Why the digital economy is fuel for founders

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For those who don’t work in businesses directly connected to the world of digital, it may seem that far too much attention is being paid to a sector whose contribution to GDP in the G20 economies hovers around eight percent. However, in actual terms, that contribution is sizable. In the UK, roughly one and a half million people are employed within the tech sector. And, according to the UK Treasury, the economic impact of the tech industry equates to $163 billion (£113). We are regularly reminded of the Government’s belief in the importance of the digital economy by Ed Vaizey, UK’s Minister of State for Culture…

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