scholarly journals FEATURES OF ENSURING ECONOMIC SECURITY OF ENTREPRENEURIAL ACTIVITY IN THE EPOCH OF DIGITAL TECHNOLOGIES

2020 ◽  
pp. 53-59
Author(s):  
O. V. Korotkova
Keyword(s):  
Communication Systems ◽  
Business Processes ◽  
Digital Technologies ◽  
Economic Security ◽  
Digital Transformation ◽  
Entrepreneurial Activity ◽  
Information And Communication ◽  
The Impact ◽  
Functional Components ◽  
Transformation Processes

The article is devoted to the study of theoretical and applied aspects of the impact of digital technology on business and the process of ensuring the economic security of enterprises. It is shown that a significant aspect of maintaining an enterprise in a state of economic security is the ability to adapt to the changing external environment in which the enterprise operates. The paper considers the main functional components of the economic security of enterprises. The features of the influence of digital technologies on the effectiveness of individual functional components of economic security are investigated. The list of objects of digital transformation processes for enterprises is determined in order to ensure economic security. Digital transformation objects are grouped into three blocks: the infrastructure for ensuring economic security using digital technologies, information and communication systems, business processes and management systems. The features of economic security of entrepreneurial activity and the main factors of the introduction of digital technologies in enterprises are highlighted. The author formulated the main tasks of the economic security system of an enterprise in the context of digital transformations. The basic requirements for creating the appropriate conditions for ensuring transformational information and technological processes are determined.

scholarly journals ESTIMATION OF BUSINESS VALUE AS AN ELEMENT OF FORMATION OF BUSINESS MODELS OF INDUSTRIAL ENTERPRISES AND AGRICULTURAL COMPLEX IN THE CONDITIONS OF DIGITALIZATION OF THE ECONOMY

2020 ◽  
Author(s):  
Maksym Odnorog ◽  
◽  
Mykhailo Pivtorak ◽  
Oksana Zagorodniuk ◽  
◽  
...  
Keyword(s):  
Best Practices ◽  
Business Models ◽  
Business Processes ◽  
New Technologies ◽  
Digital Technologies ◽  
Economic Security ◽  
Digital Transformation ◽  
Enterprise Management ◽  
Industrial Enterprises ◽  
Digital Management

To date, digital technologies and their widespread practice have formed the potential for completely new business models. However, most organizations are either in the early stages of the digital transformation process, or do not yet dare to form a digital business model that will provide real benefits from digital technologies. In any case, taking into account the enormous pace of global digitalization, it is extremely important to adapt the best practices of digital transformation to the improvement of the Ukrainian economy as soon as possible. Based on this, consider the process of researching new and adapting existing management models. Digital transformation – the introduction of modern technologies to radically change the business models of enterprise management today is considered the most important topic for organizations around the world. The requirements of the new digital economy represent the digital transformation as a conscious strategic process of business modification through adaptive management and implementation of digital technologies, ie the restructuring of existing business models. The same happens at industrial and agro-industrial enterprises, the analog period of which is coming to an end. Industries are entering the digital age, thanks to which enterprises are developing in accordance with the new focus. For this reason, it is very important for the formation of digital models of enterprise management to strategically understand the possibilities of digital technology development in their connection with business processes and business models. The analysis of the main traditional models of effective management of enterprises was carried out and their fundamental differences from the Ukrainian approach to management were revealed, the possibilities of implementation of the principles of existing business models by Ukrainian enterprises were considered. In addition, a roadmap for the transition from a traditional to a digital enterprise was proposed for consideration. The process of modeling the digital management system of the enterprise is revealed. Currently, a prerequisite for the prosperity of the economy of industry and agriculture and, consequently, the economy of Ukraine, is adaptive digital management as a basis for economic security of the enterprise. It was found that the relentless introduction of digital technologies, «copying best practices» can later be in reality as dangerous as the refusal to master new technologies. Therefore, choosing the direction of your own digitization, you must first study everything thoroughly, so as not to miss the moment and not to remain in the ranks of the latter or in the past.

scholarly journals On the Impact of Information Technologies Secondary-School Capacity in Business Development: Evidence From Smart Cities Around the World

