scholarly journals MAIN TRENDS IN THE DEVELOPMENT OF DIGITAL ECONOMY IN THE WORLD AND UKRAINE

2021 ◽  
Author(s):  
Olga Diachek ◽  
Anna Dotsenko
Keyword(s):  
Financial Services ◽  
Sharing Economy ◽  
Economic Benefits ◽  
Digital Economy ◽  
Digital Data ◽  
Skilled Workers ◽  
The World ◽  
Digital Development ◽  
Digital Gap ◽  
Financial Supervisors

The digital economy is evolving at an incredible pace due to its ability to collect, use and analyze volumes of information (digital data) about anything. The fast-growing segment of e-commerce and sharing economy has become the driving force in the process of creating new workplaces. Digitalization accelerates economic and social processes, making them more efficient and transparent. This article aims to give a comprehensive account of the main aspects of the digital economy development that have an impact on economic systems and tells how economic values, basics and characteristics of the country's digital economy will be created. The main directions of digital development in Great Britain has been studied. As well as that there are shown achievements and problematic areas of the formation of the country’s digital economy. The program based on the BIM-strategy BIS, which is the most ambitious and comprehensive program in the world, has been researched. The problem of the gap in digital skills of population of the country and the shortage of skilled workers employed in digital form has been identified. The current state of the digital economy in Ukraine has been analyzed. In the given analysis of Ukraine's economy in terms of involvement of information and telecommunication technologies, the unevenness of "informatization" depending on industries and sectors has been determined as well as the ways of the country's development to overcome the digital gap between smaller cities and centers, people of different ages, backgrounds and incomes in the digital industry. Digitalization creates not only economic benefits but also risks. The Introduction of ICT in the financial sector increases the efficiency of financial services provided and promotes increasing the financial inclusiveness of the population, but poses financial threats to stability and complicates the work of financial supervisors and regulators. Ukraine has a good chance of reducing "electronic interference", unless the state begins to build regulatory policy in accordance with global practices and will not create artificial barriers to development business. The findings are of direct practical relevance.

scholarly journals Creation of added value in the context of measurement complexity of the digital economy

E-Management ◽  
2020 ◽  
Vol 3 (1) ◽  
pp. 68-74
Author(s):  
Ya. V. Miller
Keyword(s):  
Large Scale ◽  
Business Processes ◽  
International Comparisons ◽  
Value Added ◽  
Digital Economy ◽  
Added Value ◽  
Digital Data ◽  
Demand And Supply ◽  
The World ◽  
Key Indicators

In the last decade unprecedented technological changes have taken place, resulting in the emergence of a fundamentally new economic model. Based on the widespread spread of smartphones, the world has become more “connected”. The digitalization of demand and supply contributed to the creation of entirely new digital markets managed by platform enterprises based on an open business model, that enabled external consumers and producers to connect and interact with each other. A more interconnected world generates vast amounts of data, allowing platform companies to invest in machine learning and artificial intelligence and ultimately improve their efficiency. Finally, a steady digitalization of business processes, markets and global value chains is observed. In these circumstances, approaches to value addition are fundamentally changing in the context of new dimensions of the digital economy, the analysis of which was the purpose of our study. It has been identified, that in the absence of a standardized international methodology for measuring the digital economy, the latter is so far possible on disparate development-left and national statistics. Initiatives taken at the international level to overcome national differential approaches are still insufficient, as there is a lack of statistics and variables related to digital data. It has been revealed, that the lack of quality statistics on key indicators of the digital economy makes it difficult to assess the value added in the world economy scale and international comparisons. Much of the challenges of measuring value added in the digital economy, as shown in the article, are related to the principle of “scale without mass,” the intangible nature of capital, the intense growth of large-scale cross-border data flows, and the emergence of new sources of value creation.

scholarly journals Transformational processes of clustering in digital economy

2021 ◽  
Vol 7 (Extra-C) ◽  
pp. 691-702
Author(s):  
Halyna Samiilenko ◽  
Olha Popelo ◽  
Veronika Khudolei ◽  
Kostyantyn Mashnenkov ◽  
Yuliia Derkachenko
Keyword(s):  
Cluster Formation ◽  
Digital Economy ◽  
Economic Relations ◽  
Current State ◽  
The World ◽  
Digital Development ◽  
Characteristic Features ◽  
Regional Section

Within the article, information on the current state of clustering is systematized,  for which the data on the cluster formations functioning in the world are analyzed, on the basis of which seven world models of clusters are singled out, their main and characteristic features are outlined. The orientation of Ukrainian clusters is clarified, special features are revealed and their characteristics are given. It is proved that modern manifestations of digital economy significantly influence the process of clustering and cluster formation. The analysis of digitalization of Ukraine in the regional section is carried out, grouping of regions on digital development of regions is conducted. The influence of digitalization on the development of socio-economic relations is revealed and outlined. The main transformational changes of modern clustering in the conditions of digitalization are formulated, it is proved that its change led to the appearance of such cluster formations as clusters of digital economy, their concepts, essence, features and advantages are clarified.

