Is Europe Ready for Digital Transformation? A Comparative Analysis in the Field of Digitalization Cover Image

Is Europe Ready for Digital Transformation? A Comparative Analysis in the Field of Digitalization
Is Europe Ready for Digital Transformation? A Comparative Analysis in the Field of Digitalization

Author(s): Julianna Csugany, Tamas Tanczos
Subject(s): Social Sciences
Published by: Udruženje ekonomista i menadžera Balkana
Keywords: Digitalization; European Union; DESI; Innovation performance
Summary/Abstract: The Covid-19 pandemic has significantly accelerated digital transformation, compelling economic actors to rapidly adapt to evolving conditions. In response, the European Union has set ambitious digital targets for 2030 as part of its vision for Europe’s Digital Decade, aiming to empower businesses and individuals to exploit the benefits of digitalization. The Digital Economy and Society Index (DESI) serves as a valuable tool for identifying the key drivers and challenges in achieving the EU’s digital transformation goals. This research focuses on comparing EU member states across various dimensions of digitalization, including digital skills, infrastructure, business transformation, and the digitalization of public services, using DESI indicators. It is hypothesized that significant disparities exist between member states, which may be correlated with their levels of innovation performance. By employing multivariate statistical methods, the comparative analysis seeks to highlight the strengths, weaknesses, opportunities, and threats associated with digital transformation in Europe.

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