Smartphones are beginning to dwarf the desktop/PC business, giving apps a key role in the development of economic and social progress.
Mobile apps depend upon platforms like app stores, and some apps, like Uber, have become platforms in their own right. Additionally, mobile apps also are beginning to include hardware to use alongside the app.
This report argues that if mobile apps develop alongside ongoing innovation in information-technology, there could be improved economic and social outcomes. However, this growth would present challenges to the “offline world;” therefore, this paper proposes governmental regulations and principles that could help aid mobile app growth, while not sacrificing offline growth.
These principles include taking account of technology and market change, factoring the pace of change into decision making, applying a set of policy principles and taking account of private market governance. Institutions should approach app development by championing disruptive innovation, speeding up policy adaptation, promoting policy contestability, and removing barriers to disruptive innovation throughout the economy.
Additionally, institutes should reform their current policies by adopting metrics and targets with mobile-apps in mind, creating new policies in response to innovation, taking more cautious approaches to intervention and facilitating data infrastructure and use.
These institutional adaptations and guidelines could result in mobile apps being more successfully used to promote social and economic progress.