scholarly journals Competitive advantage of the sustainable digital economy

2021 ◽  
Vol 250 ◽  
pp. 06004
Author(s):  
Oksana Nurova ◽  
Tatiana Freze
Keyword(s):  
Competitive Advantage ◽  
Vocational Training ◽  
Sharing Economy ◽  
Digital Economy ◽  
Green Economy ◽  
High Tech ◽  
High Quality ◽  
Banking And Finance ◽  
Blockchain Technology ◽  
Wide Range

This research focuses on factors that influence the competitive advantage of the sustainable digital economy. Digital economy helped to speed up the exchange of information flows which, in turn, impacted on the creation the new forms of business and socio-economic interactions. Such sectors as banking and finance or hospitality and services are all influenced by the advancements of the digital economy that include sharing economy or Blockchain technology and its related applications. In this article, we show that digital economy is more sustainable due to the fact that it requires less energy sources and can itself contribute to the formation of the green economy and the acceptance of the renewable energy. All these features constitute its competitive advantage that needs to be further supported and fostered. In addition, we discuss key strategies and the development of skills to adapt to a digital economy and provide an overview of high-quality training for high-tech workers. It was assumed that in future, people would be able to easily acquire new skills through vocational training and vocational training. However, the spread of digital technologies has changed the way we work and has increased the need for high-quality training for workers in a wide range of professions. To use such technologies effectively, workers in an increasing number of sectors and professions need both general and advanced ICT skills.

scholarly journals Competitiveness of Enterprises in Polish SME Sector

2014 ◽  
Vol 2 (2) ◽  
pp. 17-20
Author(s):  
Anna Wolak-Tuzimek ◽  
◽  
Elżbieta Noworol-Luft ◽  
Radosław Luft
Keyword(s):  
Growth Factors ◽  
Competitive Advantage ◽  
High Quality ◽  
Internal Factors ◽  
Environment Analysis ◽  
Wide Range ◽  
Enterprise Competitiveness ◽  
Macroeconomic Environment

Growth factors of competitiveness are presented empirically. Conditions of competitiveness are determined by internal factors, dependent on enterprises themselves, and by a wide range of internal factors, dependent on the macroeconomic environment. Analysis of statistics concerning 2004-2011, collected as part of the author's research, leads to the conclusion that enterprises gain competitive advantage by low pricing and high quality of their products. A growing importance of quality as a factor determining enterprise competitiveness can also be noted.

MAKING STRATEGIC MANAGEMENT DECISIONS IN THE DIGITAL ECONOMY

2020 ◽  
Vol 10 (7) ◽  
pp. 1362-1374
Author(s):  
M.S. Faskhutdinova ◽  
◽  
N.B. Larionova ◽  
I.A. Lavrentyeva ◽  
◽  
...  
Keyword(s):  
Decision Making ◽  
Strategic Management ◽  
Business Environment ◽  
Digital Economy ◽  
Strategic Decision ◽  
High Tech ◽  
Decision Making Process ◽  
Management Decisions ◽  
Direct Production ◽  
Wide Range

