scholarly journals Institutional Digital Transformation and the Relationship between the Digital Economy and Sustainable Development

Webology ◽  
2021 ◽  
Vol 18 (2) ◽  
pp. 1263-1277
Author(s):  
Dr. Alsiedy Ibrahim Jawad Kadom ◽  
Dr. Nadia Mahdi Abdul Kader

At a time when the rate of technological growth worldwide is accelerating in its various forms (internet, IoT, artificial intelligence, cloud computing, digital transformation, blockchain, and big data), our institutions and administrative units are experiencing a complex struggle; It is not able to leave its traditional frameworks for a long time, nor is it able to catch up with the advanced technology every day, but perhaps every hour or minute. This dialectic posed an explicit challenge to the state's institutions, and placed it in the eye of the event. The Digital Transformation project will move “institutions from the traditional stage of interaction between citizens and management to a more modern, transparent, and more in line with technological progress in our world today, in which technology is the key to more achievements at a lower cost (make more for less). The research includes four sections. In the first topic, the researcher explains the different concepts of digital transformation, which no matter how many, they have one content, and also reviews the rules of change required for the digital transformation process, as well as a statement of the positive effects and possibilities offered by this transformation to the national economy. In the second topic, the researcher shows the relationship between the digital economy and both development and sustainable development, and the goals of sustainable development 2030. In the third topic, the researcher deals with the future trends of digital transformation and the foundations of the relevant national strategy, and reviews the most important risks that this transformation poses to the security and sovereignty of countries. In the fourth topic, the researcher provides the conclusions and recommendations that the most important of them are: monitoring the necessary investments and funds in the general budget; In order to implement the digital economy strategy and its requirements, and in conclusion, the relevant sources were mentioned.

2013 ◽  
Vol 340 ◽  
pp. 1045-1049 ◽  
Author(s):  
Shi Xian Sun ◽  
Yao Shun Zhu ◽  
Cun Yu Cai ◽  
Yong Mei Li ◽  
Rui Tao ◽  
...  

In order to ensure the sustainable development of resource-exhausted cities,with Dongchuan disrict of Kunming as an example, the achievements and problems in the economic transformation, as well the relationship between the geological hazards and mining were analysed,the results showed that Dongchuan has achieved good results in the process of transformation in economy, city transformation, and ecological construction.However, the basic cause of severe natural disasters lie in over-exploitation is ignored for the misunderstanding of the causes of geological disasters.Therefore, the prominent problem in the development of transformation is the insufficient emphasis on eco-environmental protection.Resource-exhausted cities must pay attention to ecological construction in the transformation process for keeping the economic and environmental sustainability.


2021 ◽  
Vol ahead-of-print (ahead-of-print) ◽  
Author(s):  
Malin Song ◽  
Chenbin Zheng ◽  
Jiangquan Wang

PurposeThe COVID-19 pandemic is still raging, which calls for an exploration of how to prevent and control pandemics to promote sustainable development. The purpose of this paper is to examine the role of the digital economy in sustainable development, the relationship between the two, the impacts of the outbreak on economic and social development, and changes in China's digital economy.Design/methodology/approachThe study used the time-series data from 2002 to 2019 and an unconstrained VAR model to examine the relationship between the digital economy and sustainable development before the pandemic.FindingsChina's digital economy has promoted the country's sustainable economic and social development; it has advanced rapid economic growth, improved people's living standards, increased efficient utilization of resources, and strengthened environmental protection.Research limitations/implicationsAmid the pandemic, China's digital economy developed effectively; it showed strong resilience because of its unique advantages. The digital economy in China has helped the country to control the pandemic in a short period, reduced the risk of supply chain disruption, promoted China's economic growth, and ensured the orderly operation of society. Therefore, countries worldwide are encouraged to prioritize their digital economies.Originality/valueCompared with the extant literature, this study explores the sustainable supply chain in a broader sense in the context of a pandemic, and how the supply chain is influenced by the digital economy. It not only includes the stability, resilience, and viability of the supply chain in economic development but also involves aspects of people's life, resource utilization, and environmental protection.


Author(s):  
José G. Vargas-Hernández

The aim of this study is to critically analyze the implications in terms of the relationship between cooperation, conflict, and institutional capital, as well as their interactions with trade marketing and environmentally sustainable development policy making under the framework of NAFTA. The methodology is based on a literature review aimed to create a relationship between the analytical variables in order to obtain a research construct. This research model is used to critically analyze the implications in terms of cooperation and conflict relationships as institutional capital and their interactions with trade marketing and environmentally sustainable development policy making. It is concluded that, although the existence of NAFTA is severely questioned, its institutional capital has positive effects on the implications of trade-marketing; however, environmentally sustainable development proves to be conflictive and highly contentious, although some positive effects are developing.


2020 ◽  
Author(s):  
Olha Pizhuk ◽  
◽  
Vasil Muraviov ◽  

The article examines the positive effects and negative consequences of the digital transformation of the national economy in terms of waves of technological progress and the spread of innovation. It is determined that the development of the digital economy is the most obvious result of the wave-like nature of digitalization. A three-sector model of the digital economy is proposed, where the primary sector is its core and includes fundamental innovations (semiconductors, microprocessors), basic technologies (computers, telecommunications devices), stimulating infrastructure (Internet and telecommunications networks); the secondary sector includes services based on basic digital technologies, including digital platforms, mobile applications, and electronic payment systems; tertiary – a digital economy based on a wide range of digital products and services, including e-commerce and new activities or business models that are transformed as a result of digital technologies. A system of indicators has been formed that provides a quantitative interpretation of the economic and social consequences of the process of the digital transformation of the national economy. Such an assessment will help to understand the potential impact of digital transformation on economic growth, which is often uneven, both within the country and between countries with different levels of socio-economic development. This impact was considered in several parameters, including labor productivity, gross domestic product, value-added, employment, as well as for various components of the digital economy. Emphasis is placed on the fact that the net impact on the overall economy is difficult to assess mainly due to the imperfection of existing methods of assessing the digital economy. It was found that the most threatening consequences of the digital transformation are labor displacement, as the exponential change in technology leads to the use of robots, autonomous vehicles, sensors, artificial intelligence, the Internet of Things, changing the workflow towards greater flexibility with the predominant use of temporary labor. The types of work organizations that are likely to be part of the working ecosystem for at least the next 10 years are described.


