The integrated Digital Economy and Society Index (DESI) is calculated to indicate "progress of EU countries towards a digital economy and society"; nevertheless there are serious barriers to practical use of the DESI. The methodology of the DESI does not apply to development indicators; the natural doubts are on significance of more than 30 aspects for socioeconomic growth. The study propose the methodology for determination of the key drivers of digitalisation, hence areas of priority investments, which can provide the most dynamic socioeconomic progress as well as return of investments. The intelligent data mining and mathematical modelling methods and tools have been used to achieve a conclusiononly six aspects actually are significant for socioeconomic growth. Results are applicable to all EU member states; any economy would use them for strategic investments planning. Current strengths and weaknesses of the Baltic States are analysed in more detail and recommendations are elaborated.
The integrated Digital Economy and Society Index (DESI) is calculated to indicate "progress of EU countries towards a digital economy and society"; nevertheless there are serious barriers to practical use of the DESI. The methodology of the DESI does not apply to development indicators; the natural doubts are on significance of more than 30 aspects for socioeconomic growth. The study propose the methodology for determination of the key drivers of digitalisation, hence areas of priority investments, which can provide the most dynamic socioeconomic progress as well as return of investments. The intelligent data mining and mathematical modelling methods and tools have been used to achieve a conclusiononly six aspects actually are significant for socioeconomic growth. Results are applicable to all EU member states; any economy would use them for strategic investments planning. Current strengths and weaknesses of the Baltic States are analysed in more detail and recommendations are elaborated.
scite is a Brooklyn-based organization that helps researchers better discover and understand research articles through Smart Citations–citations that display the context of the citation and describe whether the article provides supporting or contrasting evidence. scite is used by students and researchers from around the world and is funded in part by the National Science Foundation and the National Institute on Drug Abuse of the National Institutes of Health.