DIGITALIZATION OF SMALL AND MEDIUM ENTERPRISES IN THE REPUBLIC OF NORTH MACEDONIA

Risteski, Stefana and Zdraveski, Dejan and Janeska, Margarita (2019) DIGITALIZATION OF SMALL AND MEDIUM ENTERPRISES IN THE REPUBLIC OF NORTH MACEDONIA. In: 11th International Conference DIGITAL TRANSFORMATION OF THE ECONOMY AND SOCIETY: SHAPING THE FUTURE, 19, Prilep, Macedonia.

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Abstract

SMEs in the Republic of North Macedonia are, and will continue to be, the drivers of inclusive economic growth and in the creation of productive and sustainable jobs in the future. If they want to stay competitive and have an essential role in both the domestic and international markets, they must constantly upgrade, grow, increase the number of employees, expand their range of products and services, markets, and they can achieve it if they continuously increase the degree of digitization. Digitalization, often called to as the "fourth industrial revolution", is of vital importance to ensure competitive advantage in the global economy. Digitalization is not just about acquiring IT equipment and systems. It encompasses fundamental business dimensions. In this paper, the key indicators of digitalization in the Republic of North Macedonia will be elaborated. Also, the level of digital transformation in SMEs and that means measuring digital intensity index will be evaluated. Based on the data obtained, a comparative analysis will be made between the level of digitalization of small and medium-sized enterprises in the Republic of North Macedonia and EU member states.

Item Type: Conference or Workshop Item (Paper)
Subjects: Scientific Fields (Frascati) > Social Sciences > Economics and Business
Divisions: Faculty of Economics
Depositing User: Mr Dimitar Risteski
Date Deposited: 07 Feb 2020 19:08
Last Modified: 07 Feb 2020 19:08
URI: http://eprints.uklo.edu.mk/id/eprint/2607

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