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Understanding the Digital Economy: Data Tools, and Research
... The digital economy is a new economic model that integrates and expands traditional sectors by using digital information and digital technologies, such as big data, artificial intelligence, and cloud computing, as key production factors [4,5]. China has become a leading player in the international digital economy field, with the size of digital economy reaching 50.2 trillion yuan in 2022, ranking second in the world. ...
... As can be seen in column (1), the digital economy and the average wage are positively correlated and significant at the 1% statistical level, indicating that the digital economy contributes to increasing income. The results in columns (2)- (4) show that the average wage contributes significantly to the participation rate and the contributions per capita to the basic endowment insurance and the basic health insurance. Based on the results in Table 6, the income mechanism holds for both the basic endowment insurance and the basic health insurance. ...
... The results in columns (1) and (2) show that, in regions with higher economic development, the higher the development of the digital economy, the higher the revenue of the basic endowment insurance funds. The results in columns (3) and (4) show that in regions with lower economic development, the development of the digital economy has a significant positive effect on the revenue of both the basic endowment insurance funds and the basic health insurance funds. For the results in columns (1) and (3), the coefficient of the digital economy in column (3) is larger than in column (1), which proves that the contribution of the development of the digital economy to social insurance funds revenue is more remarkable in regions with lower economic development than in regions with higher economic development. ...
China has experienced rapid development in the digital economy. Using data from 30 provinces in China between 2011 and 2017, this paper constructs a two-way fixed effects model to study the effects and mechanisms of the digital economy development on social insurance funds revenue. An increase of one unit in digital economy development led to a 0.56% increase in basic endowment insurance funds revenue and a 0.33% increase in basic health insurance funds revenue. The digital economy increased the social insurance funds revenue by promoting employment and increasing income. Furthermore, the effects of digital economic development on social insurance funds revenue were heterogeneous for different levels of economic development and urbanization. The conclusions stood after robustness tests by changing the method of weighting the digital economy indicators and using instrumental variables. This paper confirmed the positive role of the development of the digital economy in increasing the revenue of social insurance funds from the perspective of quantitative research and explored the mechanisms in depth. In order to increase social insurance funds revenue, it is essential to accelerate the development of the digital economy, especially in regions with lower economic development and urbanization, and to address the needs of the technically unemployed and those engaged in flexible employment.
... The digital economy has ushered in a unique era where the focus has shifted from tangible goods to services facilitated by digital technology (Barefoot et al., 2018;Brynjolfsson & Kahin, 2002;Carlsson, 2004). This landscape significantly impacts how organizations consider costs. ...
... Sales order = β0 + β1 * Number of line items + β2 * Number of orders (6) Cost order = β0 + β1 * Number of line items + β2 * Number of orders + β3 * Number of invoices (7) Invoice order = β0 + β1 * Number of invoices (8) Step 1: Collect data on the outcome and predictor variables for a sample of observations. ...
... By integrating CTD into the costing equations, CTABC offers a more nuanced and accurate tool for profitability management, thereby aiding more effective decision-making in the evolving competitive milieu. The advancement of Cognitive Time-Adjusted Activity-Based Costing (CTABC), as introduced in this study, addresses the critical issue of time management in economic transactions, affecting both revenues and costs (Brynjolfsson & Kahin, 2002). The interaction between time inefficiencies on both these fronts results in a "lever effect," leading to substantial nonlinear implications for operational profitability. ...
In today's fast-paced digital world, we're finally realizing that "brain time" isn't just a quirky concept but a crucial economic asset. Sure, the clock on the wall is ticking, but what about the mental clock inside our heads? We're all spending a lot of "cognitive time" to complete tasks, solve problems, and come up with innovative ideas, but no one has really figured out how to manage this resource effectively. That's a big problem, especially when you consider that how long you think about a task isn't necessarily the same as how long that task actually takes in "wall clock time." Enter our new tech solution: Cognitive Time-Driven Activity-Based Costing, or CTABC for short. It's like a software upgrade for the well-known time-driven activity-based costing method, which many businesses already use to figure out how much their activities cost. What sets CTABC apart is that it factors in human cognition-the mental effort it takes to get stuff done. It's like having a mental stopwatch that actually keeps track of how much brainpower goes into every project, task, or activity. And guess what? It's a game-changer. Why? Because CTABC reveals a hidden glitch, or what we like to call the "hidden lever effect," that has been messing with economic efficiency. You see, most traditional costing methods overlook the cognitive load, or mental effort, it takes to complete tasks. As a result, businesses can seriously underestimate costs, leading to all kinds of inefficiencies and budget headaches. We're not just throwing theories here; we've run tests that show how CTABC can shine a light on these hidden costs and inefficiencies. For example, it reveals how old-school costing models often underestimate the real costs by ignoring cognitive time. Just think about it-how many times have you or your coworkers misjudged how long a task will take, not because you can't tell time, but because you didn't account for the mental effort involved? Exactly. So, what's the big takeaway? Our CTABC tech doesn't just give a more accurate picture of costs; it provides a roadmap for businesses looking to streamline operations, allocate resources more wisely, and get the most bang for their buck in a digital economy that prizes mental agility. And from an academic standpoint, our research adds a fresh perspective to ongoing debates about cost accounting tech and the evolving digital landscape. It's especially useful for tackling the age-old problem of why we're often so bad at estimating how long tasks will take. In a nutshell, CTABC is like having a new set of eyeglasses that lets businesses see the world, and their own operations, more clearly. It's high time we started paying attention to cognitive time, not just clock time, and CTABC is the tool to help us do just that.
... By allowing the values of b > 1 in power law models (eqs. (2) and (5)), and allowing a < 0 and b < 0 in exponential models (eqs. (3) and (6)), as explained in section IV, it is possible to capture this phenomenon. ...
... For the meaning of the parameters, refer to eqs. (1) and (2). An insightful observation regarding the models is the apparent insignificance of fixed costs, as indicated by the proximity of C F values to zero (refer to table 2). ...
This study provides evidence of diseconomies of scale in Netflix, a major subscription-based video-on-demand (SVOD) service provider. This challenges the common belief in prevalent economies of scale for such e-businesses. Our analysis is based on a comprehensive dataset, where we have collected and combined publicly available and audited financial data, primarily sourced from Netflix’s 10-K reports. A second contribution of this study is the user-cost models employed in our analysis—specifically, a baseline linear model, a power law model, an exponential model, and a logarithmic model. Despite their clear relevance, such models are largely absent from discussions on SVOD business models, a gap we address and exemplify here. Applying these mathematical models to Netflix’s financial data reveals a super-linear increase in costs relative to user growth, indicating rising per-user costs characteristic of diseconomies of scale. Management strategies differ significantly between firms operating under the assumption of economies of scale and those experiencing diseconomies of scale—an important distinction, particularly as firm size increases. Our findings offer critical insights into SVOD service scalability, challenging prevailing assumptions and informing expectations about cost dynamics in this industry.
... В 1999 году цифровой экономикой заинтересовался Билл Клинтон, занимавший тогда пост президента США. Материалы конференции, состоявшейся по его инициативе [Brynjolfsson & Kahin, 2000], опубликованы, они есть в открытом доступе. Круг людей, использующих словосочетание digital economy, постоянно расширялся. ...