scholarly journals Technologies of digital economy as tools for improving quality of life, business efficiency and public administration

2019 ◽  
Vol 2019 (4) ◽  
pp. 29-36
Author(s):  
Maria Vladimirovna Shendo ◽  
Elena Viktorovna Sviridova
Keyword(s):  
Labor Market ◽  
Data Transfer ◽  
Economic Benefits ◽  
Digital Economy ◽  
The Internet ◽  
Computer Engineering ◽  
Digital Networks ◽  
Digital World ◽  
The World ◽  
Internet Of Things Technology

The world gets quickly covered by networks that enable connectivity and data transfer between digital devices. More than 40% of the world's population has access to the Internet. As digital networks spread around the world and the economic benefits of digitalization increase, we are witnessing a digital transformation. The application of digital technologies supports innovations in business and industry, improves the life standards of citizens and efficiency of public administra-tion. Russia has certain prospects in the development of the national digital economy for develop-ing the information infrastructure, finalizing the regulatory framework and providing this process with the appropriate personnel. The role of IT-technologies in the economy of the Russian Federa-tion is indicated, the rating of the digital economies of the world is presented, in which Russia takes 39th place. There have been considered the basic concepts of the digital economy, defined and classified areas of application of its technologies, identified categories of their application with ex-amples of existing projects of the digital economy. A statistical analysis of the prospects of the Russian digital economy has been conducted; the categories of new jobs in the changing labor market are singled out in the framework of digitalization, as well as of the scope of their application. A particular attention is paid to analysis of the Internet of things technology, which has an impact on the surrounding world, including the labor market. Specialties in the IT industry include various disciplines: computer science, computer engineering, and software development. Vacancies in the changing digital world are conditionally classified: “implementers”, “developers”, “improvers”. Conclusions are drawn as a result of the expansion and widespread introduction of digital technol-ogies on the prospects for the development of the economies of each individual state, the estab-lishment of cooperation between countries and solving of many global problems.

Digital economy: e-business and e-Commerce Management

2018 ◽  
Author(s):  
Лариса Лапидус ◽  
Larisa Lapidus
Keyword(s):  
Electronic Commerce ◽  
Computer Games ◽  
Success Factors ◽  
Business Models ◽  
Sharing Economy ◽  
Digital Economy ◽  
The Internet ◽  
Electronic Business ◽  
The World ◽  
On Line

The monograph "Digital Economy: E-Business and E-Commerce Management" is the result of many years of scientific work of Doctor of Economics, Professor of the Faculty of Economics of Lomonosov Moscow State University Lapidus. This is the first complete and comprehensive study devoted to one of the most pressing issues of our time – Digital Economy. Themonographrevealstheessenceofthedigitaleconomy, substantiatesthechangestakingplaceinthemodelsofproduction, distribution, exchange and consumption. The objective reasons for digitalization of economy have been analyzed. The reasons of transition to the new model of joint consumption of Sharing Economy are grounded. The processes of reducing the life cycle of innovations, increasing competition for the Internet audience and a record growth of companies' capitalization are explained. The influence of the digital economy on various spheres of business is shown. Theoretical propositions and practical recommendations for managing e-business and e-commerce are presented in terms of the transformation of business models under the influence of the evolution of digital technologies. The branch peculiarities of e-business and e-commerce development in transport, on-line travel, in catering and in the market of on-line food delivery, in the digital content market in the segment of computer games, in the segment of music services (streaming services) and etc.are studied. The principles of business modeling, the features of building business models for different market segments (B2B, B2C, C2C, etc.), success factors and risks of electronic commerce are disclosed. Particular attention is paid to the world practice of successfully building effective business models of e-business and e-commerce from the birth of a business idea to market launch, embedding e-business tools in the development strategy of traditional companies. The business models Free-to-Play, Freemium-model, Print-on-Demand, Sharing Economy, Full-Crowdsourcing, Donation, etc., the basics of monetizing network communities, the structure of Facebook income, WhatsApp, LINE, success factors and risks of electronic business, features of building an electronic marketing system, managing advertising and business promotion in a digital economy are revealed. Particular attention is paid to innovative e-commerce technologies and their impact on consumer behavior, the formation of new markets and changing the nature of companies that conduct business on the Internet, taking into account the world trends and features of conducting electronic business in Russia. The possibilities of crowdsourcing and crowdfunding, Internet of things (IoT), BIG DATA, artificial intelligence based on Machine Learning technologies, virtual and augmented reality, robotization, 3D printers are considered. Features of management of an infrastructure of electronic business and electronic commerce are revealed.

