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1
Popov, G. S. "The impact of digitalization on corporate strategy in the heat-power industry." Russian Journal of Industrial Economics 17, no. 2 (2024): 183–93. http://dx.doi.org/10.17073/2072-1633-2024-2-1180.
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The article analyzes 8 directions areas of digitalization that affect corporate strategizing in the heat-power industry, classifies this direction into demanded and prospective, and conducts an OTSW analysis of these directions and their features that have a significant impact on the development of the industry. The main objectives of the study were to study the strategic trend of digitalization in the context of the heat-power industry, analyze the application and relevance of the main aspects of digitalization in strategic public documents of heat generating companies in Russia such as PJSC “Gazprom Energoholding”, PJSC “T-Plus”, PJSC “Quadra”, and identify prospects and the problems they face in the context of the current level of digitalization. The main methodological school on which the research is based is the scientific school of strategy by V.L. Kvint.The article emphasizes the important role of digitalization as one of the leading drivers of development of the heat-power industry and demonstrates examples of digitalization of operational processes of the heat generating companies. The OTSW analysis reveals negative characteristics of the digitalization trend, mainly associated with economic costs that limit its active implementation in the industry. The conducted research leads to the conclusion that digitalization is not only a trend, but also a global investment project for the heat generating companies and for the industry as a whole, stimulating investments increase in complex technological virtual and material systems and devices.
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Lee, Yan-Yin, Mohammad Falahat, and Bik-Kai Sia. "Impact of Digitalization on the Speed of Internationalization." International Business Research 12, no. 4 (2019): 1. http://dx.doi.org/10.5539/ibr.v12n4p1.
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Digitalization combined with globalization is the current megatrend that impacting the international business landscape and creates opportunities for new business models. Embracing digitalization enables firms for speedy internationalization. Although the phenomenon of early internationalization has received increasing attention in the field of International Entrepreneurship over the past decades, however, there is a lack of focus on the role of digitalization that allows a higher speed of internationalization. This paper proposes a model that highlights the moderating role of digitalization on international business competencies and speed of internationalization. We argue that small and medium enterprises able to enter international markets more rapidly due to the impact of digitalization. This study addresses a gap in the literature and practical development needs for better understanding the impact of digitalization on the speed of internationalization. The limitations and implications of this study will be discussed for theoretical development and future research direction.
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C., K. Hebbar. "Impact of Digital India on Education System." International Journal of Case Studies in Business, IT, and Education (IJCSBE) 4, no. 2 (2020): 65–70. https://doi.org/10.5281/zenodo.3988884.
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Digital education is a campaign initiated by the Indian Government to move towards a new direction and ensure that education services are made accessible electronically to a student through enhanced online infrastructure. This paper is focused largely on both primary and secondary data. Primary data is collected primarily from the education sector by lectures and students about how much they like emerging technologies. Since changes are happening anyway, the best thing is to know more about them, so we can lay hold of them and turn them in the direction of our wishes.
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Khalin, Vladimir G., Galina V. Chernova, and Svetlana A. Kalayda. "Digitalization Risks and Their Management." Administrative Consulting, no. 3 (183) (June 7, 2024): 67–85. https://doi.org/10.22394/1726-1139-2024-3-67-85.
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Digitalization, as the most important trend in the modern development of the economy and society, can be accompanied by not only positive but also negative consequences. In order for it to have only a positive impact, it is necessary to fulfill the requirements that it presents to society in the form of the content of the challenges. In the case when these requirements are not met, there is a threat of negative consequences of the impact of digitalization, which are proposed to be described through risk. The article proposes to solve the problem of enhancing the positive and reducing the negative impact of digitalization on the activities of a certain subject and/or on the content of any object impacted by digitalization on the basis of the creation and implementation of a Comprehensive Digitalization Risk Management Program. It includes Program N 1 for managing risks caused by the impact of digitalization on a certain area of society; Program N 2 for managing risks caused by the use of main digitalization products; Cyber Risk Management Program N 3 or Information Risk Management Program N 4, of which Program N 3 is a part. Each of these programs contains 2 parts: part 1 contains management decisions developed independently, part 2 contains management decisions to implement the requirements of regulatory legal acts, as well as national and interstate standards that implement risk management of information security violations at the state, interstate or industry levels level.
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Krasyuk, Irina, Marina Yanenko, Irina Asfondiarova, Ksenia Illarionova, Nina Katkova, and R. R. Muhutdinov. "Marketing tools for the digitalization of trade." E3S Web of Conferences 381 (2023): 01046. http://dx.doi.org/10.1051/e3sconf/202338101046.
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The Digital Revolution had a significant impact on the sphere of circulation in general, and on trade in particular. The use of online marketing communication tools allows vendors to target their offers and select information or marketing messages based on the individual interests and behavior of consumers. Analyze the impact of digitalization on the marketing activities of trading companies. As a result, the author's approach to the digitalization of trading companies has been developed. This involves the construction and adaptation of the marketing structure in trading companies, which depends on the range of consumer values. The direction for further scientific research by the authors involves studying the impact of marketing tools on the digital processes of trading companies.
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Reunova, Lyudmila, Zarema Namitokova, and Madina Alikaeva. "IMPACT OF DIGITALIZATION ON THE WORLD ECONOMY DEVELOPMENT." MEST Journal 11, no. 2 (2023): 65. http://dx.doi.org/10.12709/mest.11.11.02.08.
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<p class="Summary"><em>The choice of this research topic is reasoned of the relevance of the digital economy in the modern world. It impacts the economies of various countries, both at the micro and macro levels, as well as their economic growth trends. The relevance of a systematic study of digitalization is a priority both at the global and regional levels. The aim of the study is a statistical assessment of the impact of digitalization on world economic development, as well as a digitalization assessment on all levels of the world countries. To achieve this goal, the following research tasks were identified: to assess the current level of development of the digital economy, study the impact of digitalization on GDP, and identify trends and prospects for digitalization as a global process. The methodology of the research conducted by the authors is based on general scientific methods of cognition: analysis and synthesis, historical and comparative methods. The study of the state and development of the digital economy conducted by the authors made it possible to identify and determine the motivational direction of introducing digital technologies by organizations and companies, due to obtaining competitive advantages. All conditions and opportunities have been created in full to implement the development of the digital economy in many countries.</em></p>
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Anisimov, A. Yu, M. A. Plakhotnikova, and A. A. Grabsky. "DIGITALIZATION OF BUSINESS PROCESSES OF A METALLURGICAL ENTERPRISE AS A SUSTAINABLE DEVELOPMENT DIRECTION." Surgut State University Journal 11, no. 4 (2023): 6–15. http://dx.doi.org/10.35266/2949-3455-2023-4-1.