... В самом его названии читается понимание того, что третье тысячелетие от Рождества Христова начинается как цифровое и останется таковым на неопределенный срок. Стоит также напомнить о совещании, которое в 1999 году провел Билл Клинтон [Brynjolfsson & Kahin, 2000]. И случилось это за 18 лет до того, как в РФ громко заговорили о цифровой экономике, хотя до того даже книгу Тапскотта перевели, изменив название [Тапскотт, 1999]. ...
В статье показано, как новые возможности, появившиеся благодаря развитию информационных технологий и новых форм организации на основе этих технологий, могут приводить к весьма неожиданным последствиям, причем далеко не всегда позитивным. Изменения, происходящие в массовой культуре и получившие название «цифровой ренессанс», могут служить своеобразной моделью того, что ждет другие сферы жизни, затрагиваемые цифровизацией. Одна из самых опасных тенденций состоит в том, что актуальную повестку науке и культуре в новых условиях диктует маркетинг. Огромные инвестиции направляются в модные направления, оставляя на голодном пайке более полезные и перспективные, а технологии, рекламируемые как «чистые» и «зеленые», уничтожают планету. Другая негативная тенденция состоит в том, что новые возможности все чаще используются в криминальных целях, а ответом на это служат новые ограничения. И все же в целом явление новых возможностей, форм и достижений можно назвать цифровым ренессансом, так как речь идет, прежде всего, именно о возможностях и о том, как ими разумно распорядиться
The article shows how new opportunities that have emerged due to the development of information technologies and new forms of organization based on these technologies can lead to very unexpected consequences, and not always positive. The changes taking place in popular culture, dubbed the "digital renaissance", can serve as a kind of model of what awaits other areas of life affected by digitalization. One of the most dangerous trends is that marketing dictates the current agenda for science and culture in the new conditions. Huge investments are being made in fashionable areas, leaving more useful and promising ones on starvation rations, and technologies advertised as "clean" and "green" are destroying the planet. Another negative trend is that new opportunities are increasingly being used for criminal purposes, and the response to this is new restrictions. And yet, in general, the phenomenon of new opportunities, forms and achievements can be called a digital renaissance, since it is primarily about opportunities and how to use them wisely.
... The first examines how DTs can contribute to and enable a nation's digital transformation. The important role that products and services enabled by information and communication technology have come to play in modern economies has given birth to the idea of the "digital economy" (Brynjolfsson & Kahin, 2002). Emerging DTs have played critical roles in the development of the digital economy (Okpalaoka, 2023), sharing economy (Eckhardt et al., 2019), and globalizing economy (Watanabe et al., 2003). ...
... Digital transformation of traditional industry at the industry level • Industry 4.0-driven smart manufacturing, smart hospitality and healthcare, transportation, etc. ( Aversa et al., 2021; Henderson & Clark, 1990; Llopis-Albert et al., 2021) D. DT and national-level innovation D1. Digital transformation of a nation at the national level• Digital economy(Brynjolfsson & Kahin, 2002;Okpalaoka, 2023) • Sharing economy(Eckhardt et al., 2019) • Globalization economy(Watanabe et al., 2003) D2. Digital sustainability at the national level ...
... The digitalization of core economic activities including production, distribution, and consumption of goods and services is another main property of the digital economy (US Department of Commerce, 1999). Similarly, Brynjolfsson and Kahin (2000) defined digital economy with digitalization of information emphasizing that every part of economy has experienced a transformation to digitalization and also the digitalization of information is crucial in further growth of an economy. In addition, Lyotard (1984) affirmed that the development of IT technologies and the universal diffusion of knowledge make it possible to exchange knowledge as a good in the marketplace. ...
... Most of these studies on digital economy are based on IT technology advancement and digitalization of information, mainly focusing on developed countries (Lyotard, 1984;USDC, 1999;Brynjolfsson & Kahin, 2000). ...
Sharada industrial cluster is located between Municipal and Kumbotso local government areas of Kano state, Nigeria. This paper seeks to examine the use of digitalization for fostering the growth of small and medium enterprises (SMEs) at Sharada industrial cluster. Data were collected using questionnaire administered to 46 entrepreneurs through face to face interviews and analysed using descriptive method. About 82.6 percent of the interviewed enterprises are male-owned who have been in the business between 1991 and 2010. More than 78 percent of the businesses in the area are owned by a single person (sole proprietorship) who also chose the business because of its simplicity and funded it from their own savings. The paper also found that about 67.4 percent of the entrepreneurs are not efficient in production process using a digital system. And about 80.4 percent of them do not use internet at all in their business while 76.1 percent do not place their job advert on the social media. Another 67.4 percent of the surveyed SMEs are not using internet to relate with customers and about 54.3 percent of them reported not to have a cost reduction in their business activities.
... The world financial system has developed quickly in the era of the digital economy, which refers to advances in science and technology that have been creating new business models, changing the production process, consumption, and distribution of goods and services, as well as gradually changing the way we work to expand the digital product base and digital services, to modernize production, and increase productivity and economic efficiency in response to technological advances [1]. Because of the adaptation of the digital economy, new risks and opportunities have continuously existed in modern society. ...
... These countries have either banned cryptocurrencies outright or have issued warnings to their citizens about the risks involved in using them. 1 Over the past 10 years, blockchain-based cryptocurrencies have grown in popularity and attention with the fast development of blockchain technology. More than 7,000 cryptocurrencies have an active market worth of more than $300 billion as of the second quarter of 2020 [18]. ...
The transformation of the digital economy has been constantly evolving in the society of the 4.0 industrial revolution, particularly under the governmental policies of developed countries. One of the most popular tools in digital economy activities is cryptocurrency, which has led to a rise in digital awareness among people who are more inclined to live their lives electronically and digitally. The aim of this study is to explore the problems and prospects associated with the usage of cryptocurrency and identify ways to address these issues using the governmental roadmap in China and Cambodia. The methods employed in this study include descriptive, explanatory, and comparative analyses. The results demonstrate that the adoption of cryptocurrency presents both opportunities and threats to the Chinese and Cambodian economies. These opportunities and threats need to be carefully considered and balanced by policymakers and stakeholders. The conclusion drawn from the study is that there is still no official acceptance and recognition of cryptocurrency by the Chinese and Cambodian governments. This is primarily due to the fact that the risks and challenges associated with cryptocurrencies are deemed to be greater than the foreseeable opportunities, making them difficult to manage effectively.
... The concept of digital economy has become very important in the discourse of modern economic development. The digital economy refers to all economic activities that rely on digital technology, including production, distribution, consumption, and digital- based financial services (Brynjolfsson & Kahin, 2002). In this context, the integration of digital technologies such as e-commerce, big data, artificial intelligence (AI), and cloud computing is a tangible form of economic digitization. ...
This study analyzes the impact of the digital economy on the growth of MSMEs in Indonesia in the Industry 4.0 era. Using a descriptive quantitative approach and a sample of 150 MSMEs, results show that the adoption of digital technologies (e-commerce, big data, digital payments) increases operational efficiency, turnover and market reach. However, challenges such as low digital literacy, infrastructure gaps, and limited access to training hinder the optimization of digitalization benefits. This study emphasizes the importance of collaboration between government, private sector, and educational institutions to strengthen training, funding, and infrastructure support to maximize the potential of MSMEs' digital transformation.
