DIGITAL LITERACY AS A FACTOR OF ECONOMIC GROWTH

Authors

  • Apsilyam N.M. Author
  • Ashrapova L.U. Author

Keywords:

Digital literacy, economic growth, labor productivity, small and medium-sized businesses, innovation, market access, educational systems, digital skills, technological industries, digital divide, education, social barriers, human capital development, global economy, digital economy, digital transformation

Abstract

 Digital literacy has become one of the key factors for economic growth in the modern world, where technology is rapidly transforming traditional business models and processes. This article explores how digital skills impact various aspects of the economy, including labor productivity, innovation, market access, and quality of life improvement. Understanding how to effectively use digital technologies has become an important competitive advantage for both individual workers and entire industries and nations.

One of the main topics of the article is the relationship between digital literacy and productivity growth. Digital skills enable the workforce to adapt to the rapidly changing demands of the labor market, ensuring more efficient use of resources and technology. This fosters the growth of innovation potential and the creation of new business models, which is especially important for technology and startup industries. Additionally, digital literacy promotes broader access to markets, including international ones, and stimulates the development of small and medium-sized businesses by offering opportunities to optimize processes and expand customer bases.

The article also emphasizes the importance of digital literacy for the education system and human capital development. The ability to work with new technologies is essential for enhancing workforce qualifications and preparing specialists for careers in digital industries. At the same time, digital literacy opens new opportunities at all levels of education, from primary to higher education, helping students develop critical thinking and skills that will be in demand in the global labor market.

However, the implementation of digital skills is not without challenges. One of the main issues faced by many countries is uneven access to technology, especially in developing regions. This creates a digital divide, which can exacerbate social and economic disparities between countries and regions. There is also a challenge within the education system, where there is often a lack of necessary resources and qualified educators to ensure quality teaching of digital skills.

In conclusion, the article highlights the importance of integrating digital literacy into educational and social processes, stressing that without appropriate efforts from the government, private sector, and educational institutions, digital transformation may be uneven. Improving digital skills is a necessity for ensuring sustainable economic growth, innovation, and competitiveness in the global economy. Digital literacy is not just a skill; it is the foundation for creating a more flexible, efficient, and progressive economy for the future. 

References

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Published

2025-02-03

Issue

Section

Economics

How to Cite

DIGITAL LITERACY AS A FACTOR OF ECONOMIC GROWTH. (2025). INTERNATIONAL SCIENTIFIC-ELECTRONIC JOURNAL “PIONEERING STUDIES AND THEORIES”, 1(2), 18-22. https://pstjournal.uz/index.php/pst/article/view/10

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