Digital economy in Europe: Evaluation of countries’ performances

The accelerated expansion of the Internet as a communication tool, the mobile internet, and the social networks and commercial platforms, commonly observed as digitalisation, have greatly affected the functioning of the economy and with it also businesses, public institutions, and individuals. Th...

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Main Authors: Nela Milošević, Marina Dobrota, Slađana Barjaktarović Rakočević
Format: Article
Language:deu
Published: Faculty of Economics University of Rijeka 2018-12-01
Series:Zbornik radova Ekonomskog fakulteta u Rijeci : časopis za ekonomsku teoriju i praksu
Subjects:
Online Access:https://www.efri.uniri.hr/upload/11-Milosevic-Dobrota-Barjaktarovic-2018-2.pdf
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author Nela Milošević
Marina Dobrota
Slađana Barjaktarović Rakočević
author_facet Nela Milošević
Marina Dobrota
Slađana Barjaktarović Rakočević
author_sort Nela Milošević
collection DOAJ
description The accelerated expansion of the Internet as a communication tool, the mobile internet, and the social networks and commercial platforms, commonly observed as digitalisation, have greatly affected the functioning of the economy and with it also businesses, public institutions, and individuals. The state of the digitalisation of business and industry varies between the European Union (EU) countries and regions. Each economy struggles to keep up with digitalisation in order to keep their productivity and achievement on a high level. Using the Composite I-distance Indicator (CIDI) methodology, we have created a multivariate indicator that can serve as a measurement of digital economy performances. Furthermore, we evaluate and rank 28 countries in EU (EU-28), based on their digital performances. We made an in-depth comparative analysis of countries in Europe, providing information about each economy with information on where they currently stand in terms of digital economy and what steps they need to undertake to improve and boost up their position in the domain of digitalisation.
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spelling doaj.art-df69c5155e68483dbde9e231b82086572022-12-22T03:44:24ZdeuFaculty of Economics University of RijekaZbornik radova Ekonomskog fakulteta u Rijeci : časopis za ekonomsku teoriju i praksu1331-80041846-75202018-12-0136286188010.18045/zbefri.2018.2.861Digital economy in Europe: Evaluation of countries’ performancesNela Milošević0Marina Dobrota1Slađana Barjaktarović Rakočević2University of Belgrade, Faculty of Organizational SciencesUniversity of Belgrade, Faculty of Organizational SciencesUniversity of Belgrade, Faculty of Organizational SciencesThe accelerated expansion of the Internet as a communication tool, the mobile internet, and the social networks and commercial platforms, commonly observed as digitalisation, have greatly affected the functioning of the economy and with it also businesses, public institutions, and individuals. The state of the digitalisation of business and industry varies between the European Union (EU) countries and regions. Each economy struggles to keep up with digitalisation in order to keep their productivity and achievement on a high level. Using the Composite I-distance Indicator (CIDI) methodology, we have created a multivariate indicator that can serve as a measurement of digital economy performances. Furthermore, we evaluate and rank 28 countries in EU (EU-28), based on their digital performances. We made an in-depth comparative analysis of countries in Europe, providing information about each economy with information on where they currently stand in terms of digital economy and what steps they need to undertake to improve and boost up their position in the domain of digitalisation.https://www.efri.uniri.hr/upload/11-Milosevic-Dobrota-Barjaktarovic-2018-2.pdfdigital economyrankingCIDIevaluation of countriesEU countries
spellingShingle Nela Milošević
Marina Dobrota
Slađana Barjaktarović Rakočević
Digital economy in Europe: Evaluation of countries’ performances
Zbornik radova Ekonomskog fakulteta u Rijeci : časopis za ekonomsku teoriju i praksu
digital economy
ranking
CIDI
evaluation of countries
EU countries
title Digital economy in Europe: Evaluation of countries’ performances
title_full Digital economy in Europe: Evaluation of countries’ performances
title_fullStr Digital economy in Europe: Evaluation of countries’ performances
title_full_unstemmed Digital economy in Europe: Evaluation of countries’ performances
title_short Digital economy in Europe: Evaluation of countries’ performances
title_sort digital economy in europe evaluation of countries performances
topic digital economy
ranking
CIDI
evaluation of countries
EU countries
url https://www.efri.uniri.hr/upload/11-Milosevic-Dobrota-Barjaktarovic-2018-2.pdf
work_keys_str_mv AT nelamilosevic digitaleconomyineuropeevaluationofcountriesperformances
AT marinadobrota digitaleconomyineuropeevaluationofcountriesperformances
AT slađanabarjaktarovicrakocevic digitaleconomyineuropeevaluationofcountriesperformances