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The New Era of Business Digitization through the Implementation of 5G Technology in Romania

Author

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  • Constantin Aurelian Ionescu

    (Faculty of Economics, Hyperion University Bucharest, 030615 Bucharest, Romania
    Academy of Romanian Scientists, 050094 Bucharest, Romania)

  • Melinda Timea Fülöp

    (Faculty of Economics and Business Administration, Babeş-Bolyai University, 400591 Cluj-Napoca, Romania)

  • Dan Ioan Topor

    (Faculty of Economic Science, 1 Decembrie 1918 University, 510009 Alba Iulia, Romania)

  • Sorinel Căpușneanu

    (Faculty of Economic Science, 1 Decembrie 1918 University, 510009 Alba Iulia, Romania)

  • Teodora Odett Breaz

    (Faculty of Economic Science, 1 Decembrie 1918 University, 510009 Alba Iulia, Romania
    Faculty of Engineering, Lucian Blaga University Sibiu, 550024 Sibiu, Romania)

  • Sorina Geanina Stănescu

    (Academy of Romanian Scientists, 050094 Bucharest, Romania
    Institut of Multidisciplinary Research for Science and Tehnology, Valahia University of Targoviște, 130004 Targoviste, Romania)

  • Mihaela Denisa Coman

    (Institut of Multidisciplinary Research for Science and Tehnology, Valahia University of Targoviște, 130004 Targoviste, Romania)

Abstract

The main objective of the present research is to identify the advantages and benefits that the use and implementation of 5G technology has on the development and evolution of the Romanian business environment. The study is based on a theoretical documentation regarding existing information in the field and a descriptive analysis of the evolution of the technology in Romania and worldwide. The research method chosen is a survey based on an opinion poll (questionnaire) to find out the availability of economic entities regarding the implementation of 5G technologies, the foreseen expectations and those realized by the business environment regarding the effects of 5G technologies on the economic activities and the benefits that 5G networks offer them. The analysis of the results of the questionnaire, through the correlations and contingency tables determined, allowed the validation of the research hypotheses, and the results show availability and interest for the implementation of 5G technology (over 69% agree with the 5G implementation over a period of up to 5 years), conditioned by the costs, the high degree of cyber security, and the competitive advantages it can generate. Competition, low productivity, and even external pressures are the main decisive factors in the implementation of 5G. Thus, it can be considered useful to extend the research by identifying possible viable solutions or alternatives, customized for the implementation of 5G technologies for economic entities from different sectors, as well as the analysis of the implementation costs and the potential economic benefits.

Suggested Citation

  • Constantin Aurelian Ionescu & Melinda Timea Fülöp & Dan Ioan Topor & Sorinel Căpușneanu & Teodora Odett Breaz & Sorina Geanina Stănescu & Mihaela Denisa Coman, 2021. "The New Era of Business Digitization through the Implementation of 5G Technology in Romania," Sustainability, MDPI, vol. 13(23), pages 1-23, December.
    • Handle: RePEc:gam:jsusta:v:13:y:2021:i:23:p:13401-:d:694393
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    References listed on IDEAS

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    2. Melinda Timea Fülöp & József Udvaros & Ákos Gubán & Ágnes Sándor, 2022. "Development of Computational Thinking Using Microcontrollers Integrated into OOP (Object-Oriented Programming)," Sustainability, MDPI, vol. 14(12), pages 1-16, June.
    3. Cristi Spulbar & Lucian Claudiu Anghel & Ramona Birau & Simona Ioana Ermiș & Laurențiu-Mihai Treapăt & Adrian T. Mitroi, 2022. "Digitalization as a Factor in Reducing Poverty and Its Implications in the Context of the COVID-19 Pandemic," Sustainability, MDPI, vol. 14(17), pages 1-26, August.
    4. Codruța Cornelia Dura & Ana Maria Mihaela Iordache & Alexandru Ionescu & Claudia Isac & Teodora Odett Breaz, 2022. "Analyzing Performance in Wholesale Trade Romanian SMEs: Framing Circular Economy Business Scenarios," Sustainability, MDPI, vol. 14(9), pages 1-34, May.
    5. Tanasescu Irina Antoaneta, 2023. "Contradictions In Relation To Digitalization Of The Economic Environment And Training Specialty Staff," Annals - Economy Series, Constantin Brancusi University, Faculty of Economics, vol. 6, pages 112-120, December.
    6. Wei Tang & Shuili Yang, 2023. "Enterprise Digital Management Efficiency under Cloud Computing and Big Data," Sustainability, MDPI, vol. 15(17), pages 1-17, August.
    7. Luisanna Cocco & Roberto Tonelli & Michele Marchesi, 2022. "A System Proposal for Information Management in Building Sector Based on BIM, SSI, IoT and Blockchain," Future Internet, MDPI, vol. 14(5), pages 1-20, April.
    8. Sarah Katharina Kraft & Florian Kellner, 2022. "Can Blockchain Be a Basis to Ensure Transparency in an Agricultural Supply Chain?," Sustainability, MDPI, vol. 14(13), pages 1-17, July.

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