... There is relatively broad consensus in the scholarly, industry and non-governmental literature that digital technologies are enablers of the digital economy and that a holistic digital transformation ecosystem creates favourable conditions for establishing new business models and market opportunities. Digital technologies such as "artificial intelligence (AI), fifth generation (5G) telecommunication, big data, and the internet of things (IoTs) have been continually shaping how businesses are structured, how organisations interact, and how people are motivated and organised" (Brynjolfsson & Kahin, 2002). ...
This short policy paper draws lessons from surveys and from three community engagement
exercises carried out in August 2022 by the University of the Witwatersrand, LINK Centre and
Mamaila Community Network.
... At the 2016 G20 Summit, Chinese concept of digital economy was first came up, which pointed out that the digital economy refers to the occurrence of economic activities in a series of forms that use various information data as production factors, networks as carriers, and technology to improve economic efficiency and adjust economic structure [9]. Internationally, in 2002, Brynjolfsson and Kahin proposed that the digital economy includes e-commerce, digital information and communication technology, software infrastructure, and delivery services from a technical and application perspective [10]. ...
Digital economy has become an increasingly hot topic in recent years that relies on digital technology as its core and data resources as its key to achieving economic activities. With the continuous development of communication technologies, modern information networks, digitization profoundly empowers various industries, especially in the fields of international commerce. In the era of a booming digital economy, empowering trade powers with a digital economy is a necessary development path. Existing literature mainly emphasizes the theoretical system, path, dilemma, integration with different industries, opportunities, and challenges faced by digitalization in the digital economy, as well as discusses the importance, barriers, and strategic priorities of trade powerhouses and high-quality development of international commerce. Based on this, this article focuses on trade powerhouses in the context of the digital economy, with a particular emphasis on the development trends of international trade within the framework of the digital economy. The study focuses on the positive endogenous casual association between the digital economy and the construction of a trade powerhouse and also proposes a path for digitalization to empower the development of international trade.
... Previous research shows that data from the Alexa registry can be obtained in this way. Missing data may be replaced by proxies (Brynjolfsson, 2000;Schmidt et al., 2023b). The network data is restructured according to the network concept and, together, they build the network model. ...
... Соответствующая рабочая группа провела 25-26 мая 1999 года публичную конференцию. Четыре ключевых доклада этой конференции опубликованы в виде книги [33]. ...
В статье прослежена (с указанием ключевых дат и событий) историческая преемственность идеи цифровизации экономики и культуры в целом, постепенное вытеснение аналоговых технологий и устройств их цифровыми субститутами по мере развития и удешевления цифровых технологий. Представлена авторская концепция цифровой экономики как научного направления (digital economics), ориентированного на исследование фундаментальных причин и следствий цифровой трансформации реальной экономики, увеличения в ней доли цифровых продуктов и услуг, а также новых форм бизнеса на основе цифровых технологий (digital economy). Отмечены фундаментальные свойства информации, представленной в цифровом формате на различных носителях (электронных, оптических, механических и т.д.). Показаны их проявления в реальной экономике. Выявлены связи и пересечения с родственными научными направлениями, включая экономику знаний, информационную экономику и управление знаниями (knowledge management).
The article traced (including key dates and events) historical continuity of the idea of digitalization of econ-omy and culture, the gradual replacement of analog devices and their digital substitutes with the development of cheaper digital technologies. It presents the authors concept of the digital economics as a scientific direction that based on the study of the fundamental causes and effects of the digital transformation of the real economy, increasing the share of digital products and services, and new forms of business based on digital technologies. Noted the fundamental properties of information represented in digital format on various media (electronic, op-tical, mechanical, etc.).
... Bu kavram, internet, büyük veri, yapay zekâ, bulut bilişim ve blockchain gibi teknolojik yeniliklerin ekonomik süreçlerde merkezi bir rol oynadığı bir dönemi ifade etmektedir. Dijital ekonomi, yalnızca mal ve hizmet üretimi ve ticaretini değil, aynı zamanda iş gücü piyasalarından finansal sistemlere kadar ekonomik yapının bütününü kapsamaktadır (Brynjolfsson & Kahin, 2003). ...
This study examines how digitalization is transforming financial literacy, accounting, and financial decision-making, emphasizing the growing necessity of digital financial literacy for individuals and businesses. The widespread use of fintech, cryptocurrencies, blockchain, and digital payment systems has improved financial accessibility but also introduced new risks such as cybersecurity threats, fraud, and speculative investment behaviors. Findings reveal that a lack of digital financial literacy leads to poor financial decisions, increased exposure to fraud, and reliance on uninformed investment choices.
The research highlights that digital transformation in accounting, particularly through AI-driven analytics, automated reporting, and blockchain-based financial records, enhances efficiency, security, and transparency but requires professionals to develop new skills. Blockchain technology is particularly noted for its role in preventing fraud, improving traceability, and strengthening regulatory compliance.
Additionally, the study explores the intersection of digital financial literacy and sustainable finance, particularly through Blue Finance, which promotes environmentally responsible investments. While digital tools can facilitate ESG-aligned investments, knowledge gaps hinder investors from effectively evaluating risks and opportunities.
Ultimately, this research underscores the need for stronger regulatory frameworks, targeted financial education programs, and increased integration of digital tools into financial literacy initiatives to ensure a more informed, secure, and sustainable financial ecosystem.
... The concept of digital economy first appeared in Tapscott's (1996) book The Digital Economy: Promise and Peril the Age of Networked Intelligence during the American New Economic Period . Information technology and e-commerce may be used to characterize the early digital economy (Brynjolfsson & Kahin, 2000). With the widespread adoption of digital technology across different sectors of economy and society, the concept of digital economy has increasingly surpassed its previous boundaries. ...
Plain language summary
Facing the great changes in the world such as the COVID-19 epidemic and the Russian-Ukrainian war, the rise of digital economy has prompted cities in China to carry out digital transformation, creating favorable conditions for improving urban innovation ability. However, while using the digital economy as a new engine to promote high-quality economic development, problems such as development imbalance, governance dilemmas, and digital divide have gradually emerged. In the context of the “New Normal” of China, can digital economy supported by information technology become a new driving force for improving urban innovation ability? With the development of the Internet and information technology, the spatial mobility of innovation resources has become more frequent and convenient. Is there a certain spatial rule in the impact of the digital economy on urban innovation ability? Resource endowment, marketization process, financial and technological support may often differ among cities. Is the digital economy empowering urban innovation ability non-linear due to the differences in the external environment? Clarifying the above issues has important practical significance for grasping the “digital opportunities” in the digital economy era and effectively promoting urban innovation ability. Based on the panel data of 286 prefecture-level cities in China from 2011 to 2019, this paper explores the causal relationship between digital economy and urban innovation ability by Panel Vector Auto-Regression (PVAR), examines the spatial and dynamic impacts of digital economy on urban innovation ability by Spatial Dynamic Panel Durbin (SDPD) model, and analyzes the nonlinear impacts of digital economy on urban innovation ability under different external environments by Threshold Spatial Dynamic Panel (TSDP) model.
... In a narrow sense, the economic behaviors covered by the digital economy are constantly supplemented, and the core role of the economic sector is continuously emphasized upon. The basis for the realization of the digital economy is also stressed in the process of developing the digital economy 18 , and a component of the digital economy is e-commerce 19 . Owing to the ongoing growth of digital economy, several nations and areas have started concentrating on legislative initiatives that would support it 20 . ...
