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Digitalization intensity of the Romanian bioeconomy

Author

Listed:
  • 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)

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.

Suggested Citation

  • Giani Ionel GRÄ‚DINARU & Bogdan Florin MATEI, 2021. "Digitalization intensity of the Romanian bioeconomy," Romanian Journal of Economics, Institute of National Economy, vol. 53(2(62)), pages 40-55, December.
    • Handle: RePEc:ine:journl:v:53:y:2021:i:62:p:40-55
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    More about this item

    Keywords

    digitalization; bioeconomy; agriculture; taxonomy;
    All these keywords.

    JEL classification:

    • O11 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development - - - Macroeconomic Analyses of Economic Development
    • O13 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development - - - Agriculture; Natural Resources; Environment; Other Primary Products
    • Q16 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Agriculture - - - R&D; Agricultural Technology; Biofuels; Agricultural Extension Services
    • Q22 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Renewable Resources and Conservation - - - Fishery
    • Q23 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Renewable Resources and Conservation - - - Forestry
    • Q25 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Renewable Resources and Conservation - - - Water

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