scholarly journals Digitalization and the third food regime

2020 ◽  
Author(s):  
Louisa Prause ◽  
Sarah Hackfort ◽  
Margit Lindgren
Keyword(s):  
Information And Communication Technologies ◽  
Business Models ◽  
Food System ◽  
Digital Technologies ◽  
Economic Restructuring ◽  
Commodity Chain ◽  
Food Regime ◽  
Digital Platforms ◽  
The Third ◽  
Market Shares

Abstract This article asks how the application of digital technologies is changing the organization of the agri-food system in the context of the third food regime. The academic debate on digitalization and food largely focuses on the input and farm level. Yet, based on the analysis of 280 digital services and products, we show that digital technologies are now being used along the entire food commodity chain. We argue that digital technologies in the third food regime serve on the one hand as a continuation of established information and communication technologies, thus deepening certain features of the existing food regime such as the retail sector’s control over global commodity chains. On the other hand, digital technologies also introduce new forms of control and value extraction based on the use of data and pave the way for large tech companies to take over market shares in the agri-food sector. Finally, we find that multinational agri-food companies are starting to take on the business models of leading digital tech companies, for instance by developing digital platforms throughout the agri-food system. We argue that this shows that the broader economic restructuring of neoliberal capitalism towards digital capitalism is also making its way into the agri-food system.

scholarly journals Development of Microfinance Organizations in Ukraine in Terms of FinTech Financial Market Transformation

2020 ◽  
Vol 10 (513) ◽  
pp. 316-325
Author(s):  
O. V. Krylova ◽  
Keyword(s):  
Financial Services ◽  
Business Models ◽  
Institutional Environment ◽  
Digital Technologies ◽  
Financial Sector ◽  
Digital Products ◽  
Association Agreement ◽  
Digital Platforms ◽  
Operation Conditions ◽  
Logical Method

Modern operation conditions of the market of non-bank financial services in Ukraine require the search for unconventional forms of innovation development and the need to implement information systems and digital technologies. This corresponds to the provisions of the Association Agreement between Ukraine and the EU, the Comprehensive Program for the Development of the Financial Sector of Ukraine until 2020, the Financial Sector Development Strategies and FinTech in Ukraine by 2025. The research is aimed at identifying the major tendencies in the development of microfinance organizations in Ukraine as a key element of the market of non-bank financial services using digital technologies, including FinTech. To achieve the aim, research methods such as analysis and synthesis, statistical analysis, comparison, generalization, structural and logical method, expert survey and estimation are used. The dynamics of the main indicators of the development of the market of non-bank financial services in Ukraine are analyzed: the number of microfinance organizations, the volume of assets and financial services. The specific features of «split» as an important reform of the development of the national market of non-bank financial services have been identified. The peculiarities of FinTech development in different world countries are researched. The content of the key development tendencies of microfinance organizations in terms of FinTech-transformation of the financial sector in Ukraine are covered, including: marketplaces (providing loans to customers through intermediary digital platforms); balance crediting; AI-based solutions; banking-as-a-service as a model that allows non-financial companies to add banking services to their own applications and digital products. The formation and implementation of a qualitatively new model of regulation of the market of non-bank financial services will create conditions for the use of new financial instruments and business models that will meet the requirements of the dynamic institutional environment of microfinance organizations in Ukraine.

scholarly journals IMPERATIVES OF THE DIGITAL ECONOMY DEVELOPMENT IN UKRAINE

2021 ◽  
Vol 06 (04(01)) ◽  
pp. 39-46
Author(s):  
Tetiana Halimon Tetiana Halimon
Keyword(s):  
Economic Development ◽  
Information And Communication Technologies ◽  
Business Models ◽  
Digital Technologies ◽  
Communication Technologies ◽  
Business Environment ◽  
Digital Economy ◽  
The World ◽  
Information And Communication ◽  
Traditional Economy