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The article discusses the results of the analysis covering the current state of the external business environment of metallurgical enterprises and the level of digitalization of significant metallurgical leaders in Russia. Based on them, the authors examined the possibilities and risks that are associated with the digitalization of the metallurgical industry, as well as their effects on the competitive ability of such industry in Russia in general. The general analysis of the metallurgical industry portrays the economic and political instability caused by supply chain disruption, anti-Russian sanctions, the downturn driven by the coronavirus pandemic and general geopolitical tension that has been dictating the performance of metallurgical enterprises for a long period and thus affects their sustainable development. The authors analyzed findings of the SWOT analysis of metallurgical enterprises, using Severstal PJSC as an example, and developed strategic reactions that serve as the foundation for the development of the digitalization strategy of the metallurgical industry. In addition, the evaluation of the connection between the level of digitalization of metallurgical enterprises’ performance and their profitability demonstrates that there is a direct connection. The level of digitalization of business processes of a metallurgical enterprise has a direct impact on its competitive ability, implying the necessity to establish a set of strategic reactions that make it possible to develop a strategy for digitalization of metallurgical enterprises’ business processes. This strategy helps increase their performance and minimize risks, resulting in an increase in the efficiency and competitive ability of the Russian metallurgical industry on the global market. The evaluation of the efficiency of the digitalization strategy proposed reveals that its successful implementation contributes to a significant increase in the metallurgical enterprises’ profitability.
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Zhang, Chuanxi, and Wenzhang Zhou. "New Direction of Sustainable Urbanization: The Impact of Digital Technologies and Policies on China’s In Situ Urbanization." Buildings 12, no. 7 (2022): 882. http://dx.doi.org/10.3390/buildings12070882.
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As part of the process of sustainable urban planning in China, digital technologies have led to major practical and academic concerns. However, few scholars have focused on the impact of digital technologies on in situ urbanization from a policy–technology perspective. This interdisciplinary work aims to analyze how digital policies and their technologies contribute to the transformation of in situ urbanization patterns. This study follows the structure of law and policy research regarding the path of phenomenon presentation–institutional analysis–limitation interpretation. First, the legislation and policies for digitalization of the countryside has drastically changed the logic of how traditional in situ urbanization works. The concept of in situ urbanization 2.0 is used to describe this new phenomenon. Second, historical legitimacy, performance legitimacy, and socially sustainable reproduction are three reasons why rural digitalization reform has triggered in situ urbanization 2.0. Finally, the double dilemma of overreliance on technological change in the in situ urbanization 2.0 process is pointed out; these dilemmas need to be addressed through legislation and policy adjustments. Four recommendations for action are proposed to address these dilemmas. The findings of this research contribute to the literature on sustainable urban planning and rural digitalization reform.
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Dyussembekova, Maira, Yerkebulan Amantayev, and Guliziyi Baishan. "DIGITAL TECHNOLOGIES AND THEIR IMPACT ON THE EDUCATIONAL POLICY OF THE STATE." Qogam jane Dauir 73, no. 1 (2022): 52–61. http://dx.doi.org/10.52536/2788-5860.2022-1.04.
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Digital technologies are becoming an increasingly prominent feature of modern education. The educational value of digital technologies has been reinforced by the widespread use of digital educational resources during the pandemic. Thus, the hope that digital technologies can transform education in the direction of empowerment and influence the economic efficiency and competitiveness of the country, despite their uneven history to date, is actively promoted. The purpose of the study is to identify the difficulties of introducing digital technologies into the domestic education system and the directions of their improvement. The article also presents the results of the analysis of the work on the introduction and use of digital technologies in the national education systems of the leading countries of Europe and the Republic of Kazakhstan in particular. This study allowed us to conclude that the introduction of digitalization into the domestic education system creates new difficulties, such as misunderstanding of the processes taking place, insufficient funding, and others. However, it should be noted that countries can reach a new level of digitalization of the economy only with the targeted support of the state.
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Khamdamova, Firuza. "THE IMPACT OF DIGITAL TECHNOLOGIES ON HUMAN RIGHTS." Tsul legal report 2, no. 1 (2021): 134–45. http://dx.doi.org/10.51788/tsul.lr.1.1./ohil3931.
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The article is devoted to the impact of digital technologies on human rights. The author underlines that on the one hand digital technologies have positive impact on human rights, on the other hand there are negative consequences of digitalization on human rights. The article provides an overview of international standards as well as best foreign experiences in this regard. Special attention is paid to the consideration of measures taken in Uzbekistan in this direction. In conclusion, the author puts forward a number of recommendations for improving international and national mechanisms to ensure human rights in the period of digital transformation.
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Meleshko, Yu. "BUSINESS MODELS DIGITALIZATION OF ENTERPRISES BELARUSIAN INDUSTRIAL COMPLEX: DIRECTIONS, RISKS AND TOOLS." Экономическая наука сегодня, no. 13 (May 6, 2021): 61–74. http://dx.doi.org/10.21122/2309-6667-2021-13-61-74.
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The article is devoted to the study of business models digitalization of the national industrial complex on the example of the Republic of Belarus. Considering the business models digitalization as an integral part of digital transformation, following the production and industrial services digitalization, the author substantiates the need, when choosing new digital technologies introduced into production, to take into account their impact on the transformation of business models. As a promising direction for improving the business models digitalization of the Belarusian industrial complex enterprises, the author highlighted the expansion of the functional use of digital platforms to attract additional resources and competencies of partners, establish direct contacts with consumers, obtain information about the state of the market and quickly exit to international markets. Taking this into account, as well as the potential risks of business models digitalization (risks of cyber attacks, risks of technological dependence, risks of supply shortages, risks of data redundancy, risks of losing critical skills, risks of monopolization, risks of economic security), the author proposed practical recommendations for the development of digitalization of enterprises of the national industrial complex of the Republic of Belarus.
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Битюкова, Т. А. "Higher economic education: modern requirements and the impact of digitalization." Экономика и предпринимательство, no. 5(130) (June 25, 2021): 1016–19. http://dx.doi.org/10.34925/eip.2021.130.5.198.
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В статье рассматривается взаимосвязь образовательных стандартов по укрупненной группе Экономика. Проводится оценка возможностей унификации дисциплин и профессиональных требований в условиях цифровизации и перехода на смешанный тип обучения. Новый формат обучения студентов, в том числе удаленно с использованием цифровых технологий требует более осторожного и аккуратного выбора профилей (программ) подготовки внутри каждого направления. Рассматриваются разные подходы к формированию профилей подготовки с учетом международного опыта. The article deals with the relationship of educational standards in the enlarged group of Economics. The assessment of the possibilities of unification of disciplines and professional requirements in the conditions of digitalization and transition to a mixed type of training is carried out. The new format of teaching students, including remotely using digital technologies, requires a more careful and accurate selection of training profiles (programs) within each direction. Different approaches to the formation of training profiles are considered, taking into account international experience.
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Saiko, V. R., and H. Y. Luchko. "Tendencies in Development of Digitalization in Ukraine." Business Inform 7, no. 522 (2021): 109–14. http://dx.doi.org/10.32983/2222-4459-2021-7-109-114.
