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Economic Significance of AI and Digitalization in the EU

Author

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  • Paolina Krushkina

    (University of National and World Economy, Sofia, Bulgaria)

Abstract

The article explores the economic significance of artificial intelligence (AI) and digitalization in the European Union (EU), focusing on their impact on productivity, competitiveness, and sustainability. In this context, certain challenges and opportunities associated with the implementation of AI and digital technologies are also identified. The main findings indicate that AI and digital technologies are crucial drivers of labor productivity growth. However, uneven infrastructure and a lack of skills may hinder the realization of their positive effects.

Suggested Citation

  • Paolina Krushkina, 2025. "Economic Significance of AI and Digitalization in the EU," Nauchni trudove, University of National and World Economy, Sofia, Bulgaria, issue 3, pages 97-108, September.
    • Handle: RePEc:nwe:natrud:y:2025:i:3:p:97-108
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    File URL: https://unwe-research-papers.org/bg/journalissues/article/11719
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    Keywords

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    JEL classification:

    • O31 - Economic Development, Innovation, Technological Change, and Growth - - Innovation; Research and Development; Technological Change; Intellectual Property Rights - - - Innovation and Invention: Processes and Incentives
    • O33 - Economic Development, Innovation, Technological Change, and Growth - - Innovation; Research and Development; Technological Change; Intellectual Property Rights - - - Technological Change: Choices and Consequences; Diffusion Processes

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