Digital Ecosystem Digest – CHALLENGES OF INTERNATIONAL EXPANSION OF LOCAL TECHNOLOGY STARTUPS – OVERVIEW OF DIGITAL MARKETS IN THE REGION
International borders are slowly disappearing and discoloring in the technological field, especially against the background of rapid globalization. Therefore, the acquisition of international markets has become the focus of long-term development for almost all technological startups. One of the important
Digital Ecosystem Digest – DIGITIZATION TRENDS AND STARTUP ECOSYSTEM IN GEORGIA
The target audience of the presented report is wide and may include any person interested in digitization of business activities. In particular, the report will address the following main issues: • Initial results of digital transformation of local startup activities
DIGITAL ECOSYSTEM DIGEST – INCREASED TRENDS OF DIGITAL MARKETS IN GEORGIA
According to preliminary data, the volume of the e-commerce market in Georgia will exceed GEL 2.2 billion by 2022. Compared to 2021, this is a 7.8% increase in GEL, and a 17.5% increase if we calculate the product price in
Digital Ecosystem Digest – E-COMMERCE CONSUMERS IN CLOTHING INDUSTRY IN GEORGIA
The number of e-commerce consumers increased in clothing industry (in 2022) compared to previous years. Market broadening is a result of increase in female consumers. Almost 3/4 of the visitors to the web pages of local online clothing stores are
Guiding Principles of the National Strategy of Georgia on Artificial Intelligence
In the 21st century a large body of data has been accumulated, respective algorithms were developed and computer-calculating capacities have increased as a result of the technological process. The given experience clearly illustrated the role and significance of technologies in
Digital Ecosystem Digest – E-Commerce Consumers
Digital Ecosystem Digest is monthly electronic research report, which is issued at the initiative of BTU Entrepreneurship and Research Centers. Report reviews current technological and innovative trends in different areas of Georgian digital ecosystem and covers the issues such as:
How AI can change the economics of women’s entrepreneurship
The article examines how generative artificial intelligence can transform the economics of women’s entrepreneurship by converting existing digital skills into measurable business outcomes, with particular emphasis on productivity, operating costs, revenue growth, and access to specialized expertise. The aim of
Socioeconomic Challenges
The article examines cardinality-constrained portfolio optimization by integrating the P versus NP computational-complexity problem with the Markowitz–Capital Asset Pricing Model (CAPM) framework, augmented by Black–Scholes derivative pricing. The aim of the study is to develop an integrated economic-computational framework that
Socio-Demographic profile of the Debt holDerS of olDer populationS in eaSt anD WeSt european regions
The article examines the socio-demographic profile of consumer debt holders among older populations in East and West European regions, using logistic regression models applied to data from the 7th wave of the Survey of Health, Ageing and Retirement in Europe
The Impact of Socio-Economic Challenges and Technological Progress on Economic Inequality: An Estimation with the Perelman Model and Ricci Flow Methods
The article examines the impact of 16 key parameters of the Georgian economy on economic inequality, using the Perelman model and Ricci flow mathematical methods. The aim of the study is to conduct a deep analysis of the impact of
Digital Ecosystem Digest: GENAI TOOLS ADOPTION AND USAGE TRENDS IN GEORGIA: A QUANTITATIVE ANALYSIS OF USER BEHAVIOR
GenAI tools adoption has increased at a rapid rate starting from November 2022, when ChatGPT first appeared. Initially, in Georgia, ChatGPT was widely used but with limited purposes. However, over the past year, users in Georgia have adopted a broader
IT SECTOR IN GEORGIA: TRENDS AND EMPLOYMENT PROFILE
In recent years, the IT sector in Georgia has grown significantly, establishing itself as one of the fastest-developing industries. It not only occupies a larger share of the economy but is also diversifying and expanding in various directions. This report