INNOVATIVE ECONOMIC PROCESSES

Innovative economic processes are how business firms, governments, and societies approach and respond to economic problems. They represent new ideas, methods and opportunities that can have a significant impact on the global economy. Thus, it is important to study and understand these new processes and their potential consequences. In this article, we have studied the latest innovative economic processes and their impact on the global economy. In particular, it focuses on the emergence of block chain technology and AI-based systems, their pros and cons, the challenges they present, and their potential in the business world.