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Sustainable Development: A Connection between Technology, Economy, and Society

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  • Preminger, Ambrose

Abstract

In countries around the world, it is becoming more and more apparent that sustainable growth models are inextricably linked to the use of digital technology. This is in order to achieve sustainable growth. A new impetus for sustainability is provided by the digital economy, and there can be no doubt about this. Keeping in mind that the Sustainable Development Goals of the United Nations have been announced in 2020, sustainable development is believed to be a fundamental goal of the world within the next few decades, and it is expected to be achieved by 2030. The Sustainable Development Goals (SDGs) that have been established for the European Union (EU) to achieve have been determined as a result of the adoption of Sustainable Development Goals (SDGs) and their progress, which has long been measured through the Sustainable Development Goals Index (SDGI), have been adopted by the Council of the European Union. Sustainable development, as well as the digital economy, have become a priority of governments around the world, and there is no doubt that it is one of the biggest challenges we face today. Companies that have strong financial stability have access to more resources, which can then be used to invest in research and development, which can lead to a more sustainable economy. It also allows them to manage the risks associated with economic downturns and other events that can lead to a decrease in economic activity. Additionally, companies with financial stability can better manage their cash flow, which is essential for any business that wants to remain competitive.

Suggested Citation

  • Preminger, Ambrose, 2021. "Sustainable Development: A Connection between Technology, Economy, and Society," MPRA Paper 116385, University Library of Munich, Germany.
    • Handle: RePEc:pra:mprapa:116385
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    File URL: https://mpra.ub.uni-muenchen.de/116385/1/MPRA_paper_116385.pdf
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    References listed on IDEAS

    as
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    Full references (including those not matched with items on IDEAS)

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    More about this item

    Keywords

    Sustainable Development; Sustainable Economy; Technology; Economy and society; spillover; entrepreneur;
    All these keywords.

    JEL classification:

    • A1 - General Economics and Teaching - - General Economics
    • O1 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development
    • O3 - Economic Development, Innovation, Technological Change, and Growth - - Innovation; Research and Development; Technological Change; Intellectual Property Rights
    • O35 - Economic Development, Innovation, Technological Change, and Growth - - Innovation; Research and Development; Technological Change; Intellectual Property Rights - - - Social Innovation
    • Q0 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - General
    • Q01 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - General - - - Sustainable Development

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