issue showcases contributions that study how processes of digitization and platformization are reshaping the intermediary role and operations of advanced producer services (APS). It places these alterations against the backdrop of earlier rounds of APS ‘shapeshifting’ amid globalization and financialization. This introduction to the themed issue outlines the main dimensions of these shifts affecting APS: geographical changes, sectoral and functional changes, organizational changes, and strategic-institutional changes. Reflecting on the themed issue contributions, we posit that digitization and platformization are rapidly altering APS as organizations, but there is little evidence for a wholesale loss of their intermediary function. In geographical terms, we observe that the platformization of APS is generating networked dependence of world cities on tech centres, further entangling APS intermediation with wider geopolitical concerns about technological sovereignty.
AB - This themed issue showcases contributions that study how processes of digitization and platformization are reshaping the intermediary role and operations of advanced producer services (APS). It places these alterations against the backdrop of earlier rounds of APS ‘shapeshifting’ amid globalization and financialization. This introduction to the themed issue outlines the main dimensions of these shifts affecting APS: geographical changes, sectoral and functional changes, organizational changes, and strategic-institutional changes. Reflecting on the themed issue contributions, we posit that digitization and platformization are rapidly altering APS as organizations, but there is little evidence for a wholesale loss of their intermediary function. In geographical terms, we observe that the platformization of APS is generating networked dependence of world cities on tech centres, further entangling APS intermediation with wider geopolitical concerns about technological sovereignty.
KW - Advanced producer services
KW - Digitization
KW - Global cities
KW - International financial centres
KW - Platform capitalism
KW - World cities
UR - http://www.scopus.com/inward/record.url?scp=85192567574&partnerID=8YFLogxK
U2 - 10.1016/j.geoforum.2024.104021
DO - 10.1016/j.geoforum.2024.104021
M3 - Article
AN - SCOPUS:85192567574
SN - 0016-7185
VL - 152
JO - Geoforum
JF - Geoforum
M1 - 104021
ER -