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The article is aimed at researching the interpretations of the concept of «digitalization», formulating the authors’ own definition of the concept, analyzing tendencies in the development of digitalization, studying its impact on business and other sectors of the economy and determining perspective directions of digitalization in Ukraine. The article defines that stiff competition in the context of globalization, dynamic changes in the external environment, and the COVID-19 pandemic challenged all sectors of the economy, forcing them to look for new innovative ways to stay in the market. It is determined that only those areas of business that managed to quickly begin the transition to electronic systems were able to adapt to the new conditions of existence, which allowed them to keep on the market and even increase their profits. Digital technologies are becoming the trend of our time, and digitalization increasingly covers all spheres of life. The introduction of digital innovations allows companies to ensure stable, efficient future operations and market competitiveness. Based on the analysis of the definitions of different authors, the article proposes its own interpretation of the concept of «digitalization». The main advantages of digitalization are also considered and allocated. The research carried out by the authors allowed distinguish priority directions for the implementation of digitalization in Ukraine, namely: medicine, digital marketing, education, public services, and culture. The article explains what results in these areas have already been fulfilled in the direction of digitalization and proposes actions that should be implemented in the future. The development of an efficient system of digitalization of business and the State is a powerful lever of influence on the development of the economy of Ukraine. The carried out research indicates the objective need for further active digitalization of the priority directions identified in the article, which will facilitate the transparency of doing business in all sectors of the economy and public administration in Ukraine.
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Malenkov, Yury, Irina Kapustina, Galina Kudryavtseva, Victor V. Shishkin, and Victor I. Shishkin. "Digitalization and Strategic Transformation of Retail Chain Stores: Trends, Impacts, Prospects." Journal of Open Innovation: Technology, Market, and Complexity 7, no. 2 (2021): 108. http://dx.doi.org/10.3390/joitmc7020108.
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The study of the transformation of retail chain stores (RCS) due to the impact of digitalization on them is a new problem. The main part of modern scientific research is devoted to separate directions of digitalization and does not consider conceptual aspects of these processes. The purpose of this article is to fill the existing research gap through the development of a new system concept of the digitalization impact on RCS transformations. The study shows the need to clarify the understanding of RCS strategic transformation caused by the drivers of different digitalization processes, which are not well understood today and are not taken into account when developing digitalization strategies. This situation has an extremely negative effect on the quality of RCS development and its competitiveness. The article consistently examines insufficiently covered problems in scientific literature and offers a new conceptual approach to the impact of digitalization on companies with regard to RCS transformation. New digitalization trends and their drivers have a deep impact on RCS transformations. A new system model is needed that integrates superdrivers and the impact of digitalization on the RCS transformation. Causal and heuristic forecasts of prospects, trends and results of digitalization, including contradictory results of AI development are included. We used materials from large retail chains “Magnit”, “Perekrestok” and “M.Video-Eldorado Group”. The research methods used were system modelling, cause and effect links building and heuristic forecasting based on logical models. The main results will be useful for researchers, managers, entrepreneurs and students in developing a clear understanding of digitalization development and its impacts, in order to better work out digitalization strategies and for the development of new directions of scientific research.
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Chen, Sijie, and Zhaobo Tang. "The Impact of Enterprise Digital Capability on Supply Chain Digitalization—From the Perspective of Supply Chain Cooperation." Journal of Theoretical and Applied Electronic Commerce Research 19, no. 4 (2024): 3051–66. http://dx.doi.org/10.3390/jtaer19040147.
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This paper explores in depth the mechanism of enterprise digital capability effects in supply chain digital development by reconstructing the supply chain cooperation capabilities (digital diffusion capability and digital collaborative capability). We use the questionnaire data covering 272 Chinese manufacturing enterprises and apply a structural equation model to test the hypothesis. The empirical result demonstrates that enterprise digital capability does not directly have a significant impact on supply chain digitalization, and the supply chain cooperation capabilities play a mediating role between an enterprise’s digital capability and supply chain digitalization. The results are robust as we thoroughly consider the direction of enterprise capabilities and verify the systematic requirements of supply chain digitalization and the high order of enterprise digital capability. These provide a theoretical basis for enterprises to promote the digital transformation of their supply chain through digital technology.
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Bogachev, Yurii Sergeevich, and Suzanna Robertinovna Bekulova. "Improvement of Digitalization Support Institutions as a Strategic Direction for Improving the Technological level of the Russian Manufacturing Industry." Национальная безопасность / nota bene, no. 3 (March 2023): 79–91. http://dx.doi.org/10.7256/2454-0668.2023.3.43718.
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The digital transformation of industry is one of the priorities of the development of the economy of the Russian Federation, as the introduction of modern technologies in production has a positive impact on the development of other industries. The basis for the introduction of digital technologies in industry is the desire for a comprehensive increase in efficiency and the creation of conditions for the successful operation of industries. Increasing the effectiveness of institutional support for the digitalization of Russian industry is especially relevant in the context of increasing geopolitical tensions. In this regard, the authors conducted a study aimed at analyzing the organizational structure of tools to support digitalization of the manufacturing industry and developing recommendations for its improvement. The authors analyzed the structure of the institutions of digitalization of the Russian industry, which includes six main institutions. Priority technologies and directions for the development of digitalization of industry corresponding to global trends are highlighted. According to the authors, in order to create a single digital space, a single platform can be created on which institutions can be located and interaction between them can be organized through the allocated priority technologies. Based on the results of the analysis of the organizational structure of tools to support the digitalization of the manufacturing industry, proposals have been developed to create a system of digitalization of the Russian industry that meets the level of threats to the Russian economy from the alliance of countries led by the United States.
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Run, Keriya, and Kyung-Lim Shin. "The Impact of Digitalization on Economic Growth in ASEAN." Korea International Trade Research Institute 20, no. 1 (2024): 1–16. http://dx.doi.org/10.16980/jitc.20.1.202402.1.
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Purpose – The study aims to confirm a positive relationship between digitalization and economic growth in ASEAN. It seeks to provide insights into the challenges and future directions for ASEAN’s economic growth by examining the impact of digitalization through broadband penetration. Design/Methodology/Approach – This study employs regression analysis using a fixed-effect model with data sourced from World Development Indicators (WDI) and the United Nations Development Programme (UNDP), covering the period from 2008 to 2020. Its primary objectives are to offer a comprehensive understanding of the relationship between digital technologies and the economic development of ASEAN, and to identify factors contributing to economic growth in the region. The focus is on Southeast Asian countries, namely Brunei Darussalam, Cambodia, Indonesia, Lao PDR, Malaysia, Myanmar, the Philippines, Singapore, Thailand, and Vietnam Findings – The findings yield compelling evidence in support of the hypothesis, emphasizing the pivotal role of expanding broadband infrastructure in fostering economic growth across ASEAN countries. Furthermore, the study underscores the importance of enhancing broadband infrastructure and highlights the potential impact on the economic development of developing nations. It emphasizes the crucial role played by fixed-broadband, mobile-broadband, and fixedtelephone subscriptions in contributing to the economic growth of ASEAN countries. Research Implications – This study proves a significant positive relationship between digitalization and economic growth in the region. It offers a preliminary understanding of the impact of digitalization on economic growth in ASEAN, laying the groundwork for future research.
