COVID-19 and Digital Economy: The Journey towards a Digital Transformation in New Normal: How to Prepare for the Future

Abstract

Since the COVID-19 outbreak, the digital economy through the digital transformation of production and consumption has surged globally. In recent rapid technological revolution businesses are moving their operations and workforce to a virtual environment, where the setting and fundamental of the traditional business are changed considerably. Hence, this chapter explores further the structure of the digital supply and digital consumption, and its opportunities and challenges in promoting the digital economy in new normal. We further highlight the rise of some key concepts such as digital globalisation, digital innovation and ethical risks at individual, organisation and country level.

Citation

Tabaghdehi, S.A.H. (2022), "COVID-19 and Digital Economy: The Journey towards a Digital Transformation in New Normal: How to Prepare for the Future", Baltagi, B.H., Moscone, F. and Tosetti, E. (Ed.) The Economics of COVID-19 (Contributions to Economic Analysis, Vol. 296), Emerald Publishing Limited, Leeds, pp. 95-104. https://doi.org/10.1108/S0573-855520220000296008