Digital transformation could significantly contribute to the current social and economic crisis into a development opportunity. To achieve digital transformation, the region requires strategic innovation partnerships that support its path to overcome its structural business ecosystem issues.

This report looks into what Korea went through before becoming one of the leaders of digital transformation today. The evolving ecosystem of digital economy has produced some noticeable transformation cases in various public and private sectors that can be applicable to Latin American and Caribbean companies.

The report proposed a framework for facilitating digital transformation that is composed of the newness of the following fundamental pillars; good governance, strategic infrastructure, human capital, convergence, regulations, innovative technology and cooperation.