Use of mobile technologies by business companies in the context of digitalization of the Latvian economy

Olga Lavrinenko (), Alina Danileviča (), Ilona Jermalonoka (), Alina Betlej (), Oksana Ruža () and Marija Sprūde ()
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Olga Lavrinenko: Daugavpils University, Latvia
Alina Danileviča: Daugavpils University, Latvia
Ilona Jermalonoka: Daugavpils University, Latvia
Alina Betlej: John Paul II Catholic University of Lublin, Poland
Oksana Ruža: Daugavpils University, Latvia
Marija Sprūde: Daugavpils University, Latvia

Entrepreneurship and Sustainability Issues, 2024, vol. 11, issue 4, 339-351

Abstract: The article aims to identify the factors contributing to the development of mobile technologies among Latvian entrepreneurs. The limited spread of mobile technologies can lead to issues in Latvia's economy, like limited access to digital services and resources, a decline in competitiveness between enterprises, limitations in the case of innovation, and unavailability of economic growth. Suppose the use of mobile technologies stays limited in certain areas or between certain groups of people. In that case, it can lead to unequal conditions for information, education, work opportunities and new businesses. With mobile technologies, Latvia can achieve a digital transformation in economics, leading to an advantage in digital economics compared to other countries. With the use of analyzed data from the questionnaire that was given to Latvian entrepreneurs, as well as the analysis of literature sources, the authors emphasize the importance of informative and technological development, IT specialist qualifications and digital literacy for the development of the digital economy, as it can be seen that high digital literacy and availability of IT infrastructure can stimulate economic growth, although, the deficit of qualification can become a big obstacle. The drawn conclusions emphasize the importance of work in terms of information about the advantages of digital technologies among small and average entrepreneurs. Further research can be focused on rating the effectiveness of specific programmes about digital literacy and the availability of IT infrastructure in the context of the Latvian economy.

Keywords: factors affecting the use of mobile technologies; business companies; SMEs; entrepreneurship; digitalization; Latvia (search for similar items in EconPapers)
JEL-codes: M10 M15 M21 O32 O33 O52 (search for similar items in EconPapers)
Date: 2024
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Persistent link: https://EconPapers.repec.org/RePEc:ssi:jouesi:v:11:y:2024:i:4:p:339-351

DOI: 10.9770/jesi.2024.11.4(21)

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