Vision 2047: The Future of Digital Economy, Startups, and Innovation

Main Article Content

Bhimanagouda L. Rayanagoudra

Abstract

The digital economy is rapidly transforming the global landscape by integrating technology, entrepreneurship, and innovation across every sector. Startups have become the key drivers of this transformation, enabling new models of production, finance, and governance. By 2047, the digital economy is expected to evolve into a deeply interconnected system powered by artificial intelligence, blockchain, decentralized finance, and sustainable technologies. These advancements will reshape industries, empower small enterprises, and foster inclusive growth. 
This paper explores how startups will act as engines of innovation, leveraging digital tools to solve complex social and economic challenges. It highlights emerging trends such as AI-driven decision-making, edge computing, green technologies, and decentralized governance models that will redefine the global business environment. At the same time, the paper acknowledges the challenges of data privacy, cybersecurity, skill development, and environmental sustainability. 
Through policy analysis and strategic recommendations, the study emphasizes the importance of strong digital infrastructure, ethical data practices, and inclusive innovation ecosystems to ensure balanced growth. By 2047, success in the digital economy will depend not only on technological advancement but also on human creativity, collaboration, and sustainable practices. 

Article Details

Section

Research Articles

Author Biography

Bhimanagouda L. Rayanagoudra

Lecturer, Department of Commerce, KLE'S S.V.S Bellubbi Arts and Commerce College, Saundatti. 

How to Cite

Bhimanagouda L. Rayanagoudra. (2025). Vision 2047: The Future of Digital Economy, Startups, and Innovation. ಅಕ್ಷರಸೂರ್ಯ (AKSHARASURYA), 10(06), 79 to 85. https://aksharasurya.com/index.php/latest/article/view/1834

References

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