Driving factors of Serbian competitiveness: Digital economy and ICT

Domazet, Ivana; Zubović, Jovan

doi:10.5937/straman1801020d

Cited by 42 publications

(27 citation statements)

References 12 publications

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“…Definitions of the digital economy in the literature of the subject are presented in different sources [37][38][39]. The analysis of the definition of the digital economy clearly indicates its evolutionary nature in a timely context, but it should nevertheless be emphasized that all definitions give some acknowledgment that digital technologies of some kind are the foundation for the digital economy [40][41][42]. However only a few, in their explanations, identify the production of these technologies and related foundational services as part of-indeed as the core of-the digital economy [43].…”

Section: The European Union's Digital Economy and Society And Digital Convergencementioning

confidence: 99%

Developing Digital Economy and Society in the Light of the Issue of Digital Convergence of the Markets in the European Union Countries

et al. 2021

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The main objective of the paper is to present the development of digital economy and society in the Countries of the European Union in the light of the digital convergence of these markets. The analysis was based on the data on the Digital Economy and Society Index (DESI) from 2015 and 2020. Empirical studies have been conducted in two stages. First, basic measures of time series dynamics were used to determine the dynamics of changes in index values. On the other hand, in order to classify countries in terms of similarity of value and structure of the DESI, a cluster analysis was used as one of the basic methods of the so-called unsupervised statistical grouping. The studies presented confirm that the levels of indicators and the dynamics of changes in their value at the level of the synthetic DESI indicator, and in the five underlying areas of analysis, vary despite the fact that almost all are pro-growth, including for isolated clusters of EU-28 countries. When analyzing the DESI synthetic index and its components, it was concluded that there is generally an increase in convergence between the EU-28 countries in terms of the level of development of the digital economy and society, as well as in four components: Connectivity, Human Capital, Use of Internet Services and Digital Public Services. The Integration of Digital Technology area was the only one where increasing polarization of results was observed. The added value of the paper is to fill the research gap in research on the digital convergence of markets in the Countries of the European Union.

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Section: The European Union's Digital Economy and Society And Digital Convergencementioning

confidence: 99%

Developing Digital Economy and Society in the Light of the Issue of Digital Convergence of the Markets in the European Union Countries

et al. 2021

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“…Present-day theoretical approaches to the concept of information have led some researchers to the definition of money as an information product [18,19]. The information theory of money derives primarily from its informative origin [20,21]. According to T. Stonier, it is necessary to quantify the impact of information on economic life and define that most important feature in financial categories [22].…”

Section: Resultsmentioning

confidence: 99%

Monetary History and Money Types in Digital Economy

Krasota¹,

Баженов²,

Міронова³

et al. 2019

Proceedings of the Internation Conference on "Humanities and Social Sciences: Novations, Problems, Prospects" (HSSNPP 2019)

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The history of monetary supply in a digital economy is a matter of concern in the paper. In fact, the dynamics of all economy fields provoke monetization and development of new types of money. Furthermore, the opposite interdependent process is also possible, i.e. the diversity of money contributes to the advancing of economy development and society in general. The article dwells upon the development and current situation in introducing electronic money and electronic funds transfer systems in Russia. The authors review the main stages of monetization, its development and current affairs in the context of economic globalization and digital technology development. It proves the necessity to maintain total financial supervision on the part of the government in the society, since electronic money ramps up payment disintermediation that is facilitated by means of information technology at present-day time. The authors point out the facts mentioned above to be the introduction of unique monetary phenomena in modern economy that are worth to be scientifically-based.

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“…ICT adoption, the financial system, and the institutions have to be improved in order to increase national competitiveness. Significant investments into to the ICT sector and the application of ICT in other sectors is crucial for economic growth (Domazet et al, 2018).…”

Section: Competitiveness Ict and The Importance Of Standardizationmentioning

confidence: 99%

Agriculture 4.0 and improving competitiveness of the domestic agro-food sector

Bešić

Bakator

Đorđević

et al. 2021

Ekonomika poljoprivrede

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The domestic agro-food sector has an important role in economic development and in overall GDP growth. The concept of Agriculture 4.0 that integrates the use of information-communication technologies presents a direction in which the domestic agriculture sector should focus. Additionally, besides conducting business within the frameworks of Agriculture 4.0, the standardization of processes in the agro-food sector can also contribute to achieving competitiveness on the globalized market. In this paper the importance and number of ISO standards are investigated. In addition, factors and indicators that characterize Agriculture 4.0 are analysed. Based on the collected and analysed data, a unified competitiveness factor (UCF) is calculated for the period from 2017 to 2020. The UCF provides and overview on the potential competitiveness of the domestic agro-food sector. The paper contributes to the existing body of literature as it managed to provide a strong basis for future research in this domain.

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Driving factors of Serbian competitiveness: Digital economy and ICT

Cited by 42 publications

References 12 publications

Developing Digital Economy and Society in the Light of the Issue of Digital Convergence of the Markets in the European Union Countries

Developing Digital Economy and Society in the Light of the Issue of Digital Convergence of the Markets in the European Union Countries

Monetary History and Money Types in Digital Economy

Agriculture 4.0 and improving competitiveness of the domestic agro-food sector

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