The article discusses the development of a strategic management solution, which is one of the most important management processes; its efficiency determines the success of the business. The decision-making process is very difficult. There are many different subtleties in it that are well known to professional managers. Therefore, a strategic decision includes a deliberate conclusion concerning the need to take actions, or refrain from them, related to achieving the goals of the organization and overcoming the problems it faces. This is a process of choosing from a variety of alternatives the most preferable one for solving the problem. Each organization wishing to achieve the intended goal will be engaged in the development of strategic management decisions; and in each organization the practice of developing and making these decisions will have its own characteristics, determined by the nature and specifics of its activities, its organizational structure and internal culture. Modern enterprise is distinguished by the scale of activity, its separation from the direct production process or the provision of services. Nevertheless, there is always something in common that is characteristic of any decision-making process. This is what shapes the design and decision-making technology used in any organization. Only in this case it will be possible to obtain and achieve: clearly structured, interrelated and balanced strategic documents; a system of indicators built into logical multi-level structures that correspond to the structure of the development strategy; modeling forecasts using computational models, involving a wide range of specialists; reverse analysis of an unfulfilled or exceeded indicator, including public and professional monitoring of the consequences and violations; details of both available strategy elements and related indicators; simplified integration of an economic asset into a strategy, both for planning and in terms of obtaining feedback on the implementation of adopted programs and projects. Digital technologies are driving global changes in the business environment. The newest digital economy today is constructed on significantly different rules than the traditional economy. Entrepreneurship is forced to develop and adapt in an environment that includes an ever changing environment that stands and adapts the business to dynamically changing conditions at a strategic and tactical level. In the digital economy, its main factors are: data in digital form, their processing and use in large volumes - this is an economic activity that can increase efficiency, quality and efficiency in various types of production, technologies, equipment. It is based on the production of high-tech business structures, electronic products and services, and the sale of these products through e-commerce, which has become and will be possible thanks to applied informatics.

Blockchain Technology Is Changing the Innovation Aspect in the Digital Economy

2020 ◽  
pp. 103-112
Author(s):  
Dmitry Davydov ◽  
Inna Pitaikina
Keyword(s):  
Basic Concept ◽  
Digital Economy ◽  
High Tech ◽  
Technical Design ◽  
Blockchain Technology ◽  
Digital Era ◽  
Third Person ◽  
Digital Transactions ◽  
Or Organization ◽  
Expected Outcomes

In the digital era, banks are moving from their traditional methods of innovation to high-tech technologies. They have been working hard to provide a secure platform to their customers. With their continuous efforts and hard work, the concept of Blockchain technology came into notice. Blockchain technology is popularly known for Bitcoins. Nearly every third person or organization either knows about blockchain technology or uses it. Blockchain technology can address most of the issues related to Digital Transactions, Double Spending, and Currency Reproduction. The chapter will discuss the basic concept of Blockchain, its history, how its networks and technology work, and how its primary technologies evolved. By the end of the chapter, the technical design and expected outcomes will be clearly understood. The chapter also tries to review other research done in this domain.

scholarly journals How Can Middle-income Countries Improve Their Skills Systems Post- COVID-19?

2021 ◽  
Author(s):  
George Herbert
Keyword(s):  
Labour Market ◽  
Vocational Training ◽  
Social Protection ◽  
Safety Net ◽  
Training System ◽  
Green Economy ◽  
Middle Income ◽  
Middle Income Countries ◽  
Training Systems ◽  
Wide Range

Vocational training systems in middle-income countries are going to face multiple challenges in the post-COVID era, notably, challenges related to (1) automation; (2) the transition to a green economy, and (3) demographic pressures. Of these, automation - linked to the burgeoning ‘fourth industrial revolution’ that is set to transform the global economy - represents the most serious challenge and is the only one of the three challenges discussed in any depth in this paper. Whilst estimates of the likely scale of automation in the coming years and decades vary widely, it appears likely that waves of automation will lead to a dramatic decline in many kinds of jobs that largely involve routine, repetitive tasks. These trends pre-date COVID-19, but the disruption caused by the pandemic provides an opportunity to prepare for these challenges by implementing vocational training system reforms as part of the Build Back Better agenda. Reforms to vocational training systems will be crucial to ensuring middle-income countries respond appropriately to accelerating labour market changes. However, they should only form a limited part of that response and need to be integrated with a wide range of other policy measures. Vocational training reform will need to occur in the context of major reforms to basic education in order to ensure that all workers are equipped with the cross-cutting cognitive and socio-emotional skills they will require to perform hard-to-automate tasks and to be able to learn and adapt rapidly in a changing economy. Middle-income countries will also likely need to progressively expand social protection schemes in order to provide a safety net for workers that struggle to adapt to changing labour market requirements.

scholarly journals Building a digital economy (the case of BRICS)

