Employer

Deputy of Technology and Innovation

 

Researchers

Imad al-din Payandeh
Seyed Ahmad Hosseini Ghourtani

Digital Economy Diplomacy; Toward a Roadmap for the Government

From a reductionist view, economic diplomacy in a pre-digital economy means diplomatic activities to develop exports and attract foreign investments. In recent years, the issue of «digital economy diplomacy» has been raised, including the possibility of using innovative companies and digital technologies at international levels and attracting capital and development. The basis of this diplomacy relies upon the principle that the technological power of a country in the era of Industry 4.0 depends on its technol companies’ ability to enter the international competition scene. This is necessary for the digital economy, where technology and innovation, or in other words, digital transformation by virtue of Big data, become a new source of economic value creation and power as such.

Based on this, the main goal of the current research is to identify and formulate diplomacy that is suitable for the development of the digital economy in the country, which includes two principal axes:

  • Firstly, determining strategic goals and actions and plans related to these goals following the opportunities and threats in the target countries.
  • Secondly, determining the new structure of economic diplomacy by the digital economy in such a way that the new institutional design ensures the effectiveness of diplomacy.