Abstract
These days the Internet has revolutionized lives not only of particular people, but it has also influenced the functioning of market economy in terms of globalization and technological convergence. The key condition of development and increase in popularity of e-services is maintaining the high level of social trust to this form of providing services and preventing social threats. The stability of functioning and information society development depends on open, reliable and safe cyberspace.
Highlights
Modern economy is subject to incessant changes
Digital technology is present in many different fields of economy, which makes the technology in various fields related, which in turns makes the solutions convergence .The solutions convergence is based on unifying the methods of access to network, processes, services and applications (Białobłocki and Moroz 2006: 4)
Convergence is not something spontaneous, it is the effect of human activities, decisions, goal setting, and evaluation of the effects
Summary
Modern economy is subject to incessant changes. The connection of technological progress, lower transportation costs and liberalizing the policies within and outside the European Union have led to the increase in trade as well as the flow of foreign investments between the countries with all related consequences (Peker et al 2014; Šabasevičienė, Grybaitė 2014, Korsakienė 2013; Matyasik 2014; Vosylius et al 2013; Teivans-Treinovskis, Jefimovs 2012). That is of great importance for the present information revolution and its economic consequences is the connection of two originally remote technologies-communication technology related to the transmission of data with the computer technology that influences data processing (Fuschi, Tvaronavičienė 2014). This phenomenon requires from entrepreneurs to undertake an appropriate action plan. The term convergence that appears in publications discussing technology, business, and trade and regulation issues in the area of electronic communication is the term relating mostly to the phenomena occurring mainly in modern media, IT and ITC. Internet software is used for creative work as well as management of this work and its control
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