Comparative Analysis of the Basic Indexes for Digital Transformation. Development of the Digital Economy and Society in Bulgaria Cover Image

Сравнителен анализ на основните индекси за дигитална трансформация. Развитие на дигиталната икономика и общество в България
Comparative Analysis of the Basic Indexes for Digital Transformation. Development of the Digital Economy and Society in Bulgaria

Author(s): Ruslan Tsankov, Stella Valeva
Subject(s): Economy, National Economy
Published by: Университет за национално и световно стопанство (УНСС)
Keywords: Digitalisation; Digital Economy; Bulgaria; Digital Transformation Indexes
Summary/Abstract: Digitalization has been a subject of research since the advent of computers in mass use. What makes its analysis relevant nowadays are the transformational effects that go beyond the narrow field of application of information technology, as well as the fact that major changes are ahead. State-level digitalization strategies are a visible part of this process. The effects of technologies such as artificial intelligence and augmented reality have yet to be explored. It is challenging to define and measure digital transformation due to its multifaceted and ever-expanding scope. This report takes a step forward in this regard. By summarizing scientific researches and the key indexes in the field of digital change, it also identifies their main weaknesses deepening the study to overcome them. The cognitive value of the information is analysed as well. The report presents the position of Bulgaria according to the main indexes for digital transformation. The country is a small open economy, a member of the EU and lagging in its digital development. Bulgaria’s policy in this area is an analytical basis for studying the results in depth. The findings concern as theoretical researches, lagging behind the practice as well as the need for more accurate measurement of effects to adapt more quickly to the change.