Abstract

The emergence of a digital economy has changed companies’ business and talent model. However, the gap between supply and demand for digital skills and talent poses a serious dilemma for many companies: do they acquire tech start-ups as a talent strategy or reinvent the company as a tech firm, hire new digital talent and reskill current employees? Recent research on start-up acquisitions and a new report from the US Business–Higher Education Forum and Burning Glass Technologies reframe this dilemma by shedding new light on foundational skills for the digital economy and strategies for acquiring new talent and reskilling employees.

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