The priority vector of development of many countries of the world is digital transformation and creation of a hypercompetitive digital economy. The key trend of modern global economic development in all countries of the world is the rapid spread of information and communication, digital technologies and the development of the digital economy, which causes changes in the business environment, transaction methods and the level of connections between individual entities. The digital economy is an innovative dynamic economy based on the active introduction of innovations and information and communication technologies in all types of economic activities and spheres of society, which increases the efficiency and competitiveness of individual companies, the national economy and living standards. In the third wave of globalization, the digital economy plays an important role in the development of countries, the most important factor of which is information and knowledge, as well as ways to access them. Increasingly, the digital economy is intertwined with the traditional economy, making clear demarcations increasingly difficult. The main products of the digital economy are the same goods and services of the traditional economy provided by computer equipment and digital systems such as the global Internet. However, the rapid development of digitalization is becoming a source not only of new opportunities, but also of serious threats and problems for all segments of the population that need to be taken into account. That is, the digitalization of the economy and all spheres of public life, on the one hand, becomes a challenge and threat to established business models and successful strategies of behavior of enterprises in a market economy, on the other - opens new opportunities for improvement and competitive advantage. Digitalization has significant benefits for economic development. Benefits at the level of the whole society include: economic and social effect of digital technologies for business and society; improving the quality of life; increasing the productivity of all social labor; the emergence of new models and forms of business that can increase profitability and competitiveness; increasing the transparency of economic transactions and ensuring the possibility of their monitoring. Key words: digital economy, innovative activity, innovative development, competitiveness, scientific and technological progress, information and communication technologies, information society.

scholarly journals Could Unsustainable Electronics Support Sustainability?

2021 ◽  
Vol 13 (12) ◽  
pp. 6541
Author(s):  
Nicolas Moreau ◽  
Thibault Pirson ◽  
Grégoire Le Brun ◽  
Thibault Delhaye ◽  
Georgiana Sandu ◽  
...  
Keyword(s):  
Information And Communication Technologies ◽  
Business Models ◽  
Current System ◽  
Digital Technologies ◽  
Holistic Approach ◽  
Well Being ◽  
Environmental Footprints ◽  
New Business ◽  
Information And Communication ◽  
Teaching Programs

Information and communication technologies are often considered by policymakers, industrial stakeholders and scientists as a key lever in the run towards sustainability, since they should ease energy efficiency and dematerialization. In this opinion article, nurtured by the inputs of a broad panel of experts, we challenge this widely spread view by highlighting the detrimental social and environmental footprints caused by digital technologies. We further take a critical look on the ways innovation is conducted nowadays, i.e., with an almost exclusive focus on performance and few considerations for externalities. This leads us to call for academic teaching programs advocating for a holistic approach, for new business models, and for ambitious political decisions able to drive a paradigm shift in the mainstream agenda of electronics innovation and digital transition that shall significantly contribute to the well-being of everyone, everywhere, without compromising future generations. We conclude that digital technologies cannot support long-term sustainability if their only purpose remains the optimization of the current system.

PROBLEMS AND PROSPECTS OF TRANSITION TO A DIGITAL ECONOMY IN THE AGRI-FOOD SECTOR

2020 ◽  
Vol 10 (9) ◽  
pp. 1858-1868
Author(s):  
N.V. Reshetnikova ◽  
Keyword(s):  
Information And Communication Technologies ◽  
Information Exchange ◽  
Agricultural Sector ◽  
Food System ◽  
Supply And Demand ◽  
Digital Technologies ◽  
Digital Economy ◽  
Food Sector ◽  
Actual Problem ◽  
Food Complex

The actual problem of the agrifood system effective development in Russia is the transition to a digital economy, which should bring it to a new level of development, allowing it to meet the growing needs of the country’s population for high-quality food. Digital technologies are aimed at ensuring optimal management in each link of the agri-food system, and its adaptation to external changes. The introduction of digital technologies in the agri-food complex is promising for the economy as a whole. Digitization of the agri-food sector means an increase in the speed of information exchange within the system, monitoring of supply and demand, prices and parameters of production processes, an increase in the quality of management decisions. The purpose of the study is to assess the prospects, risks and constraints on the introduction of digital technologies in the management of the agri-food complex. The types of digital technologies that are promising for use in the agri-food complex with an emphasis on technologies that ensure digitalization in crop and livestock production, the processes of processing agricultural raw materials and the sale of final products are considered. The effectiveness of using digital technologies in the agricultural sector is shown: they contribute to resource conservation and optimization of production and marketing processes. The analysis of the dynamics of the Russian innovation system was carried out using the indicators of the Global Innovation Index, its strengths and weaknesses were highlighted, and the most important development directions were identified. The regulatory and legal foundations of the digitalization process in the agri-food system have been studied. The problems of introducing digital technologies in the management of the agri-food sector, namely, their weak economic and infrastructural accessibility, the need to improve the qualifications of agricultural workers in the field of information and communication technologies, the preferential orientation of state programs on large agribusiness, the need to support the implementation of digitalization programs in small and medium enterprises of the agri-food sector. Attention is drawn to the risks of reducing the competitiveness of agricultural enterprises that are not ready for the introduction of innovative digital technologies.

