The business, innovation and skills committee will investigate the challenges facing digital industries.
MPs will investigate the role the government will play in helping to make the most of the opportunities in the sector.
The committee inquiry will investigate the challenges facing digital industries, what the government needs to do to help businesses and how digital contributes to UK productivity.
Iain Wright, committee chairman, believes digital technology is rapidly changing the economic landscape.
He said: "Nothing short of a digital and tech revolution is taking place, with new entrepreneurs and business models emerging and existing businesses having to adapt quickly to keep pace. There are huge opportunities for competitive advantage for UK firms, but also real challenges.
"The committee wants to evaluate existing initiatives by the government and to consider what other actions the government might take to enhance the UK digital economy. We want to hear from all those interested and involved in this area, whether you are a tech entrepreneur ambitious to start a business or a company in an established part of the economy hoping to use digital technology to improve your business, so we can help ensure that the UK is at the forefront of the global digital economy."
The inquiry comes as the latest in a series of parliamentary investigations into the technology sectors.
The Culture, Media and Sport Committee is holding a separate inquiry into the coverage, delivery and performance of superfast broadband and mobile coverage.
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