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Economic Development And Digitalization: Goals And Implementation

Author

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  • Rossitsa Chobanova

    (Economic research Institute –Bulgarian Academy of sciences, Sofia)

Abstract

The contemporary acceleration of the processes of creation and application of new knowledge, especially of information and communication technologies has affected not only one sector. It has become a new phenomenon of economic development defined as digitalization of economy and society, increasingly acquiring the characteristics of Schumpeter-Kondratieff innovation wave. In these circumstances, increasing the intensity of research and innovation is vital for the development of any economy. Given the importance of this problem, we set out here to determine the success rate of public policy for ensuring high R&D intensity of economic development and to draw conclusions about the change of paradigm for economic development.

Suggested Citation

  • Rossitsa Chobanova, 2020. "Economic Development And Digitalization: Goals And Implementation," Economic Science, education and the real economy: Development and interactions in the digital age, Publishing house Science and Economics Varna, issue 1, pages 71-80.
    • Handle: RePEc:vrn:cfdide:y:2020:i:1:p:71-80
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    More about this item

    Keywords

    economic development; paradigm; digitalization;
    All these keywords.

    JEL classification:

    • O30 - Economic Development, Innovation, Technological Change, and Growth - - Innovation; Research and Development; Technological Change; Intellectual Property Rights - - - General
    • O38 - Economic Development, Innovation, Technological Change, and Growth - - Innovation; Research and Development; Technological Change; Intellectual Property Rights - - - Government Policy
    • O52 - Economic Development, Innovation, Technological Change, and Growth - - Economywide Country Studies - - - Europe

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