scholarly journals The impact of digital transformation on the formulation of new corporate strategic directions

2021 ◽  
Vol 4 (2) ◽  
pp. 141-153
Author(s):  
Ernad Kahrović
Keyword(s):  
Business Models ◽  
Digital Technologies ◽  
Essential Elements ◽  
Digital Transformation ◽  
Digital Platforms ◽  
Expansion Strategy ◽  
Market Expansion ◽  
Operational Processes ◽  
Employee Experience ◽  
The Impact

The digital economy, as an economy primarily functioning via digital technologies, has made its impact on the development of the digital transformation concept. Such a form of business transformation requires the integration of digital technologies in all industries. The paper underlines the importance of the essential elements of transformation, regarding customer experience, operational processes, business models, employee experience and digital platform, along with the key business spheres, relating to competition, innovation and value, which digitalisation changes on the way. The main goal of the paper therefore is to point to the impact of digital transformation on the process of formulating new corporate strategic directions. With this in mind, the main aim of the paper is to stress prospective corporate strategic directions of digital transformation under conditions of deep digital penetration. The paper is based on the working hypothesis that despite the fact that existing businesses most commonly start with market penetration, through developing a digital technology strategy, as well as digital market expansion strategy, further development of digital transformation leads to the creation of digital platforms that are built by mutual collaboration of numerous stakeholders connected through joint value creation and its delivery.

scholarly journals Evolution of traditional banks' business models

2021 ◽  
pp. 146-152
Author(s):  
Galina Panova
Keyword(s):  
Factor Analysis ◽  
Business Models ◽  
Business Processes ◽  
Digital Technologies ◽  
Point Of View ◽  
Economic Science ◽  
Digital Platforms ◽  
Bank Business Models ◽  
Definition Of

The article considers topical issues of how banks are developing in the new realities of the digital economy, and presents the results of research on theoretical and practical aspects of banks' business models evolution. The methodology uses such approaches as scientific abstraction, system and factor analysis, methods of grouping, detailing, and synthesis. The topic is relevant for banks first of all from the economic science point of view, since until now the conceptual apparatus of not only the types of bank business models but also the definition of bank business models and their ecosystems remain controversial. However, in practice the applying of new strategic solutions is needed to solve the triune task: to ensure profitability of banks' business while maintaining liquidity and minimizing risks. The obtained results allowed us to reveal the important role of the banks' business models innovative transformation, as well as to reveal the tendency of improving the intermediary function of banks on the modern stage of digital technologies' development. The article substantiates the need to develop new approaches to administering business processes, expanding banking activities using digital platforms, and reveals the problem that requires the speediest solutions in developing regulation standards for financial ecosystems.

scholarly journals Human Capital in the Digital Economy Format

2019 ◽  
Vol 9 (1) ◽  
Keyword(s):  
Information And Communication Technologies ◽  
Agricultural Production ◽  
Digital Technologies ◽  
Digital Economy ◽  
Survey Method ◽  
Digital Platforms ◽  
Agricultural Industry ◽  
Factors Affecting ◽  
Information And Communication ◽  
The Impact

Purpose: Consideration of the main directions of development of information and communication technologies, as well as the impact of digital competencies on economic growth in the new conditions. Design / Methodology / Approach: This study uses statistical and monographic methods, as well as a survey method. Findings. The study showed that in agricultural production in the current conditions, digital technologies are actively used. This is evidenced by the use of unmanned aerial vehicles, the use of digital platforms and much more. Along with this, the labor market was not ready to offer specialists with knowledge and skills in the field of agricultural production and digital technologies. Practical implications: The problems discussed in the article indicate an urgent need to develop a mechanism for training specialists for the agricultural industry with digital skills. Originality / value: The authors define the concept of the digital economy, and also reveal the essence of the factors affecting its development.

