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The New Digital Economy and Sustainability: Challenges and Opportunities
Version 1
: Received: 6 May 2023 / Approved: 8 May 2023 / Online: 8 May 2023 (08:18:28 CEST)
A peer-reviewed article of this Preprint also exists.
Rosário, A.T.; Dias, J.C. The New Digital Economy and Sustainability: Challenges and Opportunities. Sustainability 2023, 15, 10902. Rosário, A.T.; Dias, J.C. The New Digital Economy and Sustainability: Challenges and Opportunities. Sustainability 2023, 15, 10902.
Abstract
This study aims to analyze the interconnection between the concepts of digital economy and sustainability. These concepts have become popular due to awareness of climate change and increased development and adoption of technologies. Researchers, business leaders and policymakers are exploring the many ways digital technologies can be used to address sustainability issues. Using a systematic literature review with a bibliometric analysis, we examined a sample of 92 studies indexed in SCOPUS to identify research activity on this topic through April 2023. We found that 2022 had the highest number of peer-reviewed papers on the subject, with 31 publications. During the research, we also identified multiple opportunities for this interconnection, such as developing renewable energy and sustainable technological solutions, smart cities and sustainable urbanization, and sustainable consumption. These opportunities enabled by digital technologies allow companies to adopt sustainable business strategies and develop sustainable products. Despite these opportunities, the digital economy presents several challenges that can hinder efforts to achieve sustainability goals, such as increased e-waste, high energy consumption and rising carbon emissions, digital divide, job insecurity, growing monopolies, and data protection. These issues must be addressed to enable optimal use of the opportunities presented in the digital economy to promote sustainability.
Keywords
new digital economy; sustainability
Subject
Business, Economics and Management, Business and Management
Copyright: This is an open access article distributed under the Creative Commons Attribution License which permits unrestricted use, distribution, and reproduction in any medium, provided the original work is properly cited.
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