DIGITAL ECONOMY – A PREMISE FOR ECONOMIC DEVELOPMENT IN THE 20TH CENTURY

Viorica Turcan (), Alexandru Gribincea and Iulita Birca
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Viorica Turcan: Master in economics, ULIM
Alexandru Gribincea: PhD, Professor, ULIM
Iulita Birca: Junior Scientific Researcher, INCE

Economy and Sociology, 2014, issue 2, 109-115

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.

Keywords: digital economy; economic development; e-commerce; e-business; e-commerce; e-banking; demand; supply; consumer; electronic businesses. (search for similar items in EconPapers)
Date: 2014
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Persistent link: https://EconPapers.repec.org/RePEc:aat:journl:137

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