The digital economy has emerged as a new trend in economic development and has profoundly influenced the process of achieving common prosperity. However, current research on the correlation between the digital economy and common prosperity from the perspective of a river basin still needs to be strengthened. Based on this, the present study first theoretically elaborates the conceptual meanings of “digital economy” and “common prosperity”, as well as the mechanism by which the digital economy empowers common prosperity. Subsequently, a scientifically-constructed performance evaluation index system for the digital economy and common prosperity is established. Considering the Yellow River Basin as an empirical case study area, this study investigates the mechanism and spatial spillover effects of the digital economy in empowering common prosperity from 2005 to 2020. The research findings reveal that: (1) The Yellow River Basin exhibits a basin characteristic with downstream > midstream > upstream areas regarding the level of common prosperity and digital economy. It indicates that a distinct spatial correlation exists between the two factors. However, the ongoing decrease in both high-level and very high-level areas reflects the lengthy and challenging journey of enhancing the quality and efficiency of the digital economy in empowering common prosperity. (2) The digital economy not only directly impacts common prosperity, but also fosters its development through spatial spillover effects. Among the control factors, informatization and housing levels have a major stimulating effect. (3) There exists a clear regional heterogeneity in how the digital economy affects common prosperity in the Yellow River Basin. Specifically, common prosperity of downstream cities is significantly impacted by the digital economy. The spatial spillover effects of the digital economy on common prosperity exhibit a pronounced “neighborhood as a moat” characteristic. (4) The digital economy facilitates the achievement of shared prosperity through the implementation of mechanisms centered on sharing, affluence, and sustainability. These research findings illuminate the empowering mechanisms and spatial spillover pathways of the digital economy in promoting shared prosperity, aligning with national strategies for ecological conservation and high-quality development in the Yellow River Basin.
... The digital economy defined as that part of the economy that depends on digital content (Brynjolfsson and Kahin, 2002;Carlsson, 2004). It differs from the traditional economy in terms of the mechanisms that regulate it. ...
African countries have shown interest in developing the legal framework for electronic payment as part of digital law. The article aims to analyze the role of the legal framework for electronic payment in the field of digital economy. It relies on a legal methodology through analyzing legal texts related to electronic payment. It also relies on the comparative and descriptive approaches whenever there is a scientific necessity. The article concluded that the legal framework plays an important role in the field of digital economy. This framework appears in the general rules of civil and commercial laws or through the laws of money and credit. Other laws also play a complementary role, such as criminal law and personal data protection laws.
... Schumpeter's theory of creative destruction (Schumpeter, 1942) suggests that digital innovations disrupt existing industries, creating new economic opportunities and challenges. This aligns with the idea of the "digital economy," where digital technologies drive economic growth and transformation (Brynjolfsson & Kahin, 2000). ...
Published by: This study aims to examine the digital transformation in industrial technology and its social impact on online public transportation. The primary focus is on analyzing how advancements in digital technology are reshaping the public transportation sector and the resultant social implications. A qualitative research method was employed, using case studies to provide an in-depth understanding of the phenomena. Data collection was conducted through comprehensive interviews with industry experts, public transportation operators, and users of online transportation services. Additionally, relevant documents and reports related to digital transformation and its impact on public transportation were analyzed. The results of the study indicate that digital transformation has significantly improved the efficiency, accessibility, and convenience of public transportation services. Innovations such as mobile applications, real-time tracking, and automated scheduling have enhanced the user experience and operational efficiency. From a social perspective, the adoption of digital technology in public transportation has facilitated greater inclusivity and mobility for various demographic groups, including the elderly and people with disabilities. However, the study also highlights several challenges, including digital divide issues, cybersecurity concerns, and the need for continuous technological upgrades and training. In conclusion, the digital transformation in industrial technology has a profound positive impact on online public transportation, enhancing service delivery and social inclusivity. The study recommends ongoing investment in digital infrastructure and comprehensive stakeholder engagement to address the challenges and maximize the benefits of digital transformation in the public transportation sector.
... Schumpeter's theory of creative destruction (Schumpeter, 1942) suggests that digital innovations disrupt existing industries, creating new economic opportunities and challenges. This aligns with the idea of the "digital economy," where digital technologies drive economic growth and transformation (Brynjolfsson & Kahin, 2000). ...
This study aims to examine the digital transformation in industrial technology and its social impact on online public transportation. The primary focus is on analyzing how advancements in digital technology are reshaping the public transportation sector and the resultant social implications. A qualitative research method was employed, using case studies to provide an in-depth understanding of the phenomena. Data collection was conducted through comprehensive interviews with industry experts, public transportation operators, and users of online transportation services. Additionally, relevant documents and reports related to digital transformation and its impact on public transportation were analyzed. The results of the study indicate that digital transformation has significantly improved the efficiency, accessibility, and convenience of public transportation services. Innovations such as mobile applications, real-time tracking, and automated scheduling have enhanced the user experience and operational efficiency. From a social perspective, the adoption of digital technology in public transportation has facilitated greater inclusivity and mobility for various demographic groups, including the elderly and people with disabilities. However, the study also highlights several challenges, including digital divide issues, cybersecurity concerns, and the need for continuous technological upgrades and training. In conclusion, the digital transformation in industrial technology has a profound positive impact on online public transportation, enhancing service delivery and social inclusivity. The study recommends ongoing investment in digital infrastructure and comprehensive stakeholder engagement to address the challenges and maximize the benefits of digital transformation in the public transportation sector.
... The analysis of scientific literature shows that leading scientists (E. Brynjolfsson, B. Kahin [6]; C. Dahlman [7]; W. Drozdz et al. [8]; H. Dzwigol et al. [9]; T. Elmasry et al. [10]; A. Кwilinski [11][12][13]; N. Lane [14]; F. Machlup [15]; R. Miśkiewicz [16]; D. Tapscott [17]; A. Tugui [18]) pay considerable attention to the study of new forms of digital transformation of the economy, to the development of digital models and strategies. ...
At the current stage of transformational transformations, the problems of transformation of the national economy are extremely relevant. And these questions are especially relevant in the conditions of rapid development of the digital economy. According to estimates by Forbes experts, 67% of the leaders of companies from the Global 2000 list chose digital transformation as a priority goal of their corporate strategy in 2018. According to a study by analysts International Data Corporation, the total global spending on digital technologies will grow by 16.8% annually and amounted to 2.1 trillion dollars in 2019. Research by Huawei and Oxford Economics has shown that intelligent network interaction will trigger the growth of the digital economy, which will reach 23 trillion dollars by 2025. This increase will be 78.3% compared to 2017 (12.9 trillion dollars). By 2025, the share of the digital economy is planned to increase by 7.2 percentage points, or from 17.1 to 24.3% of global GDP. According to the calculations of The Boston Consulting Group experts, the volume of the digital economy by 2035 will amount to 16 trillion dollars USA.
In view of this, the purpose of this study is to determine the trends and key directions of digital transformation research in the era of Industry 5.0 based on bibliometric analysis using the VOSviewer software. The article carries out a bibliometric analysis of the relationship between the terms “digital transformation”, “digitalization”,”Industry 4.0”, “Industry 5.0”. It has been established that currently the problems of the digital transformation of the economy in the context of the implementation of the digital strategy of the European Union are gaining special relevance. Digital transformation is a key component of the overall strategy to transform the global economy. Correctly selected digital technologies combined with employee competencies, processes and operations will allow companies to quickly adapt to crisis situations, use promising opportunities to modernize work processes, meet new and constantly changing customer needs, stimulate growth and implement innovative and management solutions.