2021 ◽  
Vol 106 ◽  
pp. 01019
Author(s):  
Svetlana Gusarova ◽  
Igor Gusarov ◽  
Margarita Smeretchinskii
Keyword(s):  
Digital Economy ◽  
Digital Transformation ◽  
Industrial Robots ◽  
High Tech ◽  
Economic Potential ◽  
New Paradigm ◽  
Brics Countries ◽  
Blockchain Technology ◽  
The Impact ◽  
Further Development

The main direction of our research on building a digital economy includes the introduction of blockchain and cryptocurrency in the BRICS countries; advantages, obstacles, and prospects of the digital economy; the impact of robotization on the economic development of countries. The digital transformation of the economy of the BRICS group can be facilitated by the use of blockchain technology. The study identified the main advantages, threats and directions for the creation and use of a new cryptocurrency (BRICScoin) and blockchain technology by the BRICS countries. The digital economy is on the agenda around the world today, it is a new paradigm for the development of countries’ cooperation, and can become a driver of their economic growth. On the basis of the analysis, the advantages, obstacles and recommendations for the development of digital transformation in the BRICS countries were identified. Research in the development of robotics has revealed the benefits and challenges of this process. The use of a mathematical model made it possible to conclude that the growth of an existing fleet of industrial robots in the country affects the growth of its economy. The further development of robotics in the country will help increase its economic potential, product quality and export of innovative high-tech products.

Comparative Effects of High-Tech Visual Scene Displays and Low-Tech Isolated Picture Symbols on Engagement From Students With Multiple Disabilities

2019 ◽  
Vol 50 (4) ◽  
pp. 693-702 ◽  
Author(s):  
Christine Holyfield ◽  
Sydney Brooks ◽  
Allison Schluterman
Keyword(s):  
Language Learning ◽  
Augmentative And Alternative Communication ◽  
Visual Analysis ◽  
Multiple Disabilities ◽  
Visual Scene ◽  
Future Research ◽  
High Tech ◽  
Single Subject ◽  
Wide Range ◽  
The Difference

Purpose Augmentative and alternative communication (AAC) is an intervention approach that can promote communication and language in children with multiple disabilities who are beginning communicators. While a wide range of AAC technologies are available, little is known about the comparative effects of specific technology options. Given that engagement can be low for beginning communicators with multiple disabilities, the current study provides initial information about the comparative effects of 2 AAC technology options—high-tech visual scene displays (VSDs) and low-tech isolated picture symbols—on engagement. Method Three elementary-age beginning communicators with multiple disabilities participated. The study used a single-subject, alternating treatment design with each technology serving as a condition. Participants interacted with their school speech-language pathologists using each of the 2 technologies across 5 sessions in a block randomized order. Results According to visual analysis and nonoverlap of all pairs calculations, all 3 participants demonstrated more engagement with the high-tech VSDs than the low-tech isolated picture symbols as measured by their seconds of gaze toward each technology option. Despite the difference in engagement observed, there was no clear difference across the 2 conditions in engagement toward the communication partner or use of the AAC. Conclusions Clinicians can consider measuring engagement when evaluating AAC technology options for children with multiple disabilities and should consider evaluating high-tech VSDs as 1 technology option for them. Future research must explore the extent to which differences in engagement to particular AAC technologies result in differences in communication and language learning over time as might be expected.

Technical fitting-out of agriculture in terms of digitalization: A theoretical background

2020 ◽  
Vol 18 (12) ◽  
pp. 2391-2405
Author(s):  
A.K. Subaeva ◽  
G.S. Klychova ◽  
L.M. Mavlieva
Keyword(s):  
Production Process ◽  
Digital Technologies ◽  
Theoretical Background ◽  
Digital Economy ◽  
Energy Resources ◽  
High Quality ◽  
Study Methods ◽  
Technological Infrastructure ◽  
Agricultural Enterprises ◽  
Technological Processes

Subject. This article discusses the issues related to the technological infrastructure of agriculture, improving the efficiency of energy resources, minimizing labor and material costs, and ensuring the continuity of the production process. Objectives. The article aims to study methods to improve the technological infrastructure of agricultural enterprises in the digital economy terms. Methods. For the study, we used the methods of comparison and classification. Results. The article describes patterns of development of technological processes in agriculture in the digital economy. Conclusions. The technical fitting-out of agriculture in the digital economy should be considered as a set of measures to prepare the industry for the production of high-quality products, which implies the use of digital technologies that minimize human participation in the production process.

