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Babucea Ana-Gabriela
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Annals - Economy Series, 2018, vol. SPECIAL, 42-51

Abstract: Globalization, the Internet, mobile telephony and the new Information and Communication Technologies (ITCs), which are in continuous process of developing, have enabled individuals, organizations and governments around the world to communicate and interact with each other through a global network. The continuous increase in the number of users increases the value and benefits of this digital integration and create new opportunities for organizations and individuals through the free circulation of information in the fields of economic and social activities, and political, too. However, regardless of the advantages, benefits, and opportunities offered, digital integration depends directly by the availability of network access, the level of training of the ICTs workforce, and the labor market opportunities for those with such abilities and knowledge. It is a fact that a lot of enterprises reduced their costs and increased their profit because many activities are partially made by the company’s clients, by themselves. The companies’partners and customersare in a continuouslychanging inthis new business ecosystem, a digital one,where the customers are put at thecenter of the business. For exit from the industrial age and adapted their self to the new digital era, the enterprises have to use the opportunities of the digital economy by a processof digital transforming which need to see and use the information as a business basic resource with digital business networks and processes automation. Based on EUROSTAT data specific indicators of the digital economy, the paper aims to analyze comparatively the extent to which the business environment in Romania and other EU states develop and implement initiatives in ICT, digitally transforms business processes and labor for competitiveness into the digital economy.

Keywords: Digital economy; enterprises; connectivity; e-business; Romania; UE 28 (search for similar items in EconPapers)
Date: 2018
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Handle: RePEc:cbu:jrnlec:y:2018:v:special:p:42-51