The concept of digital transformation of the national economy in the context of Industry 5.0 should involve the use of digital tools and platforms to transform traditional business processes, improve interaction with customers, introduce innovative technologies and form a digital ecosystem. The main components of the digital transformation of critical infrastructure include: digital technologies (cloud computing, artificial intelligence, big data analytics and the Internet of Things (IoT); organizational changes (restructuring of processes to increase their flexibility, introduction of new methodologies (DevOps, Agile), formation of a digital culture); customer orientation and integration of digital channels.
For effective digital transformation of the economy on a practical level, it is advisable to pay attention to such main aspects as: having a clear vision and strategy that meets business goals; involving different groups of stakeholders and ensuring the interest of the entire organization; constant monitoring and evaluation of the implementation of digital transformation initiatives; an adaptive and iterative approach that allows you to navigate the changing digital landscape. It has been proven that the priority direction of research in the future should be the substantiation of the theoretical and methodological provisions of the formation of the digital ecosystem.
... One of the most important effects of the development of the Internet has been the increased importance of e-commerce. It is highlighted in the definition that recognizes this aspect of business as one of the three key components of the digital economy (along with supporting infrastructure and electronic business processes) [2], but it also appears in others ( [3], [4]) definitions. The impact of e-commerce on modern economies cannot be overstated, and successive years show a steady increase in the number and value of ICT-based transactions. ...
One of the most visible manifestations of the changes brought about by the digitization of everyday life is undoubtedly the spread of electronic commerce. It is difficult to think of the digital economy without considering transactions through electronic channels. In turn, the user interface (UI) is the key to e-commerce, as it is usually the first and primary point of contact between business and consumer. A key trend in e-commerce is the personalization of communications, which can improve the user experience, increase customer satisfaction and deliver tangible business benefits. Today, it is technically possible to base this personalization on an analysis of user behavior using artificial intelligence and machine learning techniques. A common form of personalization in e-commerce is the use of product recommendation systems, but the user interface can be tailored much more extensively. The approach described and discussed in this paper is a multivariant user interface that allows the layout to be tailored to the characteristics, attributes, and behaviors of customer groups generated using machine learning techniques. The results of the research carried out make it possible to verify the practicality of the proposed solution and provide an opportunity to identify development directions that take into account the potential of artificial intelligence. The application of the concept described in the paper is broad, covering all aspects of e-commerce design that require compromises when serving a single UI variant, but allow flexibility and customization for different users when serving a multivariant UI. INDEX TERMS Artificial intelligence, e-commerce, machine learning, personalization, user interface.
... Software engineers play a pivotal role in the emerging digital economy. They lay the technical foundation for this economy, allowing businesses and societies to take steps towards digital interactions (Brynjolfsson & Kahin, 2000;Dorschel, 2022). Consequently, there is a high and still growing demand for software engineers across the globe (Chow, 2022;Nizami & Prazad, 2017). ...
... At the same time, smart cities represent a pivotal evolution in urban life, harnessing advanced technologies to optimise infrastructure, services, and citizen experience [2]. High-value data has the potential to unlock new insights and increase efficiency at the core of this paradigm [3]. As cities become more interconnected, the integration of a wide variety of data enriched by semantic technologies such as the Next Generation Service Interfaces Linked Data (NGSI-LD) standard [4] becomes central to the success of smart cities. ...
The vast amount of information stemming from the deployment of the Internet of Things and open data portals is poised to provide significant benefits for both the private and public sectors, such as the development of value-added services or an increase in the efficiency of public services. This is further enhanced due to the potential of semantic information models such as NGSI-LD, which enable the enrichment and linkage of semantic data, strengthened by the contextual information present by definition. In this scenario, advanced data processing techniques need to be defined and developed for the processing of harmonised datasets and data streams. Our work is based on a structured approach that leverages the principles of linked-data modelling and semantics, as well as a data enrichment toolchain framework developed around NGSI-LD. Within this framework, we reveal the potential for enrichment and linkage techniques to reshape how data are exploited in smart cities, with a particular focus on citizen-centred initiatives. Moreover, we showcase the effectiveness of these data processing techniques through specific examples of entity transformations. The findings, which focus on improving data comprehension and bolstering smart city advancements, set the stage for the future exploration and refinement of the symbiosis between semantic data and smart city ecosystems.
... For example, cross-regional social enterprise unions enable social enterprises worldwide to exchange and collaborate physically or virtually (Frączkiewicz-Wronka and Wronka-Po� spiech 2014). Also, the widespread digital revolution has broken down the solidified patterns of industrial distribution and narrowed the gap in knowledge acquisition across social classes (Bukht and Heeks 2017;Brynjolfsson and Kahin 2002). As a result, lagging regions and grassroots are provided opportunities to leapfrog through digital technologies (Tim, Cui, and Sheng 2020). ...
... According to Moulton [19], information technology and electronic commerce are fundamental elements of the DE. Further elaborating on this, Brynjolfsson and Kahin [20] contend that the digital infrastructure is the foundation of the DE. With the progression of the scientific and technological revolution, the fundamental nature of the DE experiences a significant expansion. ...
As digital technologies continue to reshape economic landscapes, the comprehensive evaluation of digital economy (DE) development in provincial regions becomes a critical endeavor. This article proposes a novel approach, integrating the linear programming method, fuzzy logic, and the alternative ranking order method accounting for two-step normalization (AROMAN), to assess the multifaceted facets of DE growth. The primary contribution of the AROMAN is the coupling of vector and linear normalization techniques in order to produce accurate data structures that are subsequently utilized in calculations. The proposed methodology accommodates the inherent uncertainties and complexities associated with the evaluation process, offering a robust framework for decision-makers. The linear programming aspect optimizes the weightings assigned to different evaluation criteria, ensuring a dynamic and context-specific assessment. By incorporating fuzzy logic, the model captures the vagueness and imprecision inherent in qualitative assessments, providing a more realistic representation of the DE’s multifaceted nature. The AROMAN further refines the ranking process, considering the interdependencies among the criteria and enhancing the accuracy of the evaluation. In order to ascertain the efficacy of the suggested methodology, a case study is undertaken pertaining to provincial areas, showcasing its implementation in the evaluation and a comparison of DE progress in various geographical settings. The outcomes illustrate the capacity of the model to produce perceptive and implementable insights for policymakers, thereby enabling them to make well-informed decisions and implement focused interventions that promote the expansion of the DE. Moreover, managerial implications, theoretical limitations, and a comparative analysis are also given of the proposed method.
... Comparative Analyses: Comparing sectors or industries that have embraced digital innovation with those lagging might provide valuable lessons. Such comparative studies could help in isolating factors that contribute most significantly to performance uplift (Brynjolfsson & Kahin, 2002). For instance, examining the digital maturity and performance metrics of companies in technology-driven sectors versus traditional industries can reveal the differential impact of digital innovation. ...
