Digitalization of Ukraine’s Economy: Current State and Creating Competitive Advantages

DOI

10.2991/aebmr.k.210318.008How to use a DOI?

Keywords

Digital economy, innovation, IT industry, competitive advantages

Abstract

Recently, the transition to a knowledge-based economy and information society has become increasingly dynamic, and the countries that have succeeded in mastering digitalization demonstrate economic success in the international arena and attracting attention as countries capable of meeting modern globalization challenges. This updates the study of digitalization in order to take advantage of it, minimize its risks and improve the country’s position in the global environment. The article analyzes the development trends and volume of the digital economy in Ukraine, identifies obstacles to its development and substantiates the directions of creating competitive advantages of the country in modern conditions. The need for the introduction of innovative technologies has been identified, which becomes crucial for the continued existence of the country’s economy, which emphasizes the need to change the principles of functioning of the economic system. The conclusion on expediency of increase of personnel, intellectual and technological advantages, formation of a flexible regulatory base for introduction of digital technologies in all spheres of life is made.

Copyright

© 2021, 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/).

Download article (PDF)

TY  - CONF
AU  - Oleksandr Kendiukhov
AU  - Kateryna Yahelska
AU  - Nataliia Shakina
PY  - 2021
DA  - 2021/03/18
TI  - Digitalization of Ukraine’s Economy: Current State and Creating Competitive Advantages
BT  - Proceedings of the 1st International Scientific Conference "Legal Regulation of the Digital Economy and Digital Relations: Problems and Prospects of Development" (LARDER 2020)
PB  - Atlantis Press
SP  - 40
EP  - 49
SN  - 2352-5428
UR  - https://doi.org/10.2991/aebmr.k.210318.008
DO  - 10.2991/aebmr.k.210318.008
ID  - Kendiukhov2021
ER  -