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Yudina, Maria A. "The Impact of Digitalization on Social Inequality." Level of Life of the Population of the Regions of Russia 16, no. 1 (2020): 97–108. http://dx.doi.org/10.19181/lsprr.2020.16.1.10.
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The Object of the Study. Modern theoretical and methodological approaches to the assessment of social inequality. The Subject of the Study. Internationally used indicators to assess the digital divide. The Purpose of the Study is analyzing of the theoretical and methodological approaches used in international practice to assess digital inequality in order to find ways to improve the indicators which currently are used in the Rossiyskaya Federatsiya. The Main Provisions of the Article. This author examines the following aspects of the impact of digitalization on Russian society: changes in the availability of information resources for different categories of the population caused by the use of ICT, differentiation in special skills for using ICT, and differences in the dynamics of changes in the quality and standard of living. The process of theoretical and methodological understanding of the phenomenon of digital inequality began in the second half of the XX century. It was initially understood as an economic difference between people in terms of their access to certain technologies, however it gradually gained a more comprehensive conceptualization as a systemic phenomenon: a manifestation of structural social inequality in a network society. Today researchers identify three levels of the digital divide (or steps in its evolution), highlighting the growing role of digital skills as well as social connections, intellectual, motivational and wider – human capital in social stratification. The problem of the inequality between individuals on the matter of using digital skills to improve level and quality of life is exacerbated by Industry 4.0 implementation and realization of the Russian government project of the creation of the digital economy. Analysis of the current Rosstat data from the point of view of three levels of digital inequality showed significant improvements in its first level – every year ICT becomes more accessible for Russians. The increase in the number of users leads to a drop in the average indicators of digital skills proficiency, nevertheless the number of Russians using such technologies to improve their level and quality of life is gradually growing. However, additional work is needed in this direction to make the reduction of third-level inequality a sustainable trend. The analysis of indicators which currently are used in the Rossiyskaya Federatsiya to assess the development of the information society, carried out in the framework of this study, demonstrated their compliance with international standards. The theoretical and methodological problem of the statistical methodology used by The Rosstat was revealed: the current indicators do not allow to reflect the correlation between the employment of the population and it’s level of the digital skills. Therefore the indicators currently used in Russiya for digital divide evaluation do not allow to access the readiness of the population to the transition period between industrial revolutions which are always accompanied by the primary wave of technological unemployment in the process of creative destruction of social and economic systems. The Russian state program «Digital Economy» had the strategic target «to launch a regular monitoring to identify the needs of different groups of the working population in the formation of digital economy competencies with the involvement of employers» by June 2019. However checking of the governmental sites of the authorities, who are responsible for the implementation of the mentioned monitoring showed that it is still not ready or just doesn’t accessible for general public.
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Mailin, Mailin, Muhammad Yasir Halomoan Nasution, Ardiansyah Ardiansyah, and Ahmad Nazri Adlani Nst. "DAMPAK DIGITALISASI PENDIDIKAN TERHADAP KOMUNIKASI INTERPERSONAL SISWA MADRASAH ALIYAH NEGERI KARO." Jurnal Guru Kita PGSD 6, no. 1 (2021): 126. http://dx.doi.org/10.24114/jgk.v6i1.31991.
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The purpose of this paper is of course to determine the impact of digitalization of education on interpersonal communication of Karo State Madrasah Aliyah students in the social environment and within the school environment. This research method is qualitative. The results of this study are: The presence of digitalization which is a development of technology has changed the paradigm and pattern of community communication. The existence of this media makes communication not only done in one direction but can be done in two directions. The use of ineffective digitization will have a tremendous impact, one of which users will spend a lot of time just to access various kinds of digitization. But the effective use of digitization will make it easier for students to get information that is really needed so that they can generate creative ideas to support communication development. The most visible impact of digitization for students at MAN Karo is the decline in interpersonal communication activities. This will have an impact on services at MAN Karo. Students are more likely to use or access digitalization than to carry out interpersonal communication. This phenomenon can result in a lack of student awareness so that it will also have an impact on interpersonal relationships. Even though we know that interpersonal communication between students is very important considering that currently technological advances have changed the existence of communication. Therefore, students are expected to be professional in carrying out their duties and functions. One way is to always carry out interpersonal communication in solving any existing problems and maintaining good interpersonal relationships.
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Rogozhin, A. A. "ICT as a Direction for Diversifying the Economy of Saudi Arabia." Outlines of global transformations: politics, economics, law 14, no. 4 (2021): 122–41. http://dx.doi.org/10.23932/2542-0240-2021-14-4-8.
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The article examines one of the main directions of the implementation of a large-scale program of economic reforms in Saudi Arabia (Saudi Vision-2030), aimed at ridding the Kingdom’s economy of an alarming dependence on oil export revenues – the digital transformation of society, governing structures, and the economy as a whole. In the past few years, the information and communication technology (ICT) sector, which has become the largest in the Middle East, is increasingly visible not only in this region. Its development is particularly dynamic due to large investments in the latest technologies. The success of the ICT sector was also facilitated by the creation of new supervisory bodies and the improvement of the regulatory framework for various areas of digitalization. The country’s leadership aims to make Saudi Arabia one of the world’s leading countries in the field of ICT by building a digital economy based on the principles of the Fourth Industrial Revolutionanddigitalgovernanceofsociety. The five-year digital development strategy (2019–2023) provides for the growth of the ICT sector by 50% and an increase in the rate of “Saudization” of this sector to 50% by 2023. This strategy is expected to increase the contribution of the ICT sector to the economy by at least $13.3 billion. Assessing the prospects for the development of digitalization in Saudi Arabia, the author found four factors that make it possible to assess them as very favorable – sufficient funding, acceleration of the privatization process, the impact of the COVID-19 pandemic, and the inevitability of the diversification of the national economy, which is impossible without digitalization.
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Сурдина, А. В., and А. Ф. Никишин. "Digital technologies and their impact on the development of trading activities in modern conditions." Экономика и предпринимательство, no. 4(129) (May 31, 2021): 671–74. http://dx.doi.org/10.34925/eip.2021.129.4.124.
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Пандемия COVID-19 оказала влияние на развитие процесса цифровизации повседневной жизни общества. Одной из сфер экономики, непосредственно связанных с процессом цифровизации, является торговля. В настоящее время инновационные технологии применяются во всем формах торговой деятельности. В статье рассматриваются особенности применения цифровых технологий в торговле. Особое внимание уделяется развитию электронной торговли как перспективному направлению развития дистанционной торговли. The COVID-19 pandemic has influenced the development of the digitalization process in the daily life of society. One of the areas of the economy directly related to the digitalization process is trade. Currently, innovative technologies are used in all forms of trade. The article discusses the features of the use of digital technologies in trade. Particular attention is paid to the development of e-commerce as a promising direction for the development of distance selling.