Industry 4.0 and business models: a bibliometric literature review

2021 ◽  
Vol ahead-of-print (ahead-of-print) ◽  
Author(s):  
Lara Agostini ◽  
Anna Nosella
Keyword(s):  
Literature Review ◽  
Business Models ◽  
Digital Technologies ◽  
Research Area ◽  
Future Research ◽  
Content Type ◽  
Digital Platforms ◽  
Main Research ◽  
Strategic Approach ◽  
Coupling Approach

PurposeFollowing an increasing interest in the area that merges digital/I4.0 technologies and business models (BMs), which led to a proliferation of articles in this domain, the purpose of this article is to systematize this body of literature by means of a structured literature review.Design/methodology/approachAfter a careful selection of articles, we carried out the analysis with the support of bibliometric techniques, using the bibliographic coupling approach complemented with factor analysis and the content analysis of articles.FindingsThe results of the literature review analysis allow us to organize the literature around four main research streams, namely digital technologies and business model innovation, digital strategy and BMs, digital platforms and BMs, and IoT, servitization and BMs. On such a basis, we outline gaps and provide promising avenues for further research in this research area.Research limitations/implicationsThis study has implications for academics in terms of conceptualization of relevant constructs, integration of two streams of research and specific technologies whose relationship with the BM still deserves attention.Practical implicationsThis study has implications also for managers, who may take advantage of the description of some BM archetypes driven by digital/I4.0 technologies and also appreciate the relevance of taking a strategic approach, with a particular focus on the BM, toward the use of digital technologies.Originality/valueThis study merges two relevant streams of research in an attempt to see how they have developed synergically and what potentials their merge could offer for future research.

THE IMPACT OF DIGITAL TECHNOLOGIES ON THE ORGANIZATIONAL DEVELOPMENT OF THE ENTERPRISE

2021 ◽  
pp. 8-20
Author(s):  
Elena V. Kunina ◽  
Keyword(s):  
Big Data ◽  
Life Cycle ◽  
Organizational Development ◽  
Information And Communication Technologies ◽  
Business Models ◽  
Digital Technologies ◽  
Digital Transformation ◽  
Digital Culture ◽  
Direct Access ◽  
The Impact

This article considers the impact of digital technologies on the organizational development of an enterprise. It shows the relevance and neces- sity of studying the topic at the present time. At different stages of its develop- ment, the company faces certain difficulties that prevent further growth and further transition from one stage of the organization’s life cycle to another. In industries, businesses are reengineering business processes and even entire business models to transform big data and apply them to achieve competitive advantage. The trend towards digital transformation of related value systems using information and communication technologies (ICT) can be considered as an opportunity for organizational development of the enterprise. Businesses use digital technologies such as IoT platforms, advanced human-machine interfaces, the authentication and fraud detection tools, 3D printing, smart sensors, big data Analytics, and more. Digital technologies can be profitable for an enterprise by saving costs, expanding connectivity, and being more flexible and adaptable to a digital environment that is becoming more complex and competitive. In the scientific literature, there are many studies devoted to the study of organizational development of the enterprise. Almost every concept considers organizational development from the point of view of distinguish- ing stages of the life cycle of organizations. Each functioning enterprise at one time or another of its development is at one or another stage of the life cycle of the organization (LC). The article considers the main stages of the orga- nizational life cycle growth up to I. Adizes model and that of L. Greiner. The life cycle stages are correlated according to two concepts and possible issues arising at separate stages of development are identified; as well as the potential complications and their possible solutions through the digital technologies implementation and use. It should be noted that the introduction of digital technologies implies deep changes in the way the interaction of the external and internal environment of the enterprise works at all stages of the life cycle of the organization. The introduction of digital technologies can lead to the emer- gence of new business models for relationships between the company and its customers: customers have direct access to communication with the company, which facilitates the exchange of data between them, but at the same time it forces the enterprise to pay attention to its digital reputation and invest in it. It is revealed that the introduction of digital technologies in the organizational development of the enterprise requires the inculcation of a digital culture that supports that change: namely, an organizational culture suitable for the digital transformation of the enterprise. It is worth noting that in order to apply digi- tal technologies and benefit from them, it is extremely important that new tools are understood, accepted and adapted by employees to their daily work.

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