Digital nomads and their influence on local economy development

Lazarević-Moravčević, Marija and Mosurović Ružičić, Marija and Paunović, Mihailo (2024) Digital nomads and their influence on local economy development. In: 29th International Scientific Conference Strategic Management and Decision Support Systems in Strategic Management SM 2024, 17-18 May, 2024, Subotica. Faculty of Economics, Subotica. ISBN 978-86-7233-428-9

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Abstract

Digital nomads are the simplest to describe as professionals who perform tasks independently of location and with the application of digital technology. Those individuals are characterized by a constant search for freedom, an escape from the traditional work environment, autonomy in choosing a destination for life and work. The locations chosen by digital nomads are pleasant environments, i.e. destinations where it is possible to satisfy work, social and financial needs. The purpose of this paper is to analyze the significance of digital nomadism as a global phenomenon. Acknowledging the impact that digital nomads have on the development of the local economy and community, the findings of the paper indicate the role of a strategic approach in creating an attractive environment for their arrival, stay and work.

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