Digitalization Impact on The Economies of V4 And Eu States
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| Dokumentumtípus: | Diplomadolgozat |
| Kulcsszavak: | big data digitalizáció EU mesterséges intelligencia visegrádi országok |
| Online Access: | http://dolgozattar.uni-bge.hu/41635 |
| Kivonat: | With the era of the globalization, the technological revolution has been fostered, as technology has diversified, branching into various facets, including artificial intelligence, cloud-computing systems, machine-based learning, blockchain, and others, which have not only modernized the mechanisms of socio-political and socio-economic development but had also advanced the mechanisms of the business, largely affecting the organizational structure, as well as the corporate strategies, which have fundamentally inflicted by increased automation, operational efficacy, productivity, personalization, increased risk management, and increased customer service, and others. These all facets have led to the digital transformation, changing the conventional business with the new business models, which in turn, leads to increased foreign investment, and hence investment financial development. However, there has been a significant difference in the ways by which these technologies have been deployed into the economic structure of the countries, with some states taking an upper hand over the others. And this is apparent from the deployment of digitization into the economic structure of both V4 states as well as the EU states since European states have deployed technology more effectively than V4 states. Hence, the research will evaluate the economy of digitization, thereby analyzing various types of technologies and their implications, as well as the deployment of technology in the economic structure of both V4 states and the EU state, thereby comparing the relative success attained. The paper is based on a detailed desk survey and a structured questionnaire, incorporating 113 respondents. The results of the research show the significance of various technologies used in digitization, as well the effective incorporation of technology into the financial system of both V4 states and the EU. |
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