Best scientific research 2022
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BEST SCIENTIFIC
RESEARCH - 2022 43 Research methodology The research is conducted on the topic of the collaboration among digitalization as well as innovation economy to boost the economic prosperity for developing countries by its superiority in the rapid beneficial effect on societal changes and enrichment of radical new business models by enlarging the ICT ecosystem. The digital economy is the unique most significant engine of global innovation, competitiveness, and growth, and digitalization accelerates development, promotes economic growth, connects people together, and allows for greater resource use. However, many governments are finding it difficult to invest in innovation and digital technology because they cannot afford to. The article contains theoretical and practical observations based on the most recent statistics from professional experts and institutions, and it formulates ideas and recommendations on fundamental remedies to difficulties addressed by many writers of valuable articles above. The produced scientific and practical advice can be utilized to improve the situation in this region and to help for finding the quicker opportunity of co-operation between digitalization a long with innovation economy that are incredibly enormous for today’s economic circumstance of the world which is full of high competition among states for the stable economic growth. Analyses and results If we look through the recent biggest changes among giant companies of the world, there are only improvements of their prior services but not fully new inventions. For instance, Airbnb started to link consumers with salespeople and does not own ant accommodation although it is the biggest shelter company in the Globe, or the same situation with Uber as well. Furthermore, the biggest shops are Amazon or Alibaba today, and they do not have any offline big shops and sell online. Therefore, this is the case with innovation, it means that in order to alleviate making profits and improving more quality services for their customers, big corporations tend to start the implementation of digital tools. Hence, the acceleration of digital development also boosted drastically over the past several years. This, in turn, changed many things in them economy, as it effected to the employment or entrepreneurship processes. |
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