Year: 2021
Type: conference-paper
Study design: Observational Study
Abstract: The paper aims to identify new technologies (big data, blockchain, Internet of Things, 3D printing, 5G technology etc.) and their impact on the specific activities related to international sales contracts: international logistics and international payments.In this context, it should be noted that Revolution 4.0 offers participants in international trade new opportunities for easier management of the transactional mechanism.The study is based on theoretical and empirical research aimed at investigating the impact of new technologies on international trade flows and the development of international businesses.The findings confirm that these new technologies are rapidly developing and spreading and they have a positive effect on promoting international trade relations and on the environment.The results of our survey on the implementation of new technologies in the Romanian business environment show that employees are familiar with most of them, but the percentage of actual utilisation in companies is rather small.
Source: Proceeding Papers
Institution: Bucharest University of Economic Studies
Language: English
Subfield: Business and International Management
Domain: Social Sciences
Open Access status: diamond
OpenAlex ID: W3199833403