Blue Economy Innovation Impact Assessment with the GMR-Europe Model

Varga, Attila; Hau-Horváth, Orsolya; Szabó, Norbert; Járosi, Péter

doi:10.4236/ti.2013.44025

Cited by 4 publications

(2 citation statements)

References 14 publications

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“…Manufacturing and agriculture are noninformation-intensive industries with low research costs, limited scalability, limited user variety and little information asymmetry (Parker et al, 2016). Increased total factor productivity in particular industries can lower prices and raise demand, keeping firms competitive (Varga et al, 2013). A robust competitive environment will also encourage new firm development and job creation.…”

Section: Digital Platform Economy Indexmentioning

confidence: 99%

Digitalization and Platformization in Romania Based on the Digital Platform Economy Index 2020

Apostol¹

2023

CEBR

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This article examines the Romanian digital platform economy. In particular, it discusses how this novel paradigm could help Romania adapt to new technological and structural conditions and participate in the upcoming industrial-digital revolution. It intends to investigate the bottlenecks in the country's platform economy. Moreover, it compares the health of the digital entrepreneurial ecosystem with that of neighbouring countries. So that Romania may achieve sustainable growth, it suggests ways to enhance the platform economy framework. The methodology and data analysed in the study are based on the Digital Platform Economy Index 2020. It combines 61 indicators from different sources in 24 variables, twelve for the digital environment and twelve for the entrepreneurial ecosystem. These variables comprise the twelve pillars. Providing a basis for comparison, they are a crucial component of the model. Lastly, the four sub-indices and the main super-index are calculated. Platform economies such as Romania lack technology transfer, financial facilitation and digital literacy, according to the research. Demand side issues, such as fewer companies operating online and utilizing cloud technologies and low consumer online purchases, inhibit the introduction of new online businesses and technologies. Digitalization of industrial processes is not a trend in Eastern European countries. It is important to note that the study is limited by using macro-level indicators. With no platform-specific examples, it generalizes the concept of the digital economy. As a study topic, the digital platform economy presented in this article is an emerging field of research. Implications for Central European audience: This article identifies the bottlenecks in the digital platform economy in Central and Eastern European countries. Particularly, it emphasizes the necessity to improve digital literacy, the number of multi-sided platforms networking, as well as technological transfer pillars of the platform economy. It also compares several cross-country dimensions of the digital platform economy. The author theoretically proves the importance of changing business models and embracing digitization in order to move towards a platform economy. In addition to describing what platform economies are and what they are not, the article also discusses how platforms can be combined with traditional firms to maintain a constant economic growth rate.

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Section: Digital Platform Economy Indexmentioning

confidence: 99%

Digitalization and Platformization in Romania Based on the Digital Platform Economy Index 2020

Apostol¹

2023

CEBR

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“…They studied the capital-labor ratio besides the population growth situation. However, Pekár et al (2013) [18] applied the maximizing of Omega function to select the portfolio while economic impact for the using the waste as a production input through the blue economic has been proposed by Varga et al (2013) [19]. This seems to be analogue to the RE support policy.…”

Section: Cost Analysismentioning

confidence: 99%

Economic Modeling for the Renewable Energy Support

Nada¹,

Hamed²

2015

OALib

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This paper presents a general economic modification for the present energy strategy. This modification is unidirectional economic concept depending on three principles. The paper explains shortly the basics of engineering connections between renewable energy stations and the traditional electric power networks, illustrating the technical rules while the economical base has been accounted with time consideration. Converting stations and rectification principles are priced, simply. Also, the cost comparison may be noted in order to find the best quick way for development. The proposed support depends on three axes as the technical (direct current distribution systems), financial banking, and industrial activity. This leads to a concentration in the manufactured equipments and devices to be capable for encourage the application of direct current operation. The tools and devices in the electric systems of cars may be the first key for the technical implementation as a stable actual market in the world so that the industrial axis would lead to the commercial use with a reduced price for each component due to the high growth in mass production. It is concluded that, the proposed philosophy can be introduced on the basis of government support through electric and industrial companies besides governmental banks. Also, encourage policy for private investment sectors in marketing and financial authorities may be needed where a simple economic model is illustrated. This is an economic differential solution since it accounts the price ratio for the aimed target.

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