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Assessment Models of the Digital Economy and Knowledge-Based Societies in Europe

In: Crisis after the Crisis: Economic Development in the New Normal

Author

Listed:
  • Marius Constantin

    (Bucharest University of Economic Studies)

  • Simona Roxana Pătărlăgeanu

    (Bucharest University of Economic Studies)

  • Alexandra Diana Chirescu

    (Bucharest University of Economic Studies)

  • Jean Vasile Andrei

    (Petroleum-Gas University of Ploiesti)

Abstract

Economies and societies around the world are affected by the rapid progress in the field of digitisation, specific to knowledge-based societies. It is one of the aims of the European Commission to empower businesses and people towards a more equitable, sustainable and digitised future. In this regard, the EU has a set of key performance indicators that are designed to monitor progress – by 2030, at least 80% of the EU citizens should acquire basic digital skills and use digital ID, while 75% of the EU businesses are expected to use cloud computing services and AI. Since it is essential to measure the progress of the digital economy to ensure that the targets are met, the objective of this research was that of designing assessment models meant to: (1) indicate the progress made in the field of the digital economy in EU-27 in the case of each country, (2) signal risks with respect to countries not reaching the targets set by the European Commission by 2030, (3) explore the need of digital cohesion member states.This paper fills a literature gap by providing a progress assessment framework based on a unique set of key performance indicators. Results highlight great progress tracked on Internet accessibility and cloud space usage in the European Union.

Suggested Citation

  • Marius Constantin & Simona Roxana Pătărlăgeanu & Alexandra Diana Chirescu & Jean Vasile Andrei, 2023. "Assessment Models of the Digital Economy and Knowledge-Based Societies in Europe," Springer Proceedings in Business and Economics, in: Luminita Chivu & Ignacio De Los Ríos Carmenado & Jean Vasile Andrei (ed.), Crisis after the Crisis: Economic Development in the New Normal, chapter 0, pages 31-47, Springer.
    • Handle: RePEc:spr:prbchp:978-3-031-30996-0_3
    DOI: 10.1007/978-3-031-30996-0_3
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