Highlights The realization of the digital economy in the Asian nations is due to the need to revamp traditional business processes, extensive technology innovation, supportive government policies for economic growth, and the high capacity for digital entrepreneurship. Research opportunities may be related to the components of “digital economy and society index” (DESI) scores. New research directions are prompted by big data analytics, artificial intelligence (AI), platform economy, digital trade, fintech innovation, and societal and economic sustainability. The recent emergence of the COVID-19 pandemic around the world calls for addressing new research directions that could stay after the pandemic has ended.

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The advent of the Internet of Things (IoT) is expected to bring major benefits to a wide range of areas. However, the successful deployment of the IoT calls for the existence of sustainable and well-understood business models. In this paper, we propose and analyze a business model for a likely scenario in the IoT, which is made up of WSNs, service providers and users. The service providers compete against each other in the intermediation between the virtualized WSNs and the users that benefit from enhanced services built on the sensed data. The service providers pay to the WSNs for the data and charge the users for the service. The model is analyzed by applying oligopoly theory and game theory, the conditions for the existence and uniqueness of the Nash equilibrium are established, and the equilibrium and the social optimum are obtained. Our results show that the business model is sustainable, provided that the users' sensitivity to the value-to-price ratio is not negligible and, in this situation, the number of active service providers is upper bounded by a value that depends on the sensitivity and the market size. Furthermore, the operation of such a market is shown to efficiently use the information provided by the WSNs; and, when compared to the social optimum, to produce an increase in users' and service providers' surpluses, but a reduction in WSNs' surplus.

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The sharing economy proposes a new approach to designing and delivering products and services, that aims at avoiding waste, improving efficiency, and favoring bottom-up change. In this research commentary, we survey the current state of things and propose some directions for research. We first describe the industries, products, and services currently representing the sharing paradigm, the technology platforms enabling it, the business models driving it, and the regulatory issues. We envisage that promising areas of research should include: (1) devising more efficient algorithms; (2) considering ecological and prosocial objective functions; (3) dealing with regulatory issues; (4) expanding the span of research to cover more geographical areas and a wider set of services; and (5) supporting services with more reliable reputation and recommendation systems.

An integrated risk management strategy, combining insurance and security investments, where the latter contribute to reduce the insurance premium, is investigated to assess whether it can lead to reduced overall security expenses. The optimal investment for this mixed strategy is derived under three insurance policies, covering, respectively, all the losses (total coverage), just those below the limit of maximum liability (partial coverage), and those above a threshold but below the maximum liability (partial coverage with deductibles). Under certain conditions (e.g., low potential loss, or either very low or very high vulnerability), the mixed strategy reverts however to insurance alone, because investments do not provide an additional benefit. When the mixed strategy is the best choice, the dominant component in the overall security expenses is the insurance premium in most cases. Optimal investment decisions require an accurate estimate of the vulnerability, whereas larger estimation errors may be tolerated for the investment‐effectiveness coefficient.