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Barbarese, Francesco, Loredana Oreti, Marco Bascietto, et al. "The Impact of Digitalization on the Italian Forestry Sector: An Analysis Based on Socio-Economic Indicators." Forests 15, no. 12 (2024): 2077. http://dx.doi.org/10.3390/f15122077.
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Digitalization has transformed various sectors, including forestry, by introducing specialized digital tools and ICTs. This study explores the impact of digitalization on the Italian forestry sector, focusing on socio-economic indicators. Data on these indicators were gathered from the “National Forest Information System” (SINFor), while the digitalization level in Italian regions came from previous studies. The methods used included correlation analysis between digitalization and socio-economic indicators, along with linear regression models. The study also presents three digital progress scenarios, predicting significant socio-economic improvements with increased digitalization. The results show a strong correlation between digitalization and forestry indicators such as employment, value creation, and certification. These findings highlight the transformative potential of digitalization for sustainable forest management, emphasizing the need for further investment in digital infrastructure to boost productivity, inclusivity, and environmental conservation. The study also discusses challenges in fully understanding the effects of digitalization and suggests future research directions to examine specific technological features and broader industry impacts.
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Villalobos Gonzalez, S. S., and E. L. Moreva. "The Enterprise’ IC Management under the Digitalization." Management Science 9, no. 3 (2019): 78–85. http://dx.doi.org/10.26794/2304-022x-2019-9-3-78-85.
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Advancing by means of Digitalization the Forth Industrial revolution stipulates the new opportunities for business and societies related to the usage of the enterprise’ Intellectual capital. Possessing the similar nature as the trends mentioned the very resource results to become a basic one it to provide a qualitative transformation of the mode of performance of the enterprises. The analysis of such tendencies, their interpretations in the specialized papers and the determination of the prospective directions of their further investigation relevant for both practitioners and scholars constitute an object of the present article. The analysis realized operated with various research methods of general type (analysis, synthesis, etc.) and the specific ones (content analysis, comparativistic tools and others). Their application proved the relevance of the integral approach towards the enterprise’ Intellectual capital under Digitalization to determine correctly its impact over the organizational performance in a whole. The authors revealed the insufficiency to limit the investigation with the exposure of main layers of the recourse formed these before the digitalization trend as well as its new element due to the trend mentioned and constituted in terms of Network capital only. Nowadays the more and more attractive to scholars’ research topicality considers poorly the effects of relationship mechanisms between various layers and elements of intellectual capital to impede the identification of the causal relationship while their interaction and its overall total with the intellectual capital contribution to the business and society development. Such an analysis constitutes a perspective direction for the further research of the subject.
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Chorna, O. "Deepening the Intellectualization of Enterprises in the Direction of Digital Transformation and Transition to Industry 4.0." Economic Herald of the Donbas, no. 1 (67) (2022): 125–34. http://dx.doi.org/10.12958/1817-3772-2022-1(67)-125-134.
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The article examines the impact of scientific and technological progress associated with the digital transformation and the transition to Industry 4.0, on the deepening of the intellectualization of production; the deepening of intellectualization of industrial enterprises in the direction of smart industry is considered; systems and mechanisms of management of intellectualization of production are substantiated; the domestic and foreign experience is generalized and the components of deepening the intellectualization of enterprises in the conditions of digitalization and Industry 4.0 are substantiated. Research shows that the deepening of intellectualization in the direction of Industry 4.0 and digitalization helps to increase the value of enterprises, their production capacity, improve quality, safety and increase employee income through the introduction of new technologies. The experience of "smart" plants shows the need to: focus on the real needs of consumers; staff development; introduction of innovations; digital infrastructure development; introduction of equipment connected to the Internet; establishing the interaction of information and operational technologies. Research shows that there are companies in Ukraine that deepen intellectualization through the introduction of modern production management. The components of deepening the intellectualization of enterprises in the direction of Industry 4.0 and digitalization are substantiated, which are: the focus of management on the deepening of intellectualization; constant development of human capital; cooperation within the enterprise; analysis of the best world practices and application of the experience of intellectual productions; cooperation with associations and unions of industrial digitalization; participation in industrial forums, specialized exhibitions; introduction of digital tools for production management; application of effective models or technologies from the outside; permanent transformation in the direction of modern technologies; redesign of products and services taking into account the needs of customers; a radical change in organizational culture; support for research and innovation; gradual achievement of digital maturity.
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Zhao, Zexia, and Jun Yan. "A study of the impact of corporate digitization on environmental protection: Take Chinese A-share companies in Shanghai and Shenzhen as an example." PLOS ONE 18, no. 5 (2023): e0285896. http://dx.doi.org/10.1371/journal.pone.0285896.
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Textual analysis and the Entropy-TOPSIS method are used in this research to create a measure of corporate environmental protection, and multiple regressions are used to find out how digitalization affects corporate environmental protection. The research sets up a theoretical framework for how corporate digitalization affects environmental protection and looks into how external financing constraints and an organization’s own financial position play a role in the middle. The research then looks at how outside factors like the business environment of the market and the level of competition in the industry affect the relationship. Using a threshold regression approach, the research also examines the change in the impact of digitalization on environmental protection after investor sentiment crosses the threshold from the distinct perspective of investor sentiment. Our research provides theoretical support for environmental protection by corporations and government policy direction.
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Yechin, N. M., Yu A. Kitayov, D. P. Kravchenko, Z. Ch Pak, and N. I. Chovgan. "Features of the digitalization impact on the functioning of agricultural enterprises." BIO Web of Conferences 39 (2021): 09004. http://dx.doi.org/10.1051/bioconf/20213909004.
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Digitalization of representatives of the agricultural sector of the Russian Federation is one of the defining directions in the modern conditions of their activities. A special role in the development of the agro-industrial complex digitalization is influenced by “Industry 4.0”, which identifies the development trends of most enterprises over the past 10 years. The article examines the features of digitalization impact on the functioning of agricultural enterprises. The evolution of technological patterns in agriculture is analyzed and the role of digitalization in the formation and development of modern technological production of agricultural products is revealed. Technological factors of updating the production base of agricultural enterprises are determined. The influence of digitalization on each separate subsystem of agricultural enterprises is considered with the determination of the overall synergetic effect.
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Amali, Ebele, Nargiza Alymkulova, and Solomon Ali Ejila. "Banks' credit to the private sector and economic growth in Nigeria: The moderating role of digitalization." Journal of Global Economics and Business 4, no. 13 (2023): 17–35. http://dx.doi.org/10.58934/jgeb.v4i13.139.
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Inspired by the desire to take a unique trajectory with the greater goal of new knowledge addition, this study examined the moderating effect of digitalization on the triangular relationship between digitalization, banks’ credit to private sector and economic growth in Nigeria for 2009 – 2021. The highly debatable direction of the relationship between credit to the private sector and economic growth in Nigeria has remained unresolved; by throwing digitalization in the mix, this study seeks to ascertain if there is a substantial shift in the direction of the subsisting argument with refence to Nigeria. The Autoregressive Distributed Lag (ARDL) approach was applied due to the mixed order of integration results obtained from the Unit Roots Test, which accounted for some structural breaks. For this study, the long-run results carry more prominence than the short-run since there is inherent room for adjustments. The empirical results show that private sector credit has a positive and significant impact on economic growth in Nigeria in the short run. However, in the long run, credit to private sector has a positive and insignificant impact on economic growth in Nigeria. The results also revealed that ddigitalization does not moderate the effect of banks' credit to the private sector on economic growth in Nigeria for the period reviewed. Because of the strategic role of financial intermediation played by deposit money banks, the paper supports the ongoing efforts of the Central Bank of Nigeria (CBN) in deepening the integration of digitalization into the financial services sector.