Digital innovation management has become crucial in today's rapidly evolving business landscape, marked by technological convergence, accelerated development cycles, and emerging market opportunities. This paper, employing a systematic literature review methodology to critically analyze and synthesize existing literature, offers an in-depth analysis of digital innovation management, examining its unique attributes, frameworks, and best practices. The Digital Innovation Process Model (DIPM) is highlighted, emphasizing the importance of incorporating digital technologies throughout the ideation, development, and commercialization phases to create value and achieve competitive advantage. The challenges and strategies associated with managing digital innovation are explored, such as striking a balance between agility and stability, nurturing collaborative innovation ecosystems, and fostering organizational cultures that promote digital innovation. Additionally, emerging theoretical perspectives like digital innovation logic and platform logic are discussed, shedding light on the converging nature of digital innovation and the role platforms play in value co-creation. In formulating a digital innovation management strategy, the focus is on aligning innovation efforts with business objectives, fostering a supportive organizational culture, and harnessing the power of digital platforms for collaboration. Lastly, potential avenues for future research are outlined, including assessing the impact of digital innovation on performance, investigating the interplay between digital innovation and emerging technologies, and examining the influence of public policy and regulation on the digital innovation landscape. This paper strives to provide a comprehensive understanding of digital innovation management and its implications for organizations, strategists, and researchers.
... Наприкінці ХХ -початку ХХІ ст. над дослідженням теорії і практики цифрової економіки працювали зарубіжні науковці Р. Бухт (R. Bukht), Р. Хікс [2][3][4] стверджувалося, що цифрова економіка складає той складник виробництва, який розвивається завдяки цифровим технологіям, однак, водночас є особливою бізнес-моделлю, базованою на товарах і послугах, які мають цифрову основу. ...
У статті запропоновано наукове осмислення цифрової трансформації як складної та багатоаспектної категорії. На основі теоретичного аналізу та узагальнення праць зарубіжних науковців запропоновано авторську експлікацію категорії «цифрова трансформація». Вио
This study analyzes the potential impact of the electrification of the delivery fleet on sustainability in the e-commerce sector, forecasting trends up to 2050. Scenario analysis, forecast models, and Monte Carlo simulations are utilized to evaluate the following three scenarios: business-as-usual (BAU), partial electrification, and full electrification. This study focuses on reducing CO2 emissions, optimizing operating costs, and delivery time efficiency. The results indicate that full electrification can reduce CO2 emissions by more than 75% and operating costs by around 30% by 2050, while improving delivery time by around 15%. Partial electrification shows moderate benefits, with a reduction in CO2 emissions of around 50% and cost savings of 15%. This study emphasizes the significant potential of fleet electrification in solving environmental problems and increasing operational efficiency in e-commerce logistics, while identifying challenges in implementation and areas for future research.
Nowadays, organizations have turned to using various tools to gain competitive advantage. One of these tools can be considered information technology in the field of trade. The increasing advances in information technology have been able to create strategic changes in e-commerce and consequently in supply chain management. This article, by examining research in the field of e-commerce and supply chain, explains the strategic role of e-commerce on supply chain management. E-commerce can be considered a platform for improving supply chain performance, because the use of this tool can lead to cost reduction, improved scheduling, and system coordination.
The scientific article offers a conceptual approach to the informatization of corporate management based on digital technologies, proposals and suggestions for improving the automated information management system in corporate management, scientific approaches to the use of digital models based on predictive analysis in corporate management.
The aim of this study is to examine the characteristics of the digital economy and digital business models, summarising and contextualising the milestones, tools, conditions, socio-economic impacts and areas of the emergence and development of the digital economy. Due to the interdisciplinary nature of the digital economy and its wide range of interpretations, there are no universally accepted, precise definitions and taxonomies, and the subject is delimited by a number of definitions, due to the specificities of the discipline and the approaches taken by studies in particular sub-disciplines. The digital economy is the main driver of economic growth, changing lifestyles, transforming the economy and leading to profound consequences for businesses, jobs and people. The first wave of the emergence of the digital economy can be detected in the second half of the 20th century, when it was driven primarily by the new technology itself, mainly the internet, as a widely affordable and accessible factor driving exponential growth. The future digital economy could be based on a combination of IoT (Internet of Things) and AI (Artificial Intelligence). In a general sense, the digital transformation brought about by the digital economy can be defined as the modification or adaptation of existing business models, as a result of the dramatic transformation in consumer and societal behaviour, attitudes and ways of being, as well as the dynamic pace of technological development, modernisation and innovation. Other areas of the digital economy are new digital models (digital platforms, cloud services), automation, massive data collection, data processing, data analytics, algorithm-based decision making.
Materi yang terdapat dalam buku ini dirancang sebagai panduan bagi mahasiswa dalam mempelajari ekonomi digital, serta dapat dijadikan referensi yang komprehensif. Setiap bab dalam buku ini berusaha untuk saling melengkapi dan memberikan konteks yang lebih luas.
Isi buku terdiri dari 8 bab yaitu Bab 1 membahas tentang ekonomi digital; bab 2 literasi digital; Bab 3 e-commerce; Bab 4 financial technology; Bab 5 e-money; Bab 6 smart economy; Bab 7 pengembangan ekonomi
In the current socio-economic realities, a distinctive feature of the digital economy is the exponential increase in the efficiency of information and communications technology, where new digital solutions, digitization, and robotics are changing economic processes. Among these processes, the population occupies a special place. This article reveals that in the digital economy, human activity is significantly transformed as the main participant in the digital transformation process, acting as both a supplier and consumer of digital goods and services. Based on the analysis of the existing theoretical definitions, the author presents sociological understanding of the digital economy, including its typological definitions, essential properties, three-level model, and its constituent elements. The literature review includes the state documents on the digital economy development in the regions. The results highlight the main role of the population in the digital processes of a changing society. Additionally, attention is paid to information technologies becoming a key factor in the digital economy, the issues of digital competence of future specialists, and their demand in the labor market, as well as the platforms that are important in economic relations and which are acquiring a digital appearance.
The digital economy plays a crucial role in facilitating the flow of resources between urban and rural areas and addressing development imbalances. This study focuses on 41 cities in the Yangtze River Delta region and uses the entropy-weighted TOPSIS method and coupling coordination degree model to analyze the coupling and coordinated development of the digital economy and urban‒rural integration from 2010–2022. The spatial characteristics of the coordination distribution and network correlation structures are examined via standard deviation ellipses, modified gravity models, and social network analysis, alongside the dominant influencing factors derived from geographic detectors. The results show that (1) there is a disconnection and imbalance between the development of the digital economy and urban‒rural integration in the Yangtze River Delta, with the former progressing significantly faster than the latter. (2) The coupling coordination level improved over the study period, with cities exhibiting higher coordination concentrated in the eastern and southeastern parts of the region, showing an “M”-shaped distribution. (3) The coupling coordination degree displays a spatial distribution pattern from "northwest to southeast," with the center shifting southeastward. Overall, the central area outperforms the northern and southern areas, and the eastern area surpasses the western area. (4) The degree of coupling coordination forms a complex network structure, with core cities expanding from Shanghai, Suzhou, and Wuxi including Nanjing and Changzhou. The network structure has transitioned from a hierarchical to a flat structure, and center degree analysis reveals an increase in influence for Nanjing and Changzhou; however, the distribution of mediating roles is uneven, affecting the network's accessibility and stability. (5) The coordinated development of the digital economy and urban‒rural integration is influenced by different factors over various time periods, with the flow of urban‒rural resources, agricultural modernization, and social equalization being the primary contributors. Finally, on the basis of the analysis results, targeted optimization strategies using the geographic detector model provide a reference for regional urban‒rural development.