AMPCOLOY 570

Alloy Digest ◽  
1980 ◽  
Vol 29 (3) ◽  
Keyword(s):  
Corrosion Resistance ◽  
Cast Iron ◽  
Iron Alloy ◽  
Heat Treating ◽  
Nickel Aluminum ◽  
High Quality ◽  
Glass Making ◽  
Temperature Performance ◽  
Wide Range ◽  
Cobalt Iron

Abstract AMPCOLOY 570 is a cast copper-nickel-aluminum-cobalt-iron alloy specially developed for applications involving severe stresses and high temperatures, such as glass-making molds and plate-glass rolls. It is significantly superior to cast iron which has been commonly used for glass-making molds. Good foundry techniques will yield high-quality castings of Ampcoloy 570 in a wide range of section sizes. This datasheet provides information on composition, physical properties, hardness, elasticity, and tensile properties. It also includes information on high temperature performance and corrosion resistance as well as casting, heat treating, machining, and joining. Filing Code: Cu-392. Producer or source: Ampco Metal Inc..

From Supply Chain Management to Blockchain-Based Management

2019 ◽  
pp. 59-63
Author(s):  
G. V. Zubakov ◽  
O D. Protsenko ◽  
I. O. Protsenko
Keyword(s):  
Supply Chain ◽  
Supply Chain Management ◽  
Digital Economy ◽  
Practical Implementation ◽  
Chain Management ◽  
Mutual Trade ◽  
Blockchain Technology ◽  
Distributed Ledger ◽  
Supply Chain Management System ◽  
The Government

The presented study addresses the current problems in the implementation of the distributed ledger (blockchain) technology in supply chain management mechanisms in the context of the digital economy. Aim. The study aims to analyze the application of the blockchain technology in modern economic processes from the perspective of logistics.Tasks. The authors consider the possibility of using the blockchain technology in the supply chain management system and explore ways to use the findings of the Eurasian Economic Commission (EEC) in the fieldof digital economy to organize information standardization processes within the supply chains of foreign and mutual trade.Methods. This study uses general scientific methods of cognition to examine approaches to the implementation of the blockchain technology in transport and logistics processes and to find opportunities for the implementation of smart contracts to ensure the traceability of the entire chain of commodity and information fl ws.Results. Implementation of the distributed ledger (blockchain) technology in the logistics processes of foreign and mutual trade increases the transparency of information fl ws and the speed of decisionmaking. This technology would allow the parties to negotiate directly, minimizing potential risks and the time required to approve a supply deal.Conclusions. The authors consider the possibility of using a systematic approach to the digitalization of transport and logistics processes and the subsequent standardization of information interaction at the B2B, B2G, and G2G levels, segmented by separate fields of transport and foreign trade and individual economic sectors. As a conclusion, the study assesses the prospects of the practical implementation of blockchain mechanisms in the creation of industrial platforms — digital platforms that provide integrated services for businesses and the government using a single window system.

Tendencies of development of modern innovative technologies and the digital economy

2018 ◽  
Vol 35 (2) ◽  
pp. 40-47
Author(s):  
S. M. Doguchaeva
Keyword(s):  
Internet Of Things ◽  
Digital Economy ◽  
Digital Transformation ◽  
The Internet ◽  
Successful Development ◽  
Innovative Technologies ◽  
Digital World ◽  
Blockchain Technology ◽  
The Internet Of Things

The era of digital transformation provides the opportunity for leading companies to change priorities - to begin to take care of the support environment using innovative technologies and become a leading creative platform open for innovation. The successful development of the digital world, the blockchain technology, the Internet of things – the mechanism which will change the financial world. 

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