IDEAS home Printed from https://ideas.repec.org/a/vrs/poicbe/v13y2019i1p479-491n42.html
   My bibliography  Save this article

The Impact of Digitalization on Business Sector Development in the Knowledge Economy

Author

Listed:
  • Neamţu Daniela Mihaela

    (“Ştefan cel Mare” University, Suceava, Romania)

  • Hapenciuc Cristian-Valentin

    (“Ştefan cel Mare” University, Suceava, Romania)

  • Bejinaru Ruxandra

    (“Ştefan cel Mare” University, Suceava, Romania)

Abstract

The economic progress of the last century has made the world seem smaller, has shortened distances and provided an increase in the efficiency with which the ‘time’ resource is used. Currently, due to technological advancement, change and diversification of the means of communication, we can get in touch or chat with another person in every corner of the world, no matter how far. Moreover, technology imports raise standards of living and bring improvements to the service sector. The digital revolution is not only present, but it is increasing every day. Knowledge fundamentally transforms every sector of our economy - from health up to transport and energy and beyond. The scope, magnitude and omnipresence of these disruptive innovations are truly unprecedented. The objective of our work is to present the theoretical approaches regarding the information society and its quantification in Romania and in the European context on the basis of specific indicators. By analyzing these indicators, we try to demonstrate the position of our country at world level in terms of ICT. In order to analyze comparatively the situation of ICT and their impact on the business sector, two major indicators for this field were analyzed - the State ICT Development Index (IDI) and the DESI Index.

Suggested Citation

  • Neamţu Daniela Mihaela & Hapenciuc Cristian-Valentin & Bejinaru Ruxandra, 2019. "The Impact of Digitalization on Business Sector Development in the Knowledge Economy," Proceedings of the International Conference on Business Excellence, Sciendo, vol. 13(1), pages 479-491, May.
  • Handle: RePEc:vrs:poicbe:v:13:y:2019:i:1:p:479-491:n:42
    DOI: 10.2478/picbe-2019-0042
    as

    Download full text from publisher

    File URL: https://doi.org/10.2478/picbe-2019-0042
    Download Restriction: no

    File URL: https://libkey.io/10.2478/picbe-2019-0042?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    References listed on IDEAS

    as
    1. Zulean, Marian & Prelipcean, Gabriela, 2013. "Emergency preparedness in Romania: Dynamics, shortcomings and policy proposals," Technological Forecasting and Social Change, Elsevier, vol. 80(9), pages 1714-1724.
    2. Bejinaru Ruxandra, 2017. "Knowledge strategies aiming to improve the intellectual capital of universities," Management & Marketing, Sciendo, vol. 12(3), pages 500-523, September.
    3. Bejinaru Ruxandra & Prelipcean Gabriela, 2017. "Successful strategies to be learnt from world-class universities," Proceedings of the International Conference on Business Excellence, Sciendo, vol. 11(1), pages 350-358, July.
    4. Constantin Bratianu & Ruxandra Bejinaru, 2016. "Evaluation of Knowledge Processes Within the Learning Organization," World Scientific Book Chapters, in: Ovidiu Nicolescu & Lester Lloyd-Reason (ed.), Challenges, Performances and Tendencies in Organisation Management, chapter 14, pages 125-135, World Scientific Publishing Co. Pte. Ltd..
    Full references (including those not matched with items on IDEAS)

