Global economic digitalization: new challenge for country development

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Date
2022-10-21
Authors
Sepashvili, Eka
Journal Title
Journal ISSN
Volume Title
Publisher
Київський національний університет імені Вадима Гетьмана
Abstract
Modern technological achievements in digital spare determine the nature of global economy. digital technologies significantly improve the efficiency of economy due to the reduction of the cost of business transactions and other communications. Industrial revolutions that start since XVIII century, significantly changed the behavior of government, business and individuals. The development of the Internet, information technologies (IT technologies), sustainable communication channels, cloud technologies and digital platforms, increase in the amount of information generated from various sources, ensured the emergence of open information systems and global industrial networks. This, in turn, had a transformative impact on all sectors of the modern economy and business outside the IT sector itself and contributed to the transfer of industrial automation to a new 4th stage of industrialization. Nowadays, technological achievements are a significant factor for development. Success of the country in science and research boost country’s development. Emergence and unprecedented wide spread of digital technologies dictates national governments to take special measures to generate knowledge and to encourage national firms for innovation.
Description
Keywords
global economy, digital transformation, industrial revolution
Citation
Sepashvili E. Global economic digitalization: new challenge for country development [Електронний ресурс] / Sepashvili Eka / Стратегічні імперативи сучасного менеджменту : зб. матеріалів VІ Міжнар. наук.-практ. конф. (21 жовт. 2022 р.) / М-во освіти і науки України, Київ. нац. екон. ун-т ім. Вадима Гетьмана ; [орг. ком.: Лук’яненко Д. Г. (голова) та ін.]. – Електрон. текст. дані. – Київ : КНЕУ, 2022. – С. 265–268. – Назва з титул. екрану.
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