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The Impact of Digital Economy Development on Industrial Structure Upgrading

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DOI: 10.23977/infse.2024.050417 | Downloads: 52 | Views: 858

Author(s)

Jiaming Wang 1

Affiliation(s)

1 Department of Finance, Economics and Commerce, Jinan Vocational College, Jinan, Shandong, China

Corresponding Author

Jiaming Wang

ABSTRACT

With the rapid development of information technology, the digital economy has emerged as a new engine for global economic growth. This paper aims to delve into the impact of digital economy development on industrial structure upgrading, analyzing how the digital economy drives the transformation and upgrading of traditional industries and fosters the rise of emerging industries through technological innovation, model innovation, and format innovation, thereby optimizing the overall industrial structure. The paper first outlines the definition and current status of the digital economy, and then elaborates on the mechanisms of its impact on industrial structure upgrading from multiple dimensions, including technological innovation, market demand, resource allocation, and policy support. Finally, it proposes strategies to address challenges, providing references for policymakers, businesses, and academia.

KEYWORDS

Digital Economy, Industrial Structure, Economic Development, Technological Innovation, Resource allocation, Market demand

CITE THIS PAPER

Jiaming Wang, The Impact of Digital Economy Development on Industrial Structure Upgrading. Information Systems and Economics (2024) Vol. 5: 132-137. DOI: http://dx.doi.org/10.23977/infse.2024.050417.

REFERENCES

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