Published in Scientific Papers. Series "Management, Economic Engineering in Agriculture and rural development", Vol. 25 ISSUE 2
Written by Dora DONCHEVA, Dimitrina STOYANCHEVA
In recent years, the development of the information economy, as part of the knowledge economy, is seen as closely related to the aspects of digital and telecommunication impact and efficiency. Modern theories of economic growth focus on the contribution of ICT, research and development (R&D) and innovation to stimulate growth, while digital technologies are considered to increase inclusion in the knowledge economy. The article aims to identify and analyze key indicators that define the information economy’s progress and its relationship with GDP growth. It investigates both widely used and less explored ICT-related metrics, resulting in a systematic classification of existing indicators used to assess the information economy’s impact on economic expansion. Findings highlight the e-government index, the online services index and telecommunications infrastructure as the reliable measures. In contrast, the productive capacities index, although indicative, is less suitable for practical application due to its complexity and focusing on narrower aspects of information economy such as ICT accessibility.
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