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SERGEEV, A. A. "THE IMPACT OF INNOVATIVE TECHNOLOGIES ON THE DEVELOPMENT OF THE INDUSTRY." EKONOMIKA I UPRAVLENIE: PROBLEMY, RESHENIYA 2, no. 5 (2020): 31–36. http://dx.doi.org/10.36871/ek.up.p.r.2020.05.02.005.
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The article considers the problems and factors affecting the introduction of digital innovative technologies in the industry. Machine-building industries in developed countries are becoming more flexible, technologically equipped and digitalized. The prospects for applying digital innovations are undeniable, but when it comes to implementing digitalization projects for industrial enterprises, a number of problems arise. Due to the fact that digital innovations are concentrated in Large companies in the United States and Europe, Russia, due to its backwardness in this direction, is experiencing serious difficulties in developing and implementing innovations. These problems are part of a failed innovation policy that has led to a decline in innovation activity and lagging behind some of the world's leading countries. One of the complex criteria for evaluating innovation policy and the results obtained is the Bloomberg Innovation Index, whose growth rates are unsatisfactory for solving national digitalization programs. The article shows the reasons for Russia's lag, and suggests measures to resolve the accumulated problems.
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Levchenko, M. E., N. N. Pachina, and A. A. Vartumyan. "State Digital Policy: Risks and Opportunities." Sovremennaya nauka i innovatsii, no. 4 (44) (2023): 167–73. http://dx.doi.org/10.37493/2307-910x.2023.4.19.
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The purpose of the article is to study possible risks and opportunities in the field of state digital policy. The primary task in this direction was to study the concepts of ―digitalization‖, ―digital policy‖, ―digital economy‖. The characteristics of risks in the field of digital policy are given. Digital policy is a multifaceted tool that can be used by the State to achieve various social, economic and political goals. In the era of rapid development of information technologies and worldwide digitalization, the topic of digital policy of the state is becoming particularly relevant. This policy area covers a wide range of issues, from electronic interaction with citizens to data protection. On the one hand, digitalization provides a wide range of opportunities: improving the accessibility and quality of public services, increasing transparency and management efficiency, stimulating economic growth and innovation. On the other hand, there is a possibility of cyber attacks, data leaks and the risk of increased government control over citizens. The following areas have been identified, which describe the risks in the field of digital policy: the impact of digitalization on the electorate, electronic and digital government, the impact of digitalization on political socialization and re-socialization, protest in the context of digitalization. An analysis of the state's digital policy in the context of these risks and opportunities allows for a deeper understanding of how digital technologies can be effectively used to maintain a balance between the effectiveness of public administration and the safety of citizens. The possibilities of digital policy are identified in the following areas: electronic and digital government, the impact of digitalization on the electorate, political socialization and protests.
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Zhao, Qingqing, Xintao Li, and Siqi Li. "Analyzing the Relationship between Digital Transformation Strategy and ESG Performance in Large Manufacturing Enterprises: The Mediating Role of Green Innovation." Sustainability 15, no. 13 (2023): 9998. http://dx.doi.org/10.3390/su15139998.
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In the era of the digital economy, digital technology brings new opportunities for enterprises’ development. The degree of enterprises’ digital transformation determines their development level and potential. At present, China’s “double carbon” policy is having a profound impact on the industry. The relationship between digital transformation strategy and environmental, social, and governance (ESG) performance is analyzed based on the digitalization and sustainable development goals of enterprises, and on the basis of positioning enterprise digital transformation level through the strategic alignment model (SAM). Data are collected by questionnaire survey from 224 large manufacturing enterprises in China as a sample for empirical testing by the hierarchical regression method. The empirical results show the following. (1) Digital transformation strategy has a direct positive and significant impact on enterprise ESG performance. Specifically, it is reflected in the two dimensions of digital transformation strategy, namely business digitalization and platform digitalization, which have a significant direct positive impact on enterprise ESG performance. (2) Enterprise green innovation plays a significant intermediate role in promoting the relationship between digital transformation strategy and enterprise ESG performance. (3) The two dimensions of green innovation, namely green process innovation and green product innovation, both play a partial mediating role in promoting business digitalization and platform digitalization development level to enterprise ESG performance, respectively. It can be concluded that business digitalization and platform digitalization can improve enterprise ESG performance by promoting green process innovation and green product innovation. Therefore, enterprises should clarify the direction of development of their digital transformation strategy, emphasize green innovation, and continuously improve their ESG performance to create favorable conditions for achieving sustainable development.
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Molchanov, N. A., and E. K. Matevosova. "Energy security in the age of digitalization." Courier of Kutafin Moscow State Law University, no. 3 (May 15, 2020): 86–95. http://dx.doi.org/10.17803/2311-5998.2020.67.3.086-095.
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The article discusses modern problems of ensuring national and international energy security, related to the increasing threats in cyberspace. A cyberattack on the critical infrastructure of countries (electric power industry) is one of the tools of political pressure, causing significant indiscriminate damage that undermines statehood. Particular attention is paid to the risks of the impact of cyber technologies on the state’s electric power system. The authors formulate a conclusion about the need to intensify the process of international law‑making in fixing the legal boundaries of the use of information and communication technologies.An analysis of international legal documents, russian and foreign legal acts allows us to identify common for all countries challenges to energy security and the features of national approaches in the implementation energy policy, the main direction of which today is to ensure cybersecurity in the energy sector of the country’s economy.
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Prikhodko, D. V., and V. G. Sherov-Ignatev. "Information and Communication Technologies: Impact on the Foreign Trade of African Countries." International Trade and Trade Policy 11, no. 1 (2025): 177–96. https://doi.org/10.21686/2410-7395-2025-1-177-196.
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The relevance of the topic is due to the rapid development of information and communication technologies and their impact on socio-economic development. For developing countries, including African ones, informatization and digitalization have become an important area of catch-up development. Africa is making impressive progress in this direction, although this process faces many challenges, including lack of access to electricity in some rural areas, low incomes and insufficient literacy of a part of the population. African markets for ICT goods and services have their own specifics and are developing unevenly. The purpose of the article is to study the impact of information and communication technologies on the foreign trade of African countries, both from the point of view of the ICT goods market and from the point of view of the role of ICT solutions in improving the efficiency of the organization and regulation of trade operations. The structure and dynamics of ICT goods markets are analyzed, and interstate and private projects in the field of digitalization of logistics and customs procedures are also characterized, including in the context of the creation of an African continental Free Trade Zone. The impact of digitalization on the development of e-commerce, as well as on the informal sector of African trade, is assessed.
