A theory of digital technology advancement to address the grand challenges of sustainable development

Elena G. Popkova, Paola De Bernardi, Yuliya G. Tyurina and Bruno S. Sergi

Technology in Society, 2022, vol. 68, issue C

Abstract: Scholarly research has not yet discussed the totality of the 17 sustainable development goals (SDGs) as part of a broader picture of sustainable development. This paper provides a unique analysis of the linkages between institutions, SDGs and digital technologies to establish their exact interdependencies. Factor analysis of the grand challenges of sustainable development has shown only SDG3 and SDG17 might progress through institutions’ development in developed countries, while only SDG16 in developing countries. In developed countries, the institutions of human development, globalisation and innovations influence SDG3, and SDG17, which depend on digitised knowledge and the application of digital technologies. Human development and economic freedom, which rely on digital infrastructure and technologies, impacted SDG16 in developing countries. The digital knowledge index and the digital technologies index in developed countries enhance management efficiency, having a maximum impact on SDG3 and SDG17. The findings of this paper contribute to social and economic policy implications on digital technology development for addressing grand challenges.

Keywords: Developed countries; Developing countries; Digital technologies; Economic development policy; Grand challenges; Sustainable growth (search for similar items in EconPapers)
JEL-codes: F63 O31 O32 O38 Q01 Q32 Q56 (search for similar items in EconPapers)
Date: 2022
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (23)

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Persistent link: https://EconPapers.repec.org/RePEc:eee:teinso:v:68:y:2022:i:c:s0160791x21003067

DOI: 10.1016/j.techsoc.2021.101831

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