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Ruxandra BEJINARU, 2017. "Dynamic Capabilities of Universities in the Knowledge Economy," Management Dynamics in the Knowledge Economy, College of Management, National University of Political Studies and Public Administration, vol. 5(4), pages 577-595, December.
    2. Ruxandra Bejinaru & Cristian Valentin Hapenciuc & Iulian Condratov & Pavel Stanciu, 2018. "The University Role in Developing the Human Capital for a Sustainable Bioeconomy," The AMFITEATRU ECONOMIC journal, Academy of Economic Studies - Bucharest, Romania, vol. 20(49), pages 583-583, August.
    3. Neamţu Daniela Mihaela & Bejinaru Ruxandra & Hapenciuc Cristian Valentin, 2020. "Challenges and opportunities for creative-innovative clusters partnerships," Proceedings of the International Conference on Business Excellence, Sciendo, vol. 14(1), pages 1057-1070, July.
    4. Băeşu Camelia & Bejinaru Ruxandra, 2020. "Knowledge management strategies for leadership in the digital business environment," Proceedings of the International Conference on Business Excellence, Sciendo, vol. 14(1), pages 646-656, July.
    5. Bejinaru Ruxandra, 2018. "Assessing students’ entrepreneurial skills needed in the Knowledge Economy," Management & Marketing, Sciendo, vol. 13(3), pages 1119-1132, September.
    6. repec:aud:audfin:v:20:y:2018:i:49:p:583 is not listed on IDEAS
    7. Ruxandra BEJINARU, 2017. "Universities in the Knowledge Economy," Management Dynamics in the Knowledge Economy, College of Management, National University of Political Studies and Public Administration, vol. 5(2), pages 251-271, June.
    8. Margherita, Alessandro & Elia, Gianluca & Klein, Mark, 2021. "Managing the COVID-19 emergency: A coordination framework to enhance response practices and actions," Technological Forecasting and Social Change, Elsevier, vol. 166(C).
    9. Tünde Zita Kovács & Beáta Bittner & László Huzsvai & András Nábrádi, 2022. "Convergence and the Matthew Effect in the European Union Based on the DESI Index," Mathematics, MDPI, vol. 10(4), pages 1-23, February.
    10. Zhenyang Zhang & Xinyuan Wang & Dongphil Chun, 2021. "The U-Shaped Relationship between Intellectual Capital and Technological Innovation: A Perspective on Enterprise Ownership and the Moderating Effect of CSR," Sustainability, MDPI, vol. 13(22), pages 1-20, November.
    11. Gabriela PRELIPCEAN & Ruxandra BEJINARU, 2016. "Universities as Learning Organizations in the Knowledge Economy," Management Dynamics in the Knowledge Economy, College of Management, National University of Political Studies and Public Administration, vol. 4(4), pages 469-492, December.
    12. Panagiotopoulos, Panos & Barnett, Julie & Bigdeli, Alinaghi Ziaee & Sams, Steven, 2016. "Social media in emergency management: Twitter as a tool for communicating risks to the public," Technological Forecasting and Social Change, Elsevier, vol. 111(C), pages 86-96.
    13. Brătianu Constantin, 2018. "A holistic view of the organizational knowledge dynamics," HOLISTICA – Journal of Business and Public Administration, Sciendo, vol. 9(2), pages 7-22, August.
    14. Monika Meltzer & Lucrina Ștefănescu & Alexandru Ozunu, 2018. "Keep Them Engaged: Romanian County Inspectorates for Emergency Situations’ Facebook Usage for Disaster Risk Communication and Beyond," Sustainability, MDPI, vol. 10(5), pages 1-24, May.
    15. Kathryn Cormican & Chen Meng & Suzana Sampaio & Qiong Wu, 2021. "Towards Sustainable Knowledge Sharing Practices: An Analysis of Organizational Level Enablers," Sustainability, MDPI, vol. 13(23), pages 1-18, November.
    16. Bratianu Constantin, 2018. "A critical analysis of intellectual capital research in universities," Proceedings of the International Conference on Business Excellence, Sciendo, vol. 12(1), pages 151-160, May.
    17. Mihaela Curea & Marilena Mironiuc & Maria Carmen Huian, 2022. "Intangibles, Firm Performance, and CEO Characteristics: Spotlight on the EU Electricity and Gas Industry," Sustainability, MDPI, vol. 14(15), pages 1-17, July.
    18. Daniela Mihaela Neamțu & Cristian-Valentin Hapenciuc & Ruxandra Bejinaru, 2019. "Reflections of Data and Theory of Leadership Communication Strategies," Ovidius University Annals, Economic Sciences Series, Ovidius University of Constantza, Faculty of Economic Sciences, vol. 0(2), pages 558-566, December.
    19. Aithal, Sreeramana & Aithal, Shubhrajyotsna, 2019. "Building World-Class Universities : Some Insights & Predictions," MPRA Paper 95734, University Library of Munich, Germany.
    20. Robert Fabac & Davor Djalog & Vinko Zebic, 2015. "Organizing for Emergencies - Issues in Wildfire Fighting in Croatia," Interdisciplinary Description of Complex Systems - scientific journal, Croatian Interdisciplinary Society Provider Homepage: http://indecs.eu, vol. 13(1), pages 99-116.
    21. Hadad Shahrazad, 2018. "The geographic distribution of Knowledge Economy (KE) within the European Union (EU)," Management & Marketing, Sciendo, vol. 13(3), pages 1089-1107, September.

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:vrs:poicbe:v:13:y:2019:i:1:p:479-491:n:42. See general information about how to correct material in RePEc.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: . General contact details of provider: https://www.sciendo.com .

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Peter Golla (email available below). General contact details of provider: https://www.sciendo.com .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service hosted by the Research Division of the Federal Reserve Bank of St. Louis . RePEc uses bibliographic data supplied by the respective publishers.