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MYKOLIUK, OKSANA. "ENTERPRISE MANAGEMENT IN THE CONDITIONS OF DIGITALIZATION OF THE ECONOMY." HERALD OF KHMELNYTSKYI NATIONAL UNIVERSITY 296, no. 4 (2021): 142–46. http://dx.doi.org/10.31891/2307-5740-2021-296-4-23.
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The article investigates the role of digital transformation processes and their impact on enterprise management. It is emphasized that the introduction of innovative technologies in the enterprise will open new opportunities for further effective development and implementation of positive changes. The need to optimize management processes in the enterprise by adapting them to the conditions of digitalization, which requires the use of qualitatively new approaches to digital transformation of economic entities. The essence and meaning of the term “digitalization” is revealed, the main goals and directions of digital development are defined. The importance of digitalization of the economy as an innovative dynamic process, which is based on the active introduction of innovations and information and communication technologies in the economic activity of enterprises, is substantiated. The main components of the digital economy (support infrastructure, e-business, e-commerce) are identified and their impact on innovative business development is studied. The classification of enterprises according to the level of digitalization is carried out and the necessity of their orientation in the direction of introduction of cyberphysical systems, the Internet of Things, big data, 3D-modeling and 3D-graphics into their own activity is substantiated. The state of digital transformation at domestic enterprises is analyzed, the ratio of the use of digital technologies in business activity is revealed. The main problems faced by enterprises on the way to the introduction of innovative technologies are identified. The presence of the necessary conditions for the implementation of the domestic digital breakthrough and technological transition of enterprises to a higher level has been determined. It is concluded that the digitalization of business is a condition for improving its competitive position in the market and the driving force of the country’s economy and its investment attractiveness.
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Dunayev, Igor, Serhii Hromov, Yuliia Tymchenko, and Maria Proskurina. "Explication of the role of digital technologies in marketing management of a modern company." Eastern-European Journal of Enterprise Technologies 5, no. 13 (119) (2022): 89–99. http://dx.doi.org/10.15587/1729-4061.2022.265017.
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This study considers the use of digitalization technologies in the management of marketing of a commercial company. As a result, the problem of bringing empirical knowledge about the importance of digitalization technologies in the company's marketing management to a theoretical model has been solved. Digitalization technologies for implementation in marketing activities were selected and the decomposition of marketing management in a commercial company was performed. On this basis, a theoretical model for assessing the impact of digitalization technologies on the marketing management of a commercial company has been developed. The results of an empirical study based on the developed theoretical model proved the truth of the hypothesis about the positive impact of the spread of the use of digitalization technologies on the marketing management components of commercial companies. The choice of specific digitalization technologies is explained by the essence of marketing as a management activity. Structural decomposition of the marketing management process is explained by traditional management functions and clarifies the criteria for choosing technologies. The results of calculations according to the formed theoretical model are explained by the development of the platform economy and ecosystems, which involve the studied big data technologies, cloud computing and social media, as well as blockchain. The methodical approach to substantiating the role of digitalization technologies proposed in this study is characterized by the use of fundamental provisions on cybernetic systems, management theory, and modern marketing concepts. The obtained results make it possible to find out the presence and direction of the effects of the spread of the use of digitalization technologies in the company's marketing management and make informed decisions about the business digitalization strategy
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Igor, Dunayev, Hromov Serhii, Tymchenko Yuliia, and Proskurina Maria. "Explication of the role of digital technologies in marketing management of a modern company." Eastern-European Journal of Enterprise Technologies 5, no. 13 (119) (2022): 89–99. https://doi.org/10.15587/1729-4061.2022.265017.
Full textAbstract:
This study considers the use of digitalization technologies in the management of marketing of a commercial company. As a result, the problem of bringing empirical knowledge about the importance of digitalization technologies in the company's marketing management to a theoretical model has been solved. Digitalization technologies for implementation in marketing activities were selected and the decomposition of marketing management in a commercial company was performed. On this basis, a theoretical model for assessing the impact of digitalization technologies on the marketing management of a commercial company has been developed. The results of an empirical study based on the developed theoretical model proved the truth of the hypothesis about the positive impact of the spread of the use of digitalization technologies on the marketing management components of commercial companies. The choice of specific digitalization technologies is explained by the essence of marketing as a management activity. Structural decomposition of the marketing management process is explained by traditional management functions and clarifies the criteria for choosing technologies. The results of calculations according to the formed theoretical model are explained by the development of the platform economy and ecosystems, which involve the studied big data technologies, cloud computing and social media, as well as blockchain. The methodical approach to substantiating the role of digitalization technologies proposed in this study is characterized by the use of fundamental provisions on cybernetic systems, management theory, and modern marketing concepts. The obtained results make it possible to find out the presence and direction of the effects of the spread of the use of digitalization technologies in the company's marketing management and make informed decisions about the business digitalization strategy
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Khalin, V. G., and G. V. Chernova. "Digitalization and Its Impact on Modern Economic Convergence — Methodological Aspect." Administrative Consulting, no. 8 (September 30, 2020): 78–87. http://dx.doi.org/10.22394/1726-1139-2020-8-78-87.
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Tighter competition of any economic entities leads to the use of such a mechanism to combat it as economic convergence — the rapprochement of the activities of various economic entities, aimed at increasing the efficiency and competitiveness of its participants. At the same time, the most important modern trend in social development is digitalization, which also has an impact on convergence processes in the economy. Disclosure of the impact of digitalization on convergence processes includes consideration of the stages of development of digitalization, levels of convergence, their relationship, as well as identifying the directions and results of the impact of the last stage of digitalization on modern economic convergence. The results of the study are the identified parameters of economic convergence and their content, the disclosure of the business model characteristics of entrepreneurial activity within the framework of modern economic convergence, the possibilities of joint business implemented by intersectoral convergence, as well as the prerequisites of joint business due to the influence of the digitalization factor on all these processes. Keywords: economic convergence, convergence parameters, digitalization, business model of entrepreneurial activity within the framework of intersectoral economic convergence, prerequisites for the effectiveness of joint business.
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Kumar, Vikas, Ayushi Singh, Aakanksha Singh, Bhavya Khanduja, and Rahul Mishra. "INVESTIGATING THE IMPACT OF TECHNOLOGICAL ADVANCEMENTS ON LABOR PRODUCTIVITY IN THE MANUFACTURING SECTOR OF INDIA." ShodhKosh: Journal of Visual and Performing Arts 5, no. 6 (2024): 1152–58. https://doi.org/10.29121/shodhkosh.v5.i6.2024.4549.
