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Digital Capital Creation

Capital creation is the enduring goal for all organizations. All are concerned with creating a mix of one or more types of capital: economic, human, organizational, natural, social, and symbolic. All need to focus on raising their capital productivity to a level greater than their industry competitors if they are to remain viable.

While most organizations and governments implicitly recognize that they have a key role in capital creation, they typically do not explicitly state this role.

  • Organizations must understand their capital mix and how they transform one type of capital into other types.
  • Policy makers must understand how their policies create particular types of capital and make the connection between these actions and societal capital creation.

For more than half a century, digitization has been the major facilitator for improving capital productivity at all levels, individual to international. Much capital is now in digital forms, such as the Internet, and capital creation processes are frequently digital, such as the sharing economy. Yet, there is little understanding of how governments can influence digital capital creation for the economic, ecological, and social benefit of their organizations and citizens.

  • What are the key mechanisms to support digital capital creation at the level of organizations and governments?
  • What are the main actors and elements that play important roles in the process of digital capital creation?

Furthermore, there is limited interaction between policy makers, business and community leaders, and scholars to develop and enact a national agenda for digital capital creation.

About LC DCC

The Liechtenstein Consortium for Digital Capital Creation (LC DCC) is a University of Liechtenstein initiative to lead the exploration, analysis, and creation of digital capital at the individual, organizational, national, and international levels.

The LC DCC develops and shares knowledge to improve capital creation in the digital era. It strengthens civil society by promoting positive ecological and societal change through appropriate capital creation.

By affording shared intellectual and action space for practitioners, policy makers, scholars, and students, the LC DCC informs digital capital creation policy and practice.

Our Work

Key Missions

At the heart of the LC DCC lie the following key missions.

  • First, we expand the body of knowledge on the role of individuals, organizations, and governments in digital capital creation.
  • Second, we improve the practice and effectiveness of digital capital creation in Liechtenstein and beyond.
  • Finally, we extend the formal network and exchange among leaders and policy makers on effective practices for digital capital creation.

In its first inaugural year, the LC DCC is determined to explore the role of government in digital capital creation. The premier blueprint will set our future paths and establish our vocabulary and repertoire of practice-oriented frameworks and models.

 

Liechtenstein Model for Digital Capital Creation

We envision a Liechtenstein Model for Digital Capital Creation as the main outcome of the 2019-2020 blueprint. The model will be inspired by the insights we acquire through research and at the same time intended to be useful and applicable for practitioners and policy makers. In other words, the model is itself the manifestation of intellectual capital created within the DCC blueprints. More importantly, the model will voice Liechtenstein’s contribution in both academic and practice-oriented discourse on digital capital creation. In so doing, it embodies our value of being regionally anchored with a global impact.

Benefits Beyond Digitalization

Foresight

The LC DCC supports Liechtenstein's vision and image as the leading nation in future-oriented discourse.

Digital Capital Creation

We help articulate how Liechtenstein sees digitalization as a means to an end; digitalization is a key resource for capital generation.

We help Liechtenstein build on, and perpetuate successful digital initiatives.

Bespoke Solution

We take into account the specific resources of the country and how they interact with digital technologies to create capital at the individual, organizational, and social levels.

Space for Exchange

We provide an intellectual space for exchange among leaders and policy makers on effective practices for digital capital creation.

Team

Leona Chandra Kruse

Executive Director

Jan vom Brocke

Advisor to digitalcapital.li

Stefan Seidel

Advisor to digitalcapital.li

Richard T. Watson

Advisor to digitalcapital.li

Christoph J. Frick

Researcher

Katharina Drechsler

Researcher

Michael Gau

Researcher