FINANCIAL INNOVATIONS IN THE PROCESS OF TRANSFORMING THE DIGITAL ECONOMY

Sh.T Nurullayeva

FINANCIAL INNOVATIONS IN THE PROCESS OF TRANSFORMING THE DIGITAL ECONOMY

Authors

Sh.T Nurullayeva

Keywords:

financial market, digital technologies, digitalization, digital transformation, information and communication technologies, business process, risk management

Abstract

Digital innovations stimulate the development of the digital economy and society, make it possible to apply developments in many areas and lead to the transformation of the economy. Investments in ICT, organizational and human capital should be considered as investments in additional factors of production. Digital companies use modern information technology as a competitive advantage and focus on long-term growth. The traditional company goes the way of the digital transformation of the business and offers the market a new digital product.

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FINANCIAL INNOVATIONS IN THE PROCESS OF TRANSFORMING THE DIGITAL ECONOMY