The Economic Crisis Through Digital Economy Information Technology Essay

The Economic Crisis through with(predicate) Digital Economy tuition Technology EssayAlready a circulated topic which puts thoughts investors and stage production linemen, the stinting crisis light uponms to be invincible. The solving and minimizing the readys exerted at the micro stintingal and macroeconomic aim are still a challenge for economists, both(prenominal) globally and nationally. In fact, today we are at the confluence of both crises the first (short term) but there is a second economic crisis in the long term, which is closely the changing blood line climate.Following studies carried out internationally, it was think that these two crises nurse in common that one possible settlement is to develop the digital parsimoniousness. Digital miserliness seen as a impudently economy is the effect of coexistence of computer systems, net, telecommunications, electronics and their sustainable development. The trend toward digital systems interconnected values pose a sassy life cycle of e-business. This new model of economy is characterized by several features quite different from traditional economy.First, new economy presents new market and business models (e-business, E-commerce, e-banking, etc.) achieved through the intranet and the Internet, carry a radical change in their efficiency, to reduce the cost. In new-made years, electronic commerce (e-commerce) has emerged as the concrete form of realization of business, analogouswise involving the definition of sui generis markets scientific knowledge, driven by an increasely developing enquiry and development sector.Second highlight the application need of consumers and their ever much active involvement in design, implementation and use of goods and works from earlyish stage research and development. In the light of these realities, the new economy is non-interactive, participatory, thereof achieving a more(prenominal) rigorous interaction between supply and demand, in time and sp ace. Thus the consumer is without the knowledge, the primary(prenominal) regeneration pawn. It is he who offers ideas for innovational producer, who must maintain and expand markets, increase comfort and provide sustainable economic development.Third, we talk about competition and cooperation, two inseparable sides of the digital economy (taking account of the interaction between supply and demand, above). Forms of manifestation of competition between producers suffer due to temper consumer transformation, how it perceives and chooses a product or service name of the manufacturer at the expense, making vital cooperation between producers. totally these lead to the creation of virtual organizations as being achieved exploitation of business opportunities by sharing resources (skills, cost and market access).Lastly, the most delicate of the economy, that is on a power greater than design work. But as in anything less pleasant there a good side, we see that the reinforcement of cr eating new jobs that require highly skilled.Digital economy is regarded as quality to the wider economy. This is given its economic effects, namely reducing resource consumption, increased innovation and entrepreneurial spirit, increase productivity, speed change production and economic phenomena and processes, increasing value added, etc. The term digital economy refers to the transformation produced in the economic activities resulting from the use of teaching and communication technology (ICT), which provides access, information affect and storage in a low-cost time low.Antithetical on the old economy maturation was driven by mechanization of production, in particular manufacturing and agriculture, and the new economy, a promoter of development is generally digitization (using information technology to produce and keel goods and function) and in particular , using the Internet and other information technologies (smart cards, voice-based computing, wireless, databases, tele communications and expert systems) in the service sector, which encompasses 80% of jobs. info technology revolution has transformed virtually all industries and is the main developer of economic efficiency and productivity growth, living standards, the customization of products and services to meet individual needs and desires. So on this evolving digital economy is developing an increasingly see knowledge as raw material of economic activity accreditedly living in a knowledge revolution. This revolution means a fundamental change and transformation processes based economy almost merely on natural resources in the economy based generally on knowledge. On the basis of this revolution is the decisive role that the knowledge they have acquired in recent decades, increased economic importance of information technology, business processes, human capital, capabilities and organization skills knowledge link to organic factors.The exponential growth of mobile communications and the n umber of Internet users, the contribution of the ICT sector (ICT) to economic growth and job creation, restructuring of companies and business in general to better well-being from new technologies, accelerated development of electronic commerce and the essence of the digital economy livelihooding the transition to a knowledge-based society. It offers the most promising prospects for overcoming the crisis and sack efecto social exclusion, but require social protection systems to buzz off more active, provide incentives for work, ensuring sustainable retirement system for elderly pot and a stable environment the transition to knowledge-based economy can be run.SMEs the mainly pawnIn order to achieve the digital economy should heighten on using technology within self-coloureds, both in ground of Exeter and the environment when it comes to the firms external environment. It is understandable that the field could have the biggest Benefits after investment in technology the SM E sector. Importance of SMEs can be seen in their effect on the most important aspects of life inhabitants of a region and the level of economic development. Thus, the importance of SMEs lies in reality following offers the largest supply of goods and services for a nation in a modern society is the main supplier of value added in economic sectors that have purpose, offers most jobs firm level performance influence the state and the performance of national economy and standard of living of the population.In the countries of Central and Eastern Europe, seeking to become states with mature economies, the SME sector is considered the pillar supporting the economy. On average, 99.7% of companies present in the 27 EU countries, generating more than two thirds of total employment and 60% of added value, said Helge Boschenbroker, director of the Zeb/rolfes.schierenbek.associates and author of Serving SMEs by banks in CEE. Information and communications technology, with electronic trading s ystems offer benefits in increased turnover rate after business processes. Transfer documents via existing electronic network and computer network within the enterprise increases the efficiency of the economic process in basis of documentation, data processing and other administrative functions. Also in the SMEs, ICT and communications applications in this area may be the company much quicker and can bring value and management company offering its effectiveness.victimization advanced ICT systems, such as being ERP (Enterprise Resource Planning) and KMS (Knowledge Management System) enables enterprises to store, distribute and use their knowledge and know-how.For example, databases with a history of clients increase the flexibility and support given by managers and employees to customers.Regarding the internal environment of enterprises, the Internet and electronic commerce, offers square potential in reducing exertion costs and time. If the type of B2B commerce, digital technol ogy reduces the information asymmetry between buyers and suppliers provided. In fact, word meaning of electronic commerce will reduce costs of transfer increase transaction speed and superior build business relationships.Prerequisites for participation in a digital economy are the availability of accessible ICT with reasonable cost and ability to use them. Currently, there are still many people who can non benefit fully from the opportunities offered by ICT because these prerequisites are not met.Using ICT in SMEs is important economically. E-business idea is crucial when talking about ICT, but refers to accessing, providing and sharing information in the networks business, ie making business into advanced digital economy.Although companies today continue to use cost nest egg by using ICT, ICT is increasingly recognized as an important scape for innovation and revenue growth. New services and new ways of functional in networks of value occurred. Competition between enterprise s is conducted in new ways and cooperation lies in their work. Knowledge-intensive activities have become more important. Companies are increasingly rivet on their core competencies and outsource processes such non-core business.Currently, the vast majority of arena countries have adopted proactive policies priority to create an environment conducive to sustainable development information and communication technologies (ICT) especially that between actual and developing or poor countries has created a digital gaolbreak (Digital Divide). Romania, like other emerging countries, is faced with the phenomenon known as the digital gap, that gap that exists in use of ICT in organizations, between different layers of society in the country to other countries. Digital divide concept is closely related to information society theory. Using these indicator researchers measured the extent to which sure segments of the population can participate in the information society.The gap is caused b y social and economic inequalities between groups that influence access to digital information. These differences or inequalities arising from operating knowledge of computers and technology use by those present on the labor market and the marginalized, rich and poor, young and old.No wonder that the current economic crisis digital divide, in terms of Romania, to provide a surge. As the economy continues to be in crisis compared with other EU countries, differences in adoption and development of ICT will continue to increase. Finally it is possible for Romania to face a new crisis, a crisis of e-accessibility, but only if no measures are interpreted to support the adoption of sustainable ICT