Technology-based factors of globalization in market and transition economies. Is there a difference?

Simple item page
dc.citation.epage52
dc.citation.issue1
dc.citation.rankM24
dc.citation.spage33
dc.citation.volume22
dc.contributor.authorPetkovski, Ivana
dc.contributor.authorFedajev, Aleksandra
dc.contributor.authorMihajlovic, Ivan
dc.date.accessioned2025-01-15T10:49:33Z
dc.date.available2025-01-15T10:49:33Z
dc.date.issued2024
dc.description.abstractPurpose – The global crises that emerged during the last two decades proved that economies that focus their development on demand are the most vulnerable during crises. However, development strategies depend on specific internal and external circumstances impacting development of particular country. In that sense, this research aims to identify how digitalization, science and technology, and ICT trade impact globalization in market and transition economies. Research methodology – Authors employed the PLS-SEM methodology on available dataset for 32 European economies. Findings – According to the findings, digitalization is the factor that has the highest positive impact on globalization in market economies, while ICT trade has the greatest positive impact on globalization in transition economies. Science and technological advancements have a diverse impact. The MGA results stressed out the difference between these groups even more clear. Research limitations – The presented model does not consider country-level analysis of globalization. Practical implications – The study is providing theoretical and empirical base for strategy and policy development in the globalization domain in line with economy character. Originality – The value of the research is found in contributing to the globalization topic in market, and particularly in transition economie that lack empirical research in this field.
dc.identifier.doi10.3846/bmee.2024.19904
dc.identifier.issn2669-2481
dc.identifier.issn2669-249X
dc.identifier.urihttps://repozitorijum.tfbor.bg.ac.rs/handle/123456789/5954
dc.language.isoen
dc.publisherVilnius Gediminas Technical University, Lithuania
dc.rights.licenseCC-BY
dc.rights.urihttp://creativecommons.org/licenses/by/4.0/
dc.sourceBusiness, Management and Economics Engineering
dc.subjectglobalization
dc.subjectPLS-SEM
dc.subjectICT trade
dc.subjectdigitalization
dc.subjectscience and technology
dc.titleTechnology-based factors of globalization in market and transition economies. Is there a difference?
dc.typearticle
dc.type.versionpublishedVersion

Files

Original bundle
Now showing 1 - 1 of 1
No Thumbnail Available
Name:
Petkovski et al. - BMEE.pdf
Size:
427.77 KB
Format:
Adobe Portable Document Format
Download

Collections

NIR