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Regulative Frameowork of Digital Transition in The European Union And Adaptation of Bulgaria

Author

Listed:
  • Julia Stefanova

    (Economic Research Institute at the Bulgarian Academy of Sciences, Bulgaria)

Abstract

The purpose of the paper is to analyze the new regulative framework in the European Union supporting the implementation of the Digital Single Market and encouraging innovations in the digital economy. The EU Digital Single Market initiative aims at boosting competitiveness by elimination of restrictions to businesses, lowering operating costs and deepening their links to the global world. The digital transition is associated with positive impacts as well as the challenges in the efforts to implement the new regulatory mechanisms. Lastly, the analysis focuses on the adaptation of Bulgaria to digital transition in the EU and specifically on the institutional challenges to the technological and digital economy in the new global realities.

Suggested Citation

  • Julia Stefanova, 2022. "Regulative Frameowork of Digital Transition in The European Union And Adaptation of Bulgaria," Scientific Conference of the Department of General Economic Theory, University of Economics - Varna, issue 1, pages 162-169.
    • Handle: RePEc:vrn:oitcon:y:2022:i:1:p:162-169
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    More about this item

    Keywords

    Digitalization; Digital economy; Sustainable development;
    All these keywords.

    JEL classification:

    • O33 - Economic Development, Innovation, Technological Change, and Growth - - Innovation; Research and Development; Technological Change; Intellectual Property Rights - - - Technological Change: Choices and Consequences; Diffusion Processes
    • L5 - Industrial Organization - - Regulation and Industrial Policy
    • Q01 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - General - - - Sustainable Development

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