THE ROLE OF E-COMMERCE IN ECONOMIC DEVELOPMENT: A CASE STUDY OF THE CZECH REPUBLIC
DOI:
https://doi.org/10.5281/zenodo.14580827Keywords:
E-commerce, Economic Development, European success, businessmanagementAbstract
This research delves into the transformative impact of e-commerce on the Czech Republic's economy. By analyzing key economic indicators, such as GDP, imports, exports, and sectoral growth, this study aims to uncover the extent to which e-commerce has contributed to the country's economic development. Employing a mixed-methods approach, the research combines quantitative and qualitative analysis to provide a comprehensive understanding of e-commerce's role. The findings highlight the significant potential of e-commerce in driving economic growth, particularly in the retail and consumer goods sectors. However, challenges such as digital infrastructure, regulatory barriers, and consumer trust continue to hinder the full realization of e-commerce's potential. The study concludes by proposing policy recommendations to maximize the benefits of e-commerce and accelerate the Czech Republic's economic transformation
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