Transformation of the World When Exposed to the Digital Economy

DOI

10.2991/assehr.k.201212.013How to use a DOI?

Keywords

digitalization, state control, national program, digital economy, information and communication technologies

Abstract

The paper covers the main features of national programs for the development of the digital economy in developed countries and the recommendations of international development institutions to developing countries in this regard. Here the authors also demonstrate fundamental differences between the challenges that are set as part of the digital economy growth options. Cultural and psychological barriers matter in a complex environment that requires major transformations due to digital changes. Formation of additional innovations associated with a specific positioning, weak position in Industry 4.0. The Internet of Things can be called a new direction of integration into the world space; it is a kind of paradigm for using cyberspace in the concept of calculating physical objects with built-in interaction technology or with the external environment. The company’s use of the concept of the Internet of Things as a phenomenon can limit the economic and social process that separates the needs of human contribution from the part of actions and operations. It is obvious that Industry 4.0 is not limited to technologies only, because it needs cultural changes due to digitalization. Of course, Michael Eugene Porter’s value chain should be regarded as an integral and complete digital process in business. We are witnessing a complete reorganization of industries with the application and introduction of a new business model, the withdrawal of existing players from the market and the restructuring of production, consumption, transportation and delivery. The paper presents the positive and negative externalities of building the digital economy in Russia. The reasons for these issues, possible positive and negative consequences of digitalization in Russia have been analyzed.

Copyright

© 2020, the Authors. Published by Atlantis Press.

Open Access

This is an open access article distributed under the CC BY-NC license (http://creativecommons.org/licenses/by-nc/4.0/).

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TY  - CONF
AU  - Andrey Petrovich Garnov
AU  - Olga Nikolayevna Bykova
AU  - Victoria Yurievna Garnova
AU  - Ekaterina Yurievna Kamchatova
AU  - Olga Alexsandrovna Elina
AU  - Lyudmila Gennadievna Rudenko
PY  - 2020
DA  - 2020/12/15
TI  - Transformation of the World When Exposed to the Digital Economy
BT  - Proceedings of the International Conference Digital Age: Traditions, Modernity and Innovations (ICDATMI 2020)
PB  - Atlantis Press
SP  - 54
EP  - 59
SN  - 2352-5398
UR  - https://doi.org/10.2991/assehr.k.201212.013
DO  - 10.2991/assehr.k.201212.013
ID  - Garnov2020
ER  -