Актуальність цієї роботи зумовлена втратою привабливості масового серійного товару в епоху інформаційних технологій, що є приводом для суб’єктів господарювання у сфері торгівлі до створення конкурентної стратегії. З’ясовано, що управління конкурентоспроможністю ґрунтується на використанні сучасного управлінського інструментарію, спрямованого на конкурентоспроможність. Зроблено акцент на технологічних трендах, що формують конкурентні переваги, систематизовано фактори розвитку конкурентних переваг та виділено принципи на яких формуються крос-функціональні команди для успішної реалізації системи управління конкурентоспроможністю. Запропоновано напрями оцінки цифрової зрілості суб’єкта господарювання у сфері торгівлі для здійснення управлінських функцій і впровадження їх в діяльність організації.
The digital economy has experienced an unheard-of surge in the twenty-first century, revolutionizing how businesses run, societies function, and people interact. The utilization of cutting-edge technologies to optimize resources and streamline operations has become crucial with the changing digital landscape. Cloud computing has become a potential enabler in this transformative era, providing a flexible and scalable solution that meets the needs of the rapidly growing digital ecosystem. This study aims a novel PF-DNMA-SWARA method that amalgamates Stepwise Weight Assessment Ratio Analysis (SWARA) and double normalization-based multiple aggregation (DNMA) constructed on Pythagorean Fuzzy Sets (PFSs) to identify potential barriers to efficient cloud resource utilization for large-scale implementation in the digital economy. The results of this study uncovered a compelling narrative that emphasized the developed approach’s unique advantages in terms of its capacity to function naturally within the context of PFSs. The method offered a more complex and finely tuned evaluation framework by utilizing the inherent flexibility and interpretability of PFSs. This factor is of utmost importance, especially in complex situations where there are many uncertainties and imprecisions, making it impossible for conventional methods to accurately capture the nuances of real-world resource utilization dynamics.
The introduction of digital technologies affects most socioeconomic processes and activities in the economy, from
agriculture to public services. Even though the world is
currently only in the early stages of digital transformation,
the digital economy is growing rapidly, especially in
developing countries. Shortly, digital platforms will be able
to replace the "invisible hand" of the market and turn it into
digital. Some digital platforms have already reached global
reach in some sectors of the economy. The growing value
of data and artificial intelligence is reflected in the high
capitalization of these enterprises. Their growing role has
far-reaching consequences for the organization of economic
activity and integration into the field of e-business.
However, their importance and level of development in
different countries differ significantly.
The main purpose of this article is an assessment of the
level and trends of the digital economy in the world and the
identification of homogeneous groups of states following
the main trends in the development of its components from
among the EU countries. The methodology of the
conducted research is based on the use of general scientific
research methods in the analysis of secondary sources and
the application of statistical methods of correlationregression and cluster analysis. Macroeconomic indicators
and components of DESI (Digital Economy and Society
Index) were used for the analysis. Results. Based on the
analysis established that most developed countries have a
medium level of digitalization of the business environment
and a high level of digitalization of socially oriented public
services, while countries with lower GDP focus their
policies on building digital infrastructure and training
qualified personnel. The study summarizes and analyzes
current trends in digital technology, analyzes the level and
dynamics of integration of digital technologies of the
studied EU countries, the level of development of ebusiness and e-commerce. The conceptualization of
mechanisms of creation of added value in the digital
economy is offered and the possible consequences of
digitalization of the economy of developing countries are
generalized.
This study assessed the relationship between ICT investments in relation to organizational performance with specific focus on knowledge-imbibed organizations-universities. The study focusses on drawing possible relationships between ICT investment and ICT cost efficiency and, various indicators of organization performance such as return on capital employed, net profit margin and return on assets. The study uses data generated from the annual report of 37 universities in South West Nigeria over the period between 2001 and 2010 in dynamic panel environment. Controlling for structural differences and time-varying dynamics among these universities, the analyses show varying effects of ICT investment on performance. The findings indicate that ICT investment and ICT cost efficiency have positive and significant relationship with performance indicators. The study recommends that ICT investment should be guided in order to stimulate organizational performance.
This study assessed the relationship between ICT investments in relation to organizational performance with specific focus on knowledge-imbibed organizations-universities. The study focusses on drawing possible relationships between ICT investment and ICT cost efficiency and, various indicators of organization performance such as return on capital employed, net profit margin and return on assets. The study uses data generated from the annual report of 37 universities in South West Nigeria over the period between 2001 and 2010 in dynamic panel environment. Controlling for structural differences and time-varying dynamics among these universities, the analyses show varying effects of ICT investment on performance. The findings indicate that ICT investment and ICT cost efficiency have positive and significant relationship with performance indicators. The study recommends that ICT investment should be guided in order to stimulate organizational performance.
The economy of the proximity city should be based on the concept of social economy, which emphasises and embraces the visions emerging in ongoing discourses about proximity, being strictly related to the physical dimension, but whose relational dimension increases even more in value. Therefore, several authors are investigating and considering that physical proximity is inevitably related to relational proximity. Relationships are not designed, but it is essential to design a set of conditions, of platforms, of physical contexts, which create the conditions for certain relationships to happen. Considering the values and potentials of proximity relations, along with their multiple and hybrid dimensions, we should focus on the elements that allow these interactions, as well as the design approaches and methodologies that enable the systems that support them. In this sense, it is now more than ever necessary to untangle the underlying concepts implied by these phenomena, trends, and cultural and innovative forces. This chapter tries to offer a comprehensive review of the literature regarding the evolution of different types of economies, up to the point of defining the latest types that have emerged in recent years and have found fertile ground for debate and implementation, mainly due to the pandemic. The review concludes with research questions and further steps that should be taken inside and outside academia and by considering and involving the always-changing variety of actors that a city of proximity may contain.
The first issue of the magazine is published at a difficult time. The global coronavirus pandemic and the deep economic crisis have significantly worsened business activity in the world. Currently, global supply chains are collapsing, international trade is declining, and competition between global and regional logistics operators is intensifying. The most common thesis is that the world will never be the same again. Industry experts predict the emergence of new, more flexible and adaptive supply chain management strategies and approaches to logistics business process management. The trend towards collaborations, cooperation and unification of services is emerging, comprehensive proposals for clients are being developed. There is increasing talk about the need to build bimodal supply chains, which involves the development of different decision-making scenarios: the traditional approach - cost-effective efficiency, low risk, high predictability; a new approach "second mode" - rapid recognition of opportunities, adaptability, willingness to solve unexpected problems and look for new opportunities.
Artikel ini bertujuan untuk menjelas mengenai digital economy working group G20 pada masa Presidensi Indonesia tahun 2022. Artikel ini melihat bahwa digital ekonomi ini merupakan salah satu alat yang dapat dimanfaatkan oleh G20 untuk membangun ketahanan tata kelola ekonomi dunia pasca pandemi Covid-19. Dalam menganalisa, artikel ini menggunakan konsep diplomasi ekonomi dan ekonomi digital. Metode riset yang digunakan dalam riset ini adalah metode kualitatif yang didukung dengan pengumpulan data melalui studi pustaka dan juga dilakukan reduksi data dalam melakukan anlisis data. Hasil dari penelitian ini menunjukan bahwa terdapat urgensi dalam membangun tata kelola ekonomi digital global terutama setelah adanya krisis pandemi, pembahasan masalah tersebut dapat dimulai dengan mengedepankan kepentingan bersama, terutama dampak krisis terhadap masyarakat dan menciptakan ketahanan ekonomi global. Sebagai negara yang cenderung berada di tengah, hal ini dapat menjadi keuntungan bagi Indonesia dalam menjembatani negara-negara anggota G20.
