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Digitalization intensity of the Romanian bioeconomy

Giani Ionel Grä‚dinaru and Bogdan Florin Matei
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Giani Ionel Grä‚dinaru: Department of Statistics and Econometrics, The Bucharest University of Economic Studies, Institute of National Economy – Romanian Academy
Bogdan Florin Matei: The Bucharest University of Economic Studies

Romanian Journal of Economics, 2021, vol. 53, issue 2(62), 40-55

Abstract: The technological transformation has recently reached new heights and has challenged all industrial sectors to adapt in different ways. Our research focuses on determining the intensity of digitalization of the Romanian bioeconomy, as the main branch of the economy and intensely promoted due to its linkage to sustainable development. The indicators considered to determine the degree of intensity of the digital transformation reflect three key components in streamlining the way an organization works: equipment, resource planning, and data management. The results have highlighted the importance and the need for urgent investments in most sectors for better resource planning and efficient data processes.

Keywords: digitalization; bioeconomy; agriculture; taxonomy (search for similar items in EconPapers)
JEL-codes: O11 O13 Q16 Q22 Q23 Q25 (search for similar items in EconPapers)
Date: 2021
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Handle: RePEc:ine:journl:v:53:y:2021:i:62:p:40-55