scholarly journals Personnel management in the context of the development of the digital economy

2021 ◽  
Vol 7 (3) ◽  
pp. 71-83
Author(s):  
Alena M. Patrusova ◽  
Keyword(s):  
Human Resource Development ◽  
Personnel Management ◽  
Management System ◽  
Business Processes ◽  
Digital Economy ◽  
The State ◽  
Digital Data ◽  
The World ◽  
Digital Skills ◽  
Personnel Management System

The problems of adaptation of the state, citizens, organizations to the realities of the digital economy of Russia and the world reveal a number of tasks that require study and search for solutions. The results of the digital economy, depending on its subject, can be different: for the state, it is the improvement of legislation and control over its implementation; for citizens – the availability, reliability of information, as well as the availability of goods and services of appropriate quality; for businesses – strengthening competitive advantages with the use of IT; for innovators promoting the ideas of the digital economy – the implementation of IT solutions in practice, etc. Process management implemented in organizations also requires rethinking in order to digitalize business processes and “embed” enterprises into the digital economic environment of the state and the world. The digitalization of the personnel management sphere requires a revision of the functions of the personnel management system in order to develop and apply new tools in the HR industry, which will make it possible to implement the digitalization of the personnel management system. In the context of the digitalization of society, digital skills and digital competencies have become in demand, the basis of which is information literacy: the ability to work effectively in search engines, knowledge of search operators, the skill to quickly find the necessary information in authoritative sources; the skill of collecting relevant data and conducting research based on large amounts of digital data. The presentation of the skills of a modern employee in the form of such categories as Hard-skills, Soft-skills, Digital-skills, Power-skills is the basis for the implementation of the competence-based approach at the stages of human resource development in an organization that implements the functions of personnel management in the context of the development of the digital economy.

Why continue sharing: Determinants of behavior in ridesharing services

2018 ◽  
Vol 62 (6) ◽  
pp. 725-742 ◽  
Author(s):  
Rocío Arteaga-Sánchez ◽  
Maria Belda-Ruiz ◽  
Alejandro Ros-Galvez ◽  
Alfonso Rosa-Garcia
Keyword(s):  
Environmental Impact ◽  
Service Quality ◽  
Sharing Economy ◽  
Economic Benefits ◽  
Perceived Usefulness ◽  
Social Value ◽  
Continuance Intention ◽  
Goods And Services ◽  
The World ◽  
Managerial Implications

The sharing economy is revolutionizing the way consumers use goods and services. The aim of this study is to understand consumer motivations to be satisfied and to continue using ridesharing services. With this aim, we modify and extend the expectation–confirmation model by including social value as an additional factor to those previously studied in the literature. Data were collected from 258 users of BlaBlaCar, one of the world leaders in ridesharing services. Social value positively affects satisfaction and has the second strongest total effect on continuance intention among the motivations in our model. Our results highlight that satisfaction of ridesharing users is driven by service quality, perceived usefulness, environmental impact, trust, and social value; and that all those factors joined for economic benefits affect continuance intention directly or indirectly through satisfaction. These results have important theoretical and managerial implications.

scholarly journals Economy Digitalization under the wave Nature of Innovation Development

2020 ◽  
Vol 10 (1) ◽  
pp. 36-54 ◽  
Author(s):  
R. M. Nureev ◽  
O. V. Kаrapaev
Keyword(s):  
International Organizations ◽  
Digital Economy ◽  
Digital Data ◽  
Practical Significance ◽  
Government Agencies ◽  
Innovation Development ◽  
Wave Nature ◽  
Digital Development ◽  
Key Factor ◽  
Inductive Methods

The paper is devoted to the consideration of approaches to the study of innovative development frequency and some aspects of the ongoing economy digitalization. The research methodology is based on the innovation theory and the evolutionary theory of economic change. The study was performed using comparative analysis, abductive and inductive methods. The authors proposed to determine the list of technologies of Industry 4.0 based on their influence on the development of the digital economy key factor — digital data. The realization examples of the J. A. Schumpeter’s creative destruction concept by mean of technologies integration that are the basis of the economy digitalization are stated. During the consideration of the innovative context of the economy digitalization, the interrelation of the general patterns of development between the nature of the changes in technological stages in economy and direct natural selection of biological creatures is shown. Having based on the study authors recommend to prioritize the development and / or implementation of the third component of the digital economy, advanced digital technologies, in conformity with the functions they allow to perform extracting the value from digital data. The study may be of interest to government agencies, commercial and international organizations. The practical significance of the study for government agencies, commercial and international organizations consists of the possibility of building strategic and tactical plans for digital development and recording the digitalization results in the context of technologies related to each of the four stages of extracting value from digital data.