Object: Public administration's digital transformation is examined in this paper. The study's goal is to better understand how public administration organizations are changing in order to streamline administrative decision-making procedures. Methods: This study examines the effects of digitization on public administration systems through an interdisciplinary approach that offers an evaluation of socio-economic processes. The organizational features of Kazakhstan's public administration's digitization are the study's focus. Findings: The writers of the suggested scientific work provide the primary directions of public administration's digital transformation while concentrating on the key components of the concept of “digitalization of public administra tion” and analyzing the key indicators of this process in Kazakhstan. Conclusions: In the contemporary digital era, the delivery of public services should remain centered on meeting the requirements of citizens and businesses. Simultaneously, digitalization introduces novel tools and procedures that streamline and enhance the convenience, accessibility, comprehensibility, and safety of traditional approaches.
Globalization, industrialization, and digitalization have led to structural changes in the economy and labor markets, affecting their internationalization, flexibility, labor mobility, and the emergence of new forms of employment. The purpose of the academic paper is to identify the economic consequences of digital transformation and automation of labor markets in the example of the EU-27 countries for the period 2013-2022. The structural-functional analysis was used in the academic paper to characterize and systematically study the economic consequences of digitalization and automation in the labor markets of the EU-27 countries. The functioning of the labor market in various EU-27 countries in the context of digital transformation is characterized by several features. The EU-27 labor markets are characterized by rapid employment recovery, especially during the pandemic and economic downturn in 2020, and employment revival in 2021-2022. In the Member States, a stable level of employment is generally observed; there is a decrease in the share of people with 0-2, and 3-4 educational attainment levels, while the share of people with 5-8 educational attainment levels is growing, and there is a stable growth in wages and incomes. Changes in the social structure of the employed by vocational and educational levels and qualifications in favor of increasing the importance and role of higher education have been revealed. Changes in forms of employment and the emergence of new forms of employment (sharing of workers and workplaces, temporary management, casual labor, ICT-based mobile work, voucher work, portfolio work, crowd employment, and collaborative work) have been identified.
"Globalization, industrialization, and digitalization have led to structural changes in the economy and labor markets, affecting their internationalization, flexibility, labor mobility, and the emergence of new forms of employment. The purpose of the academic paper is to identify the economic consequences of digital transformation and automation of labor markets on the example of the EU-27 countries for the period 2013-2022. The structural-functional analysis was used in the academic paper to characterize and systematically study the economic consequences of digitalization and automation in the labor markets of the EU-27 countries. The functioning of the labor market in various EU-27 countries in the context of digital transformation is characterized by a number of features. The EU-27 labor markets are characterized by rapid employment recovery, especially during the pandemic and economic downturn in 2020, and employment revival in 2021-2022."
Digital trade is an advanced form of digital transformation in the field of trade. China has made significant strides in the realm of digital trade, particularly in the domain of cross-border e-commerce. It is worthwhile to consider whether the dividend of digital trade benefits enterprises and fosters new competitive advantages at the micro level. This study constructs a framework for analyzing enterprise competitiveness under the background of digital trade. The digital trade development index is measured comprehensively across five dimensions with entropy weight method and TOPSIS, reflecting China’s regional diversity. A two-way fixed effects (TWFE) model is utilized to verify the influence of digital trade on enterprise competitiveness based on panel data from Chinese A-share listed companies from 2011 to 2020. The study finds that digital trade has a positive effect on enterprise competitiveness, mainly strengthening the scale factor. Furthermore, the influence of digital trade on enterprises exhibits heterogeneous characteristics. Through moderation effect testing, it is found that the positive effect of digital trade is stronger for enterprises with high participation in digital trade and market competition, while it is weakened for enterprises with high proportion of overseas business. Enterprises in China that participate in and benefit from the digital trade are mainly from non-technology-intensive industries and located in regions with better digital innovation environments, where they are more likely to adapt to the development of digital trade. Both state-owned and non-state-owned enterprises are equally affected by digital trade. Through mechanism testing, the study finds that digital trade promotes enterprise competitiveness mainly through three channels: asset expansion, cost reduction, and efficiency improvement. This research analyzes the micro-level impact effects of digital trade development on individual entities, expanding research perspectives into this field.
KATA PENGANTAR
Segala puji bagi Allah, Tuhan Yang Maha Esa atas rahmat dan
karunia-Nya, sehingga penulis dapat menyelesaikan buku ajar. Tak
lupa juga mengucapkan salawat serta salam semoga senantiasa
tercurahkan kepada Nabi Besar Muhammad SAW, karena berkat
beliau, kita mampu keluar dari kegelapan menuju jalan yang lebih
terang.
Kami ucapkan juga rasa terima kasih kami kepada pihak-pihak yang mendukung lancarnya buku referensi ini mulai dari proses penulisan hingga proses cetak, yaitu orang tua kami, rekan-rekan kami, penerbit, dan masih banyak lagi yang tidak bisa kami sebutkan satu per satu.
Adapun, buku ajar kami yang berjudul ‘Perkembangan Ekonomi dan Konsep Ekonomi Digital’ ini telah selesai kami buat secara
semaksimal mungkin agar menjadi manfaat bagi pembaca yang
membutuhkan informasi dan pengetahuan mengenai bagaimana
Perkembangan Ekonomi Digital saat ini.
Dalam buku ini, tertulis bagaimana pentingnya perkembangan
ekonomi dan konsep ekonomi digital juga bagaimana materi yang
disajikan yang relevan dengan mata kuliah mengenai ekonomi yang menjadi alternatif pegangan bagi mahasiswa dan dosen yang menempuh studi tersebut.
Kami sadar, masih banyak luput dan kekeliruan yang tentu saja jauh dari sempurna tentang buku ini. Oleh sebab itu, kami mohon agar pembaca memberi kritik dan juga saran terhadap karya buku ajar ini agar kami dapat terus meningkatkan kualitas buku.
One of the modern challenges of the organization of marketing activities is the rapid development of digital technologies and information systems as effective tools for promoting products and e-commerce. Therefore, enterprises pay considerable attention to the technological component of business digitalization based on the modernization of IT infrastructure, the introduction of cloud software, and the formation of digital channels using information technology. The key vector of digital transformation should be aimed at increasing the requirements for the level of logistics services, the emergence of new criteria for the quality of logistics services, that is, the formation of a customer-oriented approach to customer relationship management. In view of this, the purpose of this study is to develop scientific and methodological provision of the formation of a system for managing relationships with consumers, taking into account the challenges of the digital environment. To achieve the set goal of the study, the methods of analysis, synthesis, comparison, classification, expert questioning, statistical analysis, structural and logical generalization were used. In the article, the system of management of relationships with consumers is considered as an interrelated set of objects and subjects of management through the implementation of the entire list of functions of management of consumer service processes on the basis of the use of mechanisms of information, organizational and logistical support. The level of use of information and communication technologies in the organization of consumer service processes at Ukrainian enterprises is analyzed. A structural and functional scheme of formation of a system for managing relationships with consumers has been built. The expediency of applying a system approach to the digital transformation of the consumer relationship management system based on the use of information tools and digital channels is substantiated; formation of a qualitatively new culture of marketing communications and omnichannel information environment.
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