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Objective/Aim:This study aims to determine the effects of technological change on Labor Productivity (LP) in the manufacturing sector of India, with particular emphasis on Automation Technology (AT), Digitalization (DT), and Skill Development (SD). This study seeks to understand the influence of technological factors on labor productivity and their interrelations.Methodology/Approach:A cross-sectional research study is used with online survey data collection. From October 2023 toMarch 2024, 407 professionals in the manufacturing sector are taken into consideration. Data isanalyzed by using the software SPSS. For all of the dependent relationships, which are H1, H2, and H3, multiple linear regression tests is conducted, and Pearson's correlation is applied on independent relationships H4, H5, and H6.Findings:It gives insight into how the independent variables of Automation Technology, Digitalization, and Skill Development impact Labor Productivity in India's manufacturing sector. It also calculates the strength and direction of correlations between these independent variables. This study is novel in the approach taken for the examination of the compounded effects of automation, digitalization, and skill building on labor productivity, in the Indian manufacturing context specifically. Limitations and Recommendations:The limitations of the research include convenience sampling, which causes bias, and the data derived from self-reported measures in the respondents. For the future, it could provide a larger sample with broader diversity or a longitudinal study tracking changes over time. Organizations are advised to invest in automating, digitalization of tools, and workforce training for efficiency in labor productivity.
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Liu, Yubai. "The Impact of Digitalization on Economic Development -- With Example from the Manufacturing Industry." Advances in Economics, Management and Political Sciences 142, no. 1 (2025): 122–29. https://doi.org/10.54254/2754-1169/2024.ld19000.
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Digitalization has grown into a hot trend in recent years. While other countries seek this transition on a national level, the US economy only adapts to digitalization based on business needs. This article offers an overview of digitalization, its political environment in the US, and primary forms of application perused in the economy. By referring to the Romer and Solow growth models as theoretical support and two successful cases of digitalization, this essay identifies the primary economic mechanism of digitalization in stimulating idea production and goods production, with solid statistical proof of the economic benefit generated through digitalization. For an oriented understanding of the impact, this research also identified primary public concerns in the long cost-returning cycle of this expensive ongoing adaptation and the macro debate over smart technologies' job creation and replacement ability. For these aspects, the most relevant information is presented. Promising research findings and further directions are also identified to signify the existing gaps in knowledge.
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Pirogova, Oksana, Vladimir Plotnikov, Ivan Makarov, and Andrey Grafov. "The impact of digitalization on the Intellectual capital formation and use (case of service enterprises)." E3S Web of Conferences 217 (2020): 06009. http://dx.doi.org/10.1051/e3sconf/202021706009.
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The article discusses the directions, problems and results of using digital solutions in enterprises in the service sector. It is shown that digitalization in the service sector is due to the emergence of a new type of resource - a large amount of specific information about stakeholders. Digitalization has a direct effect on enterprises in the service sector in the form of the development of the institutional environment and the technical infrastructure of digitalization, as well as an indirect action related to the transformation of the enterprises of this industry themselves, their missions and goals. The areas of digitalization in the service sector are indicated. It is shown that the use of digital technologies affects cost reduction and sales growth, and also has a significant impact on the formation and use of the intellectual capital of service enterprises. The features of the formation of the intellectual capital of the enterprise at the stages of the life cycle are considered. The elements of intellectual capital are clarified, which have received an impetus for development due to digitalization. Possible positive directions of the impact of digitalization on the elements of intellectual capital are presented, and the dynamics of the impact of digitalization decisions on the elements of intellectual capital at the stages of the enterprise life cycle is considered.
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YATSUKH, Olena, Artem CHYHYRYNSKYI, Safar Hasan PURHANI, Olena BULHAKOVA, and Mykola DURMAN. "The Impact of Digital Ecosystems on the Financial Management Efficiency in State Institutions." Theoretical and Practical Research in Economic Fields 15, no. 2 (2024): 471. http://dx.doi.org/10.14505/tpref.v15.2(30).23.
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Purpose: Digital ecosystems are a key driver of development at the current stage, in particular, in state institutions. Increasing efficiency of financial management through digitalization in the public sector is one of the key directions. The aim of the study is to determine the impact of digital ecosystems on the results of financial management in Ukrainian and Azerbaijani public institutions. Methodology: The research employed the methodological tools of regression and correlation analysis, as well as descriptive statistics to determine the impact of digitalization on the effectiveness of financial management of institutions. The application of the least squares method revealed a statistically significant positive effect of digital technology spending (β1 = 0.0528, p = 0.010) on management efficiency, while other variables showed insignificant or negative effects. The model explains 43.6% of the variation in the dependent variable, with R-squared = 0.436 and Adjusted R-squared = 0.285. Findings: Correlation analysis confirmed a strong positive relationship (r=0.58) between digitization costs and management efficiency. The article provides practical recommendations for optimizing the implementation of digital technologies in the management of public finances, including the development of electronic services and increasing the level of digital literacy. Originality: Further research in the chosen direction will be focused on the formation and implementation of a system of key indicators of the effectiveness of digital ecosystems from the perspective of the efficiency of financial management in public institutions of Ukraine and Azerbaijan.
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Сорокина, Л. А. "DIGITALIZATION'S IMPACT ON THE MNES’ ACTIVITIES." Audit and Financial Analysis, no. 4 (October 15, 2021): 77–82. http://dx.doi.org/10.38097/afa.2021.86.19.014.
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Глобальная экономика на современном этапе переживает трансформацию. Цифровизация занимает важное место в данном процессе, существенно влияя на развитие бизнеса транснациональных компаний (ТНК). В статье представлен анализ основных направлений трансформации деятельности ТНК в условиях цифровизации мировой экономики. Результаты исследования будут полезны для понимания характера трансформации современных ТНК. The global economy at the present time is undergoing a transformation. Digitalization is a major figure in this process, which significantly influences the development of the transnational companies’ (TNCs) business. The article presents an analysis of the main directions of the activities’ of TNCs transformation in the context of digitalization of the world economy. The results of the study will be useful for understanding the nature of the modern TNCs transformation.
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Khmelnitskaya, Zinaida, Maria Ivich, and Elena Bogdanova. "Digitalization as one of the directions of sustainable development of the integrated logistics system of the enterprise." E3S Web of Conferences 291 (2021): 04012. http://dx.doi.org/10.1051/e3sconf/202129104012.
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Because of the pandemic of the new coronavirus infection, the pace of digitalization and its impact on all sectors of the national economy have increased. The integrated logistics systems of the enterprises have also undergone significant changes. The article examines the main trends of recent times — digitalization and integration, which provide development potential, competitive advantages for the enterprises using the integrated logistics systems. The authors investigated the impact of the new coronavirus infection on the changes in the logistics systems of the enterprise; identified eight main directions of the changes, one of which has become the acceleration of the digitalization along the entire chain of the integrated logistics systems. Further, the authors identified six characteristic constituent elements of the digitalization as one of the directions of the sustainable development. They examined the interaction between the functionalities of the integrated logistics system and the characteristic components of the digitalization.
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Fatyhova, A., O. Bakanev, and I. Kohanovskaya. "Features of the Professional Direction of University Students in the Era of Digitalization." Scientific Research and Development. Socio-Humanitarian Research and Technology 10, no. 2 (2021): 18–22. http://dx.doi.org/10.12737/2306-1731-2021-10-