Author(s):  
José G Vargas-Hernández

The aim of this study is to critically analyze the implications in terms of the relationship between cooperation, conflict, and institutional capital, as well as their interactions with trade marketing and environmentally sustainable development policy making under the framework of NAFTA. The methodology is based on a literature review aimed to create a relationship between the analytical variables in order to obtain a research construct. This research model is used to critically analyze the implications in terms of cooperation and conflict relationships as institutional capital and their interactions with trade-marketing and environmentally sustainable development policy making. It is concluded that, although the existence of NAFTA is severely questioned, its institutional capital has positive effects on the implications of trade-marketing; however, environmentally sustainable development proves to be conflictive and highly contentious, although some positive effects are developing.


Author(s):  
Elya Kurniawati ◽  
Edo Han Siu Adriesse ◽  
Deny Wahyu Apriadi ◽  
Sumarmi Sumarmi

Digital transformation is a new trend in the industrial era 4.0. It leads to a new business pattern known as the digital economy. Indonesian MSME players face obstacles in carrying out the business transformation process which is based on fact that 90% of Indonesian MSMEs are still run conventionally. The problem of resource unpreparedness becomes the background of this research. The purpose of this research is to find out on how (1) digital transformation carried out by MSME players in developing their business? (2) the development of a digital model carried out by MSME players in developing their business? (3) MSMEs do creative and innovative steps so that their businesses can develop? Keywords: Digital Transformation Management, MSMEs, E-Commerce


Author(s):  
Yu. Shedko ◽  
M. Vlasenko ◽  
N. Unizhayev

The digital economy requires the digital transformation of firms. There is no single solution to the digital transformation process. For each company, the process is carried out according to an individual plan. You can use world experience, but in certain segments of the digital economy, the Russian Federation has gone further than other countries. The authors proposed to consider the problems of digital transformation of energy companies separately. Then combine it into a single approach. Digital transformation is much broader than the digitization of the workflow. Often, digitizing documents does not provide the synergistic effect of digital transformation. Digital transformation requires a change in the entire management system. All strategic documents should be reengineered. Digital transformation requires new models and methods that can use the information technologies and artificial intelligence systems that appear in the future. The introduction of blockchain technologies as part of digital transformation will allow changing the centralized management system. This will lead to significant cost savings. Digital transformation has highlighted a problem related to the lack of basic competencies of the digital economy among the leaders of energy firms. It is necessary to solve the identified problem in the shortest possible lines. The article reveals the problems associated with the use of information technologies by energy companies supplied from other countries with the possibility of remote change.


Author(s):  
Maria Tsenzharik

In the article, we will share the experience of implementing PBL at the Master program on Business Management in the Digital Economy held in Saint Petersburg University. Specific conditions for the PBL organization are highlighted. First, digital transformation process is quite difficult to realize in companies, as no clear methodology for its implementation exist yet. Second, pandemic left the only opportunity for online communication, and all usual administration and education processes had to be changed. The experience is structured and presented with recommendations for similar projects. 


Author(s):  
Volodymyr Dubnytskyi ◽  
Nataliia Naumenko ◽  
Olha Ovcharenko

In modern conditions, the problems of structural transformations of regional economies in the context of digital transformation are one of the current problems. This lies on the fact that managing structural transformations, ensuring the economic component, informatization and introducing the requirements of professional competence into practice is also an important condition for improving the competitiveness of regional socio-economic systems (RSESs). It is shown that it is necessary to achieve a certain information competence at the level of regional socio-economic systems to ensure the training of qualified personnel for the needs of the regional economy and ensure the economic security of the region. The work formulates a list of requirements for the transition of regions to the digital economy. It is clarified that the basic version of the methodology for structural transformations of the region's economy should be supplemented by a list of elements. It is shown that it is necessary to adjust the content of structural transformations of the regional and national economy in the context of digital transformation, taking into account the requirements of the digital economy. The principles of structural transformation are highlighted. The main barriers that hinder structural transformations at the regional level are identified, taking into account the specifics of the structure of the economy of specific regions of Ukraine, and taking into account the requirements of the digital transformation process. The model of ensuring economic and information security of the economic complex of the region in conditions of digital transformation is presented. A variant of ranking of regions by the value of the general index of development of the regional digital innovation subsystem is proposed. A concept model for the formation of a regional innovation and information subsystem for adaptation to the requirements of the digital transformation of RSES is developed. A comprehensive logical model of the functioning of the digital platform of the RSES economic complex is also presented. The main directions of future research in solving the problem of structural transformations of the region's economy in the digital economy are highlighted.


Author(s):  
C. Suresh

Modern world digitalization is inevitable. The role of digitalization in the banking sector has altered customers' preferences and demands. The latest innovation and developments in the digital era have affected the banking industry and the effects on the relationship between customers and banks. The banks' new digital focus has to be aligned with other factors in the banks for them to function effectively. The purpose of this study is to investigate how the banks' relationship with customers is affected by this digital focus. It indicates that the relationship with customers has become less personalized and more automated. It also shows that an alignment in the bank has contributed to increased satisfaction among digitally oriented customers.


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