Digital Towns 2022
DOI: 10.1007/978-3-030-91247-5_4
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The Digital Economy and Digital Business

Abstract: It is well-established that the use of digital technologies can generate clear advantages for enterprises including cost savings, operational efficiency, IT resilience and scalability, easier access to new markets, and market effectiveness, amongst others. However, the adoption and use of digital technologies by rural businesses typically lags urban enterprises. This chapter introduces and defines the concept of the digital economy and digital business. It discusses the main benefits and challenges in the adop… Show more

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Cited by 8 publications
(8 citation statements)
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“…Digital transformation is one of the most important issues that organizations are facing today (Nadkarni & Prügl, 2021;Rha & Lee, 2022). Today's economy is more digital than ever, and organizations are taking on a new meaning (Litvinenko, 2020;Lynn, et al 2022). Digital technology helps many organizations solve their issues of cyber security and operational risk management.…”
Section: Introductionmentioning
confidence: 99%
“…Digital transformation is one of the most important issues that organizations are facing today (Nadkarni & Prügl, 2021;Rha & Lee, 2022). Today's economy is more digital than ever, and organizations are taking on a new meaning (Litvinenko, 2020;Lynn, et al 2022). Digital technology helps many organizations solve their issues of cyber security and operational risk management.…”
Section: Introductionmentioning
confidence: 99%
“…The use of smartphones as a device to access the internet and transfer data is a commodity that has a high competitive value (Lynn et al, 2022). This is due to smartphones having more users than computers.…”
Section: Introductionmentioning
confidence: 99%
“…This rapid development has lead to the cooperation and acquisition of several digital platform companies. The use of e-commerce as one of the market leaders and drivers of economic growth in Indonesia has led to the implementation of payment systems in its digital platforms (Lynn et al, 2022). The many payment systems that are integrated with marketplaces have encouraged digital platform company owners to form cooperations as well as create their payment systems (Putri & Zakaria, 2020).…”
Section: Introductionmentioning
confidence: 99%
“…The problems of business informatization are considered from three perspectives: technocratic, informational and social, and their synergistic interaction is indicated, which is also taken into account in our work [2]. Lynn, et al [3] study the differ ence in the pace of IT for urban and rural areas, which, in their opinion, is the main reason for the social gap between them. This is also considered in the presented study.…”
mentioning
confidence: 99%
“…Цифрові технології та їх вплив на економічну й соціальну сфери в Україні Г. В. Сілакова *1 , О. М. Соломка 2 , І. С. Біла 3…”
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