MAIN COMPONENTS OF THE DIGITAL ECONOMY

Authors

  • Abdusattorov Sodikjon PhD student of Namangan Engineering Construction institute

Keywords:

digital economy, information technologies, digitalization, efficiency

Abstract

For the past decades, the world has been moving so fast towards a new type of economy, where the digital technologies function as the main tool for its formation. Expanding the role of information technology in the private and public sectors is the basis for the transition to a digital state. The term «digital economy» was used for the first time relatively recently, in 1995, by an American scientist from the University of Massachusetts, Nicholas Negroponte, in order to explain to his staff, the advantages of the new economy in comparison with the traditional one in connection with the strong development of information and communication technologies. The article deals with main components of the digital economy and the world experience of structural and institutional support for the development of the digital economy. Special attention is paid to the development of digital technologies in the economy. Analyzing the topic, it was concluded that the learning the main components of the digital economy can help to develop appropriate programs that ensure the effective use of digital technologies.

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Published

2023-03-23

How to Cite

Abdusattorov Sodikjon. (2023). MAIN COMPONENTS OF THE DIGITAL ECONOMY. European Journal of Research Development and Sustainability, 4(3), 21-23. Retrieved from https://scholarzest.com/index.php/ejrds/article/view/3313

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Articles