Driving factors of Serbian competitiveness: Digital economy and ICT

One of the major challenges for policymakers in Serbia is to improve the competitiveness of the Serbian economy. Universally applicable solution to this problem does not exist, but there are certain segments which can be a significant driver of improving the effectiveness and productivity of the eco...

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Main Authors: Domazet Ivana, Zubović Jovan, Lazić Milena
Format: Article
Language:English
Published: University of Novi Sad - Faculty of Economics, Subotica 2018-01-01
Series:Strategic Management
Subjects:
Online Access:https://scindeks-clanci.ceon.rs/data/pdf/1821-3448/2018/1821-34481801020D.pdf
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author Domazet Ivana
Zubović Jovan
Lazić Milena
author_facet Domazet Ivana
Zubović Jovan
Lazić Milena
author_sort Domazet Ivana
collection DOAJ
description One of the major challenges for policymakers in Serbia is to improve the competitiveness of the Serbian economy. Universally applicable solution to this problem does not exist, but there are certain segments which can be a significant driver of improving the effectiveness and productivity of the economy by implementing diverse possibilities offered by the digital economy. A critical factor in the development of digital economy is the sector of information and communication technology (ICT), which has the potential to extremely improve the competitiveness of Serbia and start production towards modern business processes, but also contribute to a notable synergistic effect in terms of the competitiveness of micro-enterprises. Accordingly, the aim of this paper is to highlight the importance of information and communication technologies (ICT) as a factor for competitiveness and development of the digital economy, to analyze the application of ICT in the economy of Serbia, to highlight the benefits of development and acceptance of new solutions in the field of ICT, to create recommendations that would contribute to improving the business environment in the ICT field, and consequently of the digital economy as a whole.
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spelling doaj.art-7da8a05d82714ceeb183d6997eb9cede2022-12-22T00:22:10ZengUniversity of Novi Sad - Faculty of Economics, SuboticaStrategic Management1821-34482334-61912018-01-0123120281821-34481801020DDriving factors of Serbian competitiveness: Digital economy and ICTDomazet Ivana0https://orcid.org/0000-0002-3493-4616Zubović Jovan1https://orcid.org/0000-0002-1717-2066Lazić Milena2Institute of Economic Sciences, BelgradeInstitute of Economic Sciences, BelgradeBelgrade Banking Academy, BelgradeOne of the major challenges for policymakers in Serbia is to improve the competitiveness of the Serbian economy. Universally applicable solution to this problem does not exist, but there are certain segments which can be a significant driver of improving the effectiveness and productivity of the economy by implementing diverse possibilities offered by the digital economy. A critical factor in the development of digital economy is the sector of information and communication technology (ICT), which has the potential to extremely improve the competitiveness of Serbia and start production towards modern business processes, but also contribute to a notable synergistic effect in terms of the competitiveness of micro-enterprises. Accordingly, the aim of this paper is to highlight the importance of information and communication technologies (ICT) as a factor for competitiveness and development of the digital economy, to analyze the application of ICT in the economy of Serbia, to highlight the benefits of development and acceptance of new solutions in the field of ICT, to create recommendations that would contribute to improving the business environment in the ICT field, and consequently of the digital economy as a whole.https://scindeks-clanci.ceon.rs/data/pdf/1821-3448/2018/1821-34481801020D.pdfdigital economycompetitivenessinformation and communication technologies (ict)business environmentdevelopment
spellingShingle Domazet Ivana
Zubović Jovan
Lazić Milena
Driving factors of Serbian competitiveness: Digital economy and ICT
Strategic Management
digital economy
competitiveness
information and communication technologies (ict)
business environment
development
title Driving factors of Serbian competitiveness: Digital economy and ICT
title_full Driving factors of Serbian competitiveness: Digital economy and ICT
title_fullStr Driving factors of Serbian competitiveness: Digital economy and ICT
title_full_unstemmed Driving factors of Serbian competitiveness: Digital economy and ICT
title_short Driving factors of Serbian competitiveness: Digital economy and ICT
title_sort driving factors of serbian competitiveness digital economy and ict
topic digital economy
competitiveness
information and communication technologies (ict)
business environment
development
url https://scindeks-clanci.ceon.rs/data/pdf/1821-3448/2018/1821-34481801020D.pdf
work_keys_str_mv AT domazetivana drivingfactorsofserbiancompetitivenessdigitaleconomyandict
AT zubovicjovan drivingfactorsofserbiancompetitivenessdigitaleconomyandict
AT lazicmilena drivingfactorsofserbiancompetitivenessdigitaleconomyandict