Innovation in Science and Technology Management

Digital Economy: Connotations, Theoretical Basis and Future Research

  • Wei Jiang ,
  • Liu Jialing ,
  • Liu Yang
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  • (School of Management, Zhejiang University, Hangzhou 310058,China)

Received date: 2021-01-06

  Revised date: 2021-04-25

  Online published: 2021-11-10

Abstract

Recently, the development of digital technology has inspired the digital economy which takes data as a key factor of production. Compared with the traditional economy, digital economy has ambiguous participants and pays more attention to products usage and service extension. Clarifying the connotation, characteristics and theoretical basis of digital economy is helpful to understand the digital transformation of social production mode and guide the process. On the other hand, it would contribute to the development or even reconstruction of the digital economy's theoretical logic. On the basis of clarifying the definition of digital economy, this article analyzes the theoretical foundation of digital economy which combining the features of data elements and the ways that digital technology enables the production transformation. Aiming to provide new ideas for the establishment of digital economy-academic community, it also proposes the key scientific issues that should be paid more attention to in the future.

Cite this article

Wei Jiang , Liu Jialing , Liu Yang . Digital Economy: Connotations, Theoretical Basis and Future Research[J]. Science & Technology Progress and Policy, 2021 , 38(21) : 1 -7 . DOI: 10.6049/kjjbydc.2021010096

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