Challenges and opportunities for digital innovative hubs development in Europe
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Date
2021
Journal Title
Journal ISSN
Volume Title
Publisher
Vytautas Magnus University Agriculture Academy
Abstract
Digitalization serves as a catalyst for game-changing innovations in European rural business. Thereby, the study of
digital innovative hubs is relevant. The current research problem lays upon the understanding of main challenges and
opportunities in order to foster digital innovative hubs development in rural areas. The investigation methodology is
based on the digital innovation concept explaining their role in achieving rural business benefits. Firstly, the paper aims
to provide scientific review of digitalization impact on rural business development. Secondly, the aim is to examine the
challenges for rural business digitization. The findings of this study have a number of practical implications, concerning
opportunities for providing support of digital innovative hubs in Europe, increasing the potential of competitive
business development in rural area.
Description
Keywords
digital hub, rural business, innovation, Agri hub, investment, funding, European program
Citation
Gernego Iu. Challenges and opportunities for digital innovative
hubs development in Europe [Electronic resource] / Iuliia Gernego, Mykhailo Dyba, Serhii Onikienko // Management Theory and Studies fo r Rural Business and Infrastructure Development : scientific journal / Vytautas Magnus University Agriculture Academy ; [ed. board: R. Pakeltienė (ed.-in-chief) et al.]. – Electronic text data. – Lithuania, 2021. Vol. 43, № 2. – P. 298–306. – Mode of access: https://ejournals.vdu.lt/index.php/mtsrbid/article/view/2050/1680.