Law as a Function for Management and Economic Development Director in the Digitalization Era

Abstract

The digital era has brought significant transformations to various aspects of life, including the economic sector. Developments in information and communication technology have created a new, more dynamic, open, and globally integrated economic model. In this context, law plays a strategic role as a controlling and directing instrument for economic development, ensuring it remains within the corridors of certainty, justice, and sustainability. This article examines how law can serve as a normative foundation for regulating digital economic activities, preventing practices detrimental to the public interest, and encouraging healthy innovation and investment. The approach used is a juridical-normative one, analyzing various regulations related to the digital economy, data protection, intellectual property rights, and electronic transactions. The study's findings demonstrate that the existence of an adaptive and responsive legal system is key to creating an inclusive and competitive digital economic ecosystem. Therefore, progressive legal reform and institutional strengthening are strategic steps in optimizing the role of law as a driver of national economic development in the digital era.