Page 90 - RUICHSS 2023 Proceeding

University of Ruhuna ISSN: 2706-0063
Matara, Sri Lanka

household entrepreneurship and boost GDP. According to the analysis of

heterogeneity, the digital economy is currently playing an increasingly vital
role in promoting household entrepreneurial activities in rural and western

regions, where economic development is relatively slow due to the need for

improved supporting infrastructure such as transportation, the financial
network, and information communication. As beneficiaries and end-users,

digital platforms have also initiated a distinct competition and monetary
impact in various aspects of consumer welfare.

Moreover, the digital economy has given rise to new economic practices. At
their most fundamental level, these forms provide economic benefits as gifts

and rely on cooperation rather than authority (Dharmayanti et al., 2022).
Achieving the necessary long-term equilibrium between human development

and the natural environment is crucial for sustainable development. Similar
attention was paid to ICT (Information and Communications Technology) in

development during the late 1990s and early 2000s (CIOCOIU, 2011). The

transition to the digital economy, a post-industrial economy where knowledge
and networks play a larger role than capital, is marked by profound changes

in communication technologies and economics (CIOCOIU, 2011).

Areas for Digitalisation

Digitalisation in Education
With the use of technology such as smartphones, laptops, and tablets, the

education system is changing to meet the needs of the twenty-first century.
Our educational systems are being forced to digitalise with online teaching
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