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The Essence of the Digitalization Process as a New Global Informatization Stage

Author

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  • Mykhailo Orekhov

    (Kyiv National Economic University)

Abstract

The article describes the essence of the term "digitalization" and shows the nature of this process. The impact on people's lives and globalization itself have been determined as a result of the conducted study. Particular attention has been drawn to digital transformation, its use in the business context and its impact on such organizations as government, government agencies and other institutions involved in addressing social and global issues such as pollution and aging, using one or more existing and new technologies

Suggested Citation

  • Mykhailo Orekhov, 2020. "The Essence of the Digitalization Process as a New Global Informatization Stage," Business Management, D. A. Tsenov Academy of Economics, Svishtov, Bulgaria, issue 1 Year 20, pages 68-85.
    • Handle: RePEc:dat:bmngmt:y:2020:i:1:p:68-85
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    File URL: http://hdl.handle.net/10610/4237
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    Cited by:

    1. Plamen Milev & Yavor Tabov, 2022. "Conceptual Approach For Presenting Text Data From Web-Based Information Systems In Structured Form," Business Management, D. A. Tsenov Academy of Economics, Svishtov, Bulgaria, issue 1 Year 20, pages 46-57.

    More about this item

    Keywords

    Digitization; Digital Transformation; Digitalization; Digital Innovation; ICT; Digital Business Transformation;
    All these keywords.

    JEL classification:

    • F60 - International Economics - - Economic Impacts of Globalization - - - General
    • O31 - Economic Development, Innovation, Technological Change, and Growth - - Innovation; Research and Development; Technological Change; Intellectual Property Rights - - - Innovation and Invention: Processes and Incentives

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