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Tag " digital economy"

Illustration for news: Digital Inequality a Key Challenge on the Road to the Digital Future

Digital Inequality a Key Challenge on the Road to the Digital Future

Along with personal computers, the digital economy originated in the 1980s and quickly began to evolve, with information and technology becoming a bigger and bigger determinant of a country’s economic growth. A new stage of this evolution is now upon us, with explosive technology and data transformation now becoming one of the decisive factors of production.

Business Digitisation Index

The HSE Institute for Statistical Studies and Economics of Knowledge designed the Business Digitisation Index which measures the rate of entrepreneurial sector organisations’ adapting to digital transformation in Russia, European countries, the Republic of Korea, Turkey, and Japan. The index is calculated on the basis of the following five indicators: broadband internet access, use of cloud-based services, RFID technology, and ERP systems, and participation in e-commerce.