THE ROLE OF DIGITAL TECHNOLOGIES IN STIMULATING INNOVATIVE PROCESSES AND THE DEVELOPMENT OF ECONOMIC SYSTEMS
Journal: International scientific journal "Internauka." Series: "Economic Sciences" (Vol.2, No. 92)Publication Date: 2024-12-31
Authors : Shevtsova Alina;
Page : 97-106
Keywords : digital technologies; innovation processes; economic development; artificial intelligence; Internet of Things; blockchain; economic models; digitalization; cybersecurity; legal regulation;
Abstract
Introduction. Modern digital technologies have become one of the main drivers of economic development, changing not only the way businesses operate but also the very nature of economic processes. Artificial intelligence, big data, blockchain, the Internet of Things, and other innovations create new opportunities to increase the efficiency of economic systems and stimulate innovation across various sectors. At the same time, these technologies present new challenges for society, particularly in the areas of cybersecurity, ethics, and legal regulation. It is particularly important to explore how digital technologies can alter traditional economic models and whether they are capable of ensuring sustainable economic development in a globalized world. The relevance of the research lies in the fact that digitalization is a key factor in the transformation of economic systems in many countries worldwide
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