scholarly journals The Digital Economy of BRICS: Prospects for Multilateral Cooperation

2020 ◽  
Vol 15 (1) ◽  
pp. 31-62
Author(s):  
Aleksandr Ignatov ◽  
Keyword(s):  
International Development ◽  
Global Governance ◽  
Digital Economy ◽  
Information And Communications Technology ◽  
The European Union ◽  
International Telecommunication Union ◽  
Brics Countries ◽  
The World ◽  
Digital Development ◽  
Further Development

The growth of the digital economy has become the most significant trend in global development. The digital economy creates new impetuses for economic growth, but at the same time it deepens global inequality and impacts the growth of countries of the global South. The role of global governance institutions such as the BRICS grouping of Brazil, Russia, India, China and South Africa — the main representative of developing countries in global governance — in the promotion of digital growth has not yet been fully explored. There is also some ambiguity concerning the development level of the digital economy in particular countries. In the context of Russia’s third BRICS presidency in 2020, issues of digital development in BRICS have become particularly relevant. The author analyzes current indicators of digital development in the BRICS countries, drawing on several existing methodologies, ratings, and decisions made by BRICS on issues of digital growth and levels of compliance, and makes recommendations for the further development of BRICS’ digital agenda. According to data provided by the Organisation for Economic Co-operation and Development (OECD), the International Telecommunication Union (ITU), the World Bank, the World Economic Forum (WEF), the European Union (EU) and the International Development Institute (IDI), the BRICS countries differ in terms of the maturity of their digital economies. They are characterized by a relatively low quality and affordability of digital infrastructure; additionally, the penetration of information and communications technology (ICT) into business and daily activities in BRICS countries lags behind the world leaders, and data on the quality and efficiency of regulatory and innovative frameworks in the BRICS countries is insufficient. However, decisions made by BRICS on matters of digital growth are followed with a high-average level of compliance. Thus, recommendations for the further development of BRICS’ digital agenda are strategic in nature. The author defines three promising areas of cooperation on digital matters during Russia’s 2020 BRICS presidency: facilitation of dialog and exchange of best practices supporting digital growth; development of a common BRICS standard offor the production of digital goods and services and; promotion of a common BRICS position on cybersecurity issues

The Development of the Digital Economy in Vietnam

2020 ◽  
Vol 36 (5E) ◽  
Author(s):  
Nguyen Thi Vu Ha
Keyword(s):  
Financial Services ◽  
Global Economy ◽  
Business Models ◽  
High Growth ◽  
Sharing Economy ◽  
High Growth Rate ◽  
Digital Economy ◽  
Digital Platforms ◽  
Platform Economy ◽  
Digital Entrepreneurship

By 2020, the global economy is in decline in every sector except for the digital economy. The core of the digital economy is the digital sector (IT/ICT). However, the scope of the digital economy is even broader than that, encompassing a set of emerging digital business models such as digital services, the platform economy, the sharing economy, and more. Recently, the digital economy has had a high growth rate and is widely applied to other economic fields, especially in the period of COVID-19. This article aims to analyze the current situation of Vietnam's digital economy development through five key pillars: i) digital infrastructure; ii) digital platforms; iii) digital financial services; iv) digital entrepreneurship, and v) digital skills. Based  on these assessments, the paper gives some recommendations for Vietnam in developing a digital economy.

scholarly journals Factors Affecting The digital Development of The Economy in Western Sumatra

2018 ◽  
Vol 2 (2) ◽  
pp. 21-25
Author(s):  
Siti Rahmi ◽  
Poppy Fauziati ◽  
Erni Febrina Harahap ◽  
Neva Novianti
Keyword(s):  
Economic Growth ◽  
Economic Development ◽  
Digital Economy ◽  
Skilled Workers ◽  
Factors Affecting ◽  
National Economic ◽  
Regression Test ◽  
West Sumatra ◽  
Digital Development ◽  
Digital Transactions

This study aims to provide empirical evidence about the analysis of digital economic development in West Sumatra in supporting national economic growth. The variables tested in determining supporting the development of the digital economy are variables that have an influence on national economic growth. The statistical method used to test the hypothesis of this study is the classical assumption and multiple regression test. The results of this study indicate that an increase in the number of E-entrepreneurship in Indonesia, especially in West Sumatra, is able to give a significant overall effect on national economic growth which is 0.002%. The hypothesis results indicate that the value of digital transactions has a significant effect on national economic growth, but the development of business and development the digital market is not yet significant because it is bigger than alpha 5%. This indicates that in the implementation there are still many challenges faced, especially related to the absorption of skilled workers and can support the e-entrepreneurship. Therefore, it is necessary to analyze the strength of e-entrepreneurship in the digital economy in order to encourage national economic growth.

Sign in / Sign up

Export Citation Format

Share Document