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New Growth Opportunities Through Digitalization Amid The Covid-19 Pandemic

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Listed:
  • Nailya G. Bagautdinova
  • Tina M. Vachitova
  • Liliya F. Zulfakarova
  • Ekaterina I. Kadochnikova

Abstract

The purpose of the article is to review the results of digitalization during the pandemic. Based on the analysis of statistical information, the authors note that the pandemic has changed the structure of costs for the digital economy, increased access to the Internet, caused the new platform business models development, and strengthened the "contactless" economy. Based on growth theories, the authors identify the main prerequisites for economic transformation and new growth opportunities due to the advantages of digital resources, increased knowledge, innovation and expansion of human capital.

Suggested Citation

  • Nailya G. Bagautdinova & Tina M. Vachitova & Liliya F. Zulfakarova & Ekaterina I. Kadochnikova, 2022. "New Growth Opportunities Through Digitalization Amid The Covid-19 Pandemic," Economy & Business Journal, International Scientific Publications, Bulgaria, vol. 16(1), pages 285-292.
    • Handle: RePEc:isp:journl:v:16:y:2022:i:1:p:285-292
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    References listed on IDEAS

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    1. K. J. Arrow, 1971. "The Economic Implications of Learning by Doing," Palgrave Macmillan Books, in: F. H. Hahn (ed.), Readings in the Theory of Growth, chapter 11, pages 131-149, Palgrave Macmillan.
    2. Lucas, Robert Jr., 1988. "On the mechanics of economic development," Journal of Monetary Economics, Elsevier, vol. 22(1), pages 3-42, July.
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    More about this item

    Keywords

    digitalization; covid-19 pandemic; economic growth; knowledge capital; human capital;
    All these keywords.

    JEL classification:

    • A - General Economics and Teaching

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