Prospects of developing countries in digital economy case study of Montenegro
Journal Title: Acta Economica - Year 2014, Vol 12, Issue 20
Abstract
Information technology has influenced business activities change to such extent that today we speak about new kind of economy, so called digital economy. Digital economy enforces new standards for doing business both on micro and macro, i.e. on global level. In this context, answering seemingly simple question regarding prospects of developing countries competitiveness in digital economy in comparison to traditional economy appears to be exceptionally interesting and even controversial in relation to classical economic theory. Cheap technology and rapid internet expansion offer new opportunity for developing countries to enter easily in global digital trends. In this regard, deliberate policy is required to foster development of infrastructure, education and entrepreneurship along with increasing use of information and communications technology. Trough example of national internet domain .ME internationalization, thereinafter is illustration how in Montenegro we recognized and utilized that opportunity.
Authors and Affiliations
Vujica Lazović
Keywords
Related Articles
- EP ID EP43783
- DOI -
- Views 276
- Downloads 0
Ways of choice of global marketing strategies
At the beginning of the 21th century changes caused by globalisation have became real and present in all areas of society. The most signifcant changes are changes on the market and changes in business activities. Changes...
BUYERS PORTFOLIO IN EXPORT AND INTERNATIONAL MANAGEMENT
The paper in front of you develops methodology for monitoring of company’s buyers located on the foreign markets by simultaneous monitoring of marketing and financial parameters – market share, share of buyer in total pr...
ANALISYS OF THE MEASURES FOR MONTENEGRIAN BANKING SYSTEM PROTECTION FROM THE CONSEQUENCES OF THE GLOBAL FINANCIAL CRISIS
As globalization becomes more extensive, the spillover effect of the financial crises is intensifying more than ever before. Unfortunatelly, globalization means breaking not only barriers that lags international capital...
Limited liabilities option valuation model
Limited liabilities are ofen viewed as the valuable protection of personal property to the investors in equity instruments. Tere are several approaches for valuing limited liabilities. One of them is value of insurance,...
Is there a hope for ”small companies” in conditions of globalization?
In this paper, the authors start from the key argument that the level of national competitivness completely reflects the level of a certain country to create a growing prosperity for its citizens. Te starting hypothesis c...