Digital Transformation in Europe: Economic and Policy Implications

A special issue of Economies (ISSN 2227-7099).

Deadline for manuscript submissions: 31 December 2025 | Viewed by 1801

Special Issue Editors


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Guest Editor
Faculty of Economic Sciences, Lucian Blaga University of Sibiu, 550324 Sibiu, Romania
Interests: e-business; e-government; fintech and payment systems, big data; blockchain; social media; data mining; cybernetics; software engineering; computer science

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Guest Editor
Faculty of Economics and Business Administration, Alexandru Ioan Cuza University, 700505 Iasi, Romania
Interests: e-government; business information systems; social media; mobile technology and information society; e-learning

Special Issue Information

Dear Colleagues,

Digital transformation is redefining economies across Europe, creating both exciting possibilities and complex hurdles to overcome. This Special Issue examines how the shift toward digital technologies is reshaping economic frameworks, policies, and growth patterns across Europe. We are witnessing everything from cutting-edge tech, like Artificial Intelligence (AI), Internet of Things (IoT), blockchain, and fintech, to innovative financial tools, including the proposed Digital—all of which are fundamentally changing how European economies operate.

We are looking for fresh perspectives on how digital innovations boost productivity and spark creative solutions, while also examining their broader impact on society and the persistent tech gaps between different parts of Europe. A key focus will be understanding how initiatives like the Digital Europe Programme, along with various governmental and private sector efforts, are molding Europe’s tech ecosystem.

Research using any robust methodology is welcome, whether you are diving deep into specific cases, comparing different approaches, exploring theoretical concepts or crunching the numbers. Both new research and comprehensive reviews have a place in this Special Issue.

Our goal is to create a meeting point for diverse voices—from university researchers to industry experts and policy specialists—to better understand how Europe can leverage its digital revolution for widespread prosperity and lasting progress. Your insights could help shape the conversation about where Europe’s digital journey leads.

Dr. Eduard Alexandru Stoica
Prof. Dr. Mircea Radu Georgescu
Guest Editors

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Keywords

  • economic impact of smart city technologies
  • blockchain applications in trade agreements
  • future of digital currency in Europe
  • E-commerce and cross-border policies
  • role of fintech in economic policy
  • digital transformation in public services
  • EU regulations of cryptocurrency markets
  • sustainable practices in digital economies
  • centralized and decentralized finance
  • artificial intelligence in economic policy
  • Central Bank Digital Currencies (CDCs)
  • digital twin technology in economics
  • economic growth through digital transformation
  • digital finance and green economy goals
  • digital infrastructure for economic resilience

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Published Papers (2 papers)

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Research

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25 pages, 4170 KiB  
Article
Evaluation of Data-Driven Sustainability Potential at SMEs Using an Altered Ecocanvas Model
by Levente Péter Bálint, László Várallyai and Szilvia Botos
Economies 2025, 13(2), 49; https://doi.org/10.3390/economies13020049 - 13 Feb 2025
Viewed by 1371
Abstract
Incorporating sustainability into business operations is likely to become one of the most significant priorities and challenges for companies in the near future. SMEs operating within conventional frameworks often experience constraints when adjusting to evolving circumstances. They frequently lack resources, qualified experts, skills, [...] Read more.
Incorporating sustainability into business operations is likely to become one of the most significant priorities and challenges for companies in the near future. SMEs operating within conventional frameworks often experience constraints when adjusting to evolving circumstances. They frequently lack resources, qualified experts, skills, and capabilities to enable the efficient implementation of DT within the organization. In this paper, Eurostat datasets were analyzed to uncover trends in SME digitalization and sustainability, focusing on patterns in data utilization, employee training, and environmental considerations. These insights were integrated into an altered Ecocanvas sustainability modeling tool to develop a framework supporting their strategic planning and decision-making. It has proven to be a useful tool for this purpose by mapping business processes against sustainability and strategic goals while indicating where digital or alternative solutions can be introduced. SMEs analyze data and consider environmental impacts at different levels based on their size categories. To determine whether these differences are statistically significant, we have performed one-way ANOVA tests. This paper aims to provide a data-driven situational analysis and tool, which outlines the benefits of data analytics from several aspects while offering practical recommendations for company leaders to consider and implement. Full article
(This article belongs to the Special Issue Digital Transformation in Europe: Economic and Policy Implications)
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Review

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24 pages, 2452 KiB  
Review
Consolidating the Role of AI in the Economy and Society: Combating the Deepfake Phenomenon Through Strategic and Normative Approaches—The Case of Romania in the EU Context
by Ionel Bostan
Economies 2025, 13(5), 129; https://doi.org/10.3390/economies13050129 - 12 May 2025
Abstract
Artificial intelligence (AI) is a field of strategic interest for both the European Union (EU) and its member states, which are making significant efforts to develop and implement AI in a way that is economically and socially beneficial, as well as ethical and [...] Read more.
Artificial intelligence (AI) is a field of strategic interest for both the European Union (EU) and its member states, which are making significant efforts to develop and implement AI in a way that is economically and socially beneficial, as well as ethical and secure. This paper analyzes the importance of AI and its impact on the economy and society, highlighting the strategic and regulatory aspects agreed upon at the EU and Romanian levels, given this state’s status as an EU member. Based on the latest specialized literature, the first part addresses the concept of AI and emphasizes its role as a key driver of innovation and economic growth. Subsequently, we examine the EU’s institutional concerns, outlining the key guidelines and steps in harnessing AI opportunities, as well as the strategic and regulatory milestones that govern AI implementation within the EU. In this context, we focus on the complexities involved in the transition to the AI Era, recent developments, the process of drafting and adopting the EU AI Act, and the significance of the AI Pact. Our study fully reflects that Romania is also taking significant strategic and regulatory measures to align with the demands of the AI Era, with particular attention given to improving the legislative framework regarding the ethical implications of AI implementation and preventing deepfakes. Full article
(This article belongs to the Special Issue Digital Transformation in Europe: Economic and Policy Implications)
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