2021 ◽  
Vol 12 ◽  
Author(s):  
Virginia Barba-Sánchez ◽  
Luis Orozco-Barbosa ◽  
Enrique Arias-Antúnez
Keyword(s):  
Secondary School ◽  
Smart City ◽  
Information Technologies ◽  
Business Processes ◽  
Smart Cities ◽  
Building Blocks ◽  
Digital Transformation ◽  
Entrepreneurial Activity ◽  
Skilled Workers ◽  
The Impact

Smart City initiatives across the globe have spurred increasing demand for high-skilled workers. The digital transformation, one of the main building blocks of the Smart City movement, is calling for a workforce prepared to develop novel business processes. Problem-solving, critical and analytical thinking are now the essential skills being looked at by employees. The development of the so-called STEM curriculum, Science, Technology, Engineering, and Mathematics is being given a lot of attention by educational boards in response to preparing young generations for the Smart City work market. Based on the IMD Smart City Index, PISA, and World Bank reports, we develop a model for assessing the impact of the IT secondary school capacities on Smart-City business developments. The model reveals the relationship between the technological capacity of the secondary-school, and the business activity of a Smart City. Moreover, the study shows the existence of a positive relationship between the IT capacity of secondary schools and the resulting entrepreneurial activity of the city. Our results are of interest to decision-makers and stakeholders responsible for designing educational policies and agents involved in the digital transformation and development of Smart Cities initiatives.

Digital Technologies in Wholesaling and Retailing

2021 ◽  
pp. 1297-1312
Author(s):  
Felix Weber
Keyword(s):  
Technological Innovation ◽  
Business Processes ◽  
Digital Technologies ◽  
Radical Change ◽  
Point Of View ◽  
Social Trends ◽  
Framework Conditions ◽  
The Impact ◽  
Transformation Processes

The ever increasing intra- and inter-competition, increased costs, and a lower differentiation margin have led to intense competitive pressures within the domains of wholesaling and retailing. At the same time, the increasing digitization due to technological innovation will radical change the economical and procedural fundamentals. In addition, from an entrepreneurial point of view, it must also be considered that the complexity of decision-relevant framework conditions has increased. Digitalisation is therefore to be seen as an essential driver for optimising business processes and as the basis for a new understanding of products and services. However, it cannot be considered independently of other social trends. The chapter will elaborate the underlying drivers and technological trends empowering the transformation processes within the domain of wholesaling and retailing. Starting from these major drivers we will scrutinize the impact of technological advancements and the opportunities, risks and constraints which are connected with it.

Infrastructure Support for the Innovative Transformation of Business Structures in the Digital Economy

2021 ◽  
Vol 26 (11) ◽  
pp. 1210-1216
Author(s):  
N. P. Golubetskaya ◽  
A. V. Kurlov
Keyword(s):  
Business Processes ◽  
System Analysis ◽  
Consumer Preferences ◽  
Digital Technologies ◽  
Economic Security ◽  
Digital Economy ◽  
Global Market ◽  
Regional Economic ◽  
Information And Communication ◽  
Business Structures

Aim. The presented study aims to develop conceptual approaches to the formation of infrastructure for the innovative transformation of entrepreneurship in the digital economy, which would make it possible to optimize the management system of regional economic entities aimed at creating a favorable climate for the generation, development, and implementation of innovations in the Russian socioeconomic system.Tasks. The authors analyze conceptual approaches to the formation of a system of infrastructural support for the innovative transformation of business structures based on a comprehensive analysis of the parameters of its subsystems; substantiate priority directions for the development of regional infrastructure with a view to ensuring sustainable operation of economic entities; propose scenarios for the formation of regional infrastructure based on digital technologies for the transformation of innovation activities of companies.Methods. This study is based on the classical corporate life cycle theory, which includes mechanisms and organizational structures that facilitate the sustainable development of business structures in the digital economy. Theoretical and practical recommendations for innovation management and system analysis of the formation of competitive advantages of regional economic entities are used with allowance for current trends in the world economy and geopolitical risks.Results. Infrastructure support for the innovative transformation of business structures in the digital economy should allow for the reloading of the logistical, technological, financial, economic, informational, personnel, and communication units of the company’s integrated functioning system. Digital technologies transform system-wide, strategic, marketing, information, and communication methods of development and implementation of management decisions within regional socio-economic systems.Conclusions. Infrastructure support for the innovative transformation of business structures largely depends on the use of digital methods that allow for the implementation of information and communication platforms making it possible to optimize the organizational management structures of companies. The effectiveness of innovative transformation can be increased by accelerating and simplifying business processes; increasing the level of transparency and reliability of procedures performed on the web and implemented in business applications; structural transformations of forms of interaction with customers based on modern interfaces and access to complete information about consumer preferences; ensuring the availability of services provided on a cloud platform; achieving a high level of security of the knowledge base. Digital technologies have made the effectiveness of company management more dependent on the parameters of economic security and indicators of the quality of the information and communication infrastructure used at all stages of the functioning of the regional socio-economic system. Business communications in the global market of goods and services are accelerating and simplifying.

Regional Supply Chains: Modern Challenges

2021 ◽  
Vol 27 (8) ◽  
pp. 622-632
Author(s):  
F. D. Wende ◽  
K. Kh. Zoidov ◽  
M. A. Ponomareva ◽  
D. V. Shvandar
Keyword(s):  
Supply Chains ◽  
Communication Systems ◽  
Digital Technologies ◽  
Competitive Advantages ◽  
Development Programs ◽  
Analysis Theory ◽  
Speed Performance ◽  
Information And Communication ◽  
Commercial Organizations ◽  
The Impact

Aim. The presented study aims to analyze practical scientific approaches involving the use of digital technologies concerning the operation of regional supply chains.Tasks. The authors identify the major tendencies and trends associated with digitalization in regional supply chains; assess the impact of the benchmarking of regional supply chains as well as new forms and technologies used for stabilizing the movement of information and commodity flows during the period of quarantine restrictions.Methods. The methodological basis of this study includes the methods of evolutionary institutional theory, systems analysis, theory of industrial and technological balance, and general scientific research methods (analysis, synthesis, graphical methods, induction, deduction).Results. The study substantiates the need to standardize and unify digital systems and platforms for more efficient interaction between the participants of supply chains, including executive authorities. Large industrial and/or commercial organizations can become the driving force in this area due to their ability to invest in next-generation information and communication systems as well as to participate in the activities of industrial unions and associations that have lobbying resources that allow them to be included in regional digital entrepreneurship development programs, thus providing access to the digital infrastructure of the region. As part of the implementation of a follow-the-leader strategy, medium and small enterprises that serve as links in the supply chain will increase the level of digital business infrastructure to accelerate and improve interaction with partners. In turn, this will increase the speed, performance, and efficiency of regional supply chains, thereby enhancing their competitive advantages in the Russian market.Conclusions. The presented practical scientific approaches to analyzing modern challenges in relation to the operation of regional supply chains will make it possible to determine major trends associated primarily with the use of digital technologies. Big data analysis will make it possible to segment stock for each commodity item and monitor it in real time. Being prepared for changes will allow enterprises and organizations to enhance their competitive advantages even under unfavorable economic conditions.

IMPACT OF DIGITAL TRANSFORMATION ON STRATEGIC RENEWAL OF COMPANIES

2021 ◽  
Vol 3 (9) ◽  
pp. 82-86
Author(s):  
S. M. MOLCHANOVA ◽  
Keyword(s):  
Business Strategy ◽  
Business Processes ◽  
Production Systems ◽  
National Policy ◽  
Digital Technologies ◽  
Digital Transformation ◽  
Technological Innovations ◽  
Strategic Renewal ◽  
Modern Development ◽  
The Impact

The article examines the impact of digital transformation on the strategic renewal of companies. Problems in the diffusion of technological innovations caused by the lack of a coordinated national policy in the field of Industry 4.0 are identified. The influence of the modern development of digital technologies on modeling in the design and operation of production systems, the sustainability and flexibility of the supply chain and the automation of existing activities and business processes is emphasized. Realizing the potential of digital trans-formation is associated with a change in innovation ecosystems, redesign of the management structure, trans-formation of business strategy and changes associated with the acceleration of technological cycles, the fu-sion of science and artificial intelligence.

scholarly journals Influence of digitalization on the development of social entrepreneurship in the regions of Russian Federation

2021 ◽  
Vol 128 ◽  
pp. 01022
Author(s):  
Anna Veretennikova ◽  
Kseniya Kozinskaya
Keyword(s):  
Russian Federation ◽  
Social Entrepreneurship ◽  
Institutional Environment ◽  
Digital Technologies ◽  
Digital Transformation ◽  
Social Enterprises ◽  
The Russian Federation ◽  
Almost All ◽  
The Impact ◽  
Transformation Processes

The development of social entrepreneurship as a relatively new form of solving social problems depends on many factors, particularly on the institutional environment and its digitalization. Information processing systems and various activities associated with digital technologies affect almost all aspects of economic activity. This study aims to analyze and substantiate the impact of digital transformation processes on social enterprises in the regions of the Russian Federation. Regression and correlation analysis was used as a research method. In the course of testing the hypothesis about the influence of the digital component on the development of social entrepreneurship, the importance of investment in informatization and communications and the share of the population using the Internet in a particular region are shown.

scholarly journals THE IMPACT OF DIGITALIZATION ON THE EFFICIENCY OF THE SALES CYCLE

2021 ◽  
Vol 9 (7) ◽  
pp. 204-206
Author(s):  
D. M. Kongo
Keyword(s):  
Business Processes ◽  
Digital Technologies ◽  
Digital Transformation ◽  
Scientific Article ◽  
Construction Sector ◽  
Construction Company ◽  
Russian Economy ◽  
The Impact ◽  
Research Analysis

The scientific article is devoted to the research analysis of promising directions for improving the work of the sales department of a construction company through the digital transformation of business processes and the implementation of ready-made IT solutions. The relevance of the study is due to the digital transformation of the construction sector of the Russian economy, which is why an increasing number of competing organizations are introducing the latest technologies in managing the efficiency of their sales. Within the framework of the article, the characteristics of the directions of digitalization of the company's commercial sales cycle are considered. The advantages and efficiency, which is formed through the use of digital technologies and ready-made IT solutions, are analyzed.

scholarly journals The Impact of Digital Transformation on the Company's Financial Growth

2019 ◽  
Vol 8 (4) ◽  
pp. 8929-8935
Keyword(s):  
Fuzzy Sets ◽  
Sales Management ◽  
Digital Technologies ◽  
Digital Age ◽  
Scientific Understanding ◽  
Digital Transformation ◽  
Dialectical Logic ◽  
Financial Growth ◽  
The Impact ◽  
Transformation Processes

The article substantiates the relevance of scientific understanding of those changes in the activities of companies that are observed during the development and application of digital technologies. The article highlights the positions of dialectical logic, explains the reasons for the transformation processes in the digital age, in accordance with which today the conditions for the activities of companies are changing. It is clear that the digital transformation includes purchases, sales, management of logistics, expenses, promotion of advertising, production. An model for maximizing profits for an enterprise using the apparatus of fuzzy sets is constructed, parameters that affect profit are determined..

scholarly journals Digital economy. IT strategy of the company development

2018 ◽  
Vol 170 ◽  
pp. 01034 ◽  
Author(s):  
Alexandra D. Borremans ◽  
Irina M. Zaychenko ◽  
Oksana Yu. Iliashenko
Keyword(s):  
Economic Development ◽  
Business Processes ◽  
Digital Technologies ◽  
Digital Transformation ◽  
It Strategy ◽  
Strategy Formation ◽  
Social And Economic Development ◽  
Socio Economic Development ◽  
The Russian Federation ◽  
The Impact

The article describes the impact of digital technologies on the level of social and economic development of the society, provides a rating of the largest IT companies in terms of the volume of business capitalization. The necessity of digital transformation of the management of the socio-economic development of society and organizations is substantiated. The problems of transition to a digital basis for managing the economy in the Russian Federation are revealed. The model of IT strategy formation for digital transformation of business processes at the enterprise is formed. As a tool for selecting the most preferred IT strategy of an enterprise in any industry, a matrix of possibilities for implementing an IT strategy for the enterprise is proposed.

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