Economic transformation refers to the process of shifting an economy from one state or stage of development to another, often with the goal of improving productivity, competitiveness, and overall economic performance. This transformation can involve changes in industry composition, technology adoption, infrastructure development, and trade policies. Economic transformation is typically necessary for countries to sustain long-term growth and development, as well as to adapt to global economic trends and challenges. Researchers in this area study the factors, policies, and strategies that can facilitate and drive economic transformation in different contexts and sectors.