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Digital Economy – A Premise For Economic Development In The 20th Century

Author

Listed:
  • Viorica TURCAN

    (Master in economics, ULIM)

  • Alexandru GRIBINCEA

    (PhD, Professor, ULIM)

  • Iulita BIRCA

    (Junior Scientific Researcher, INCE)

Abstract

The concept of digital economy called "new economy" involves particularly modern transformation of economic activities, which is a consequence of the use of digital technologies. These in turn provide access, processing and storage of information in a way cheaper and easier. The emergence of a new economy is explained by the enhanced promotion of new products and services, the increasing importance of innovation as a phenomenon and means of economic activity and the influence of globalization process. Enormous volume of information is changing the way markets function, making possible corporate restructuring and the emergence of new opportunities for the creation and operation information of different nature.

Suggested Citation

  • Viorica TURCAN & Alexandru GRIBINCEA & Iulita BIRCA, 2014. "Digital Economy – A Premise For Economic Development In The 20th Century," Economy and Sociology, The Journal Economy and Sociology, issue 2, pages 109-115.
    • Handle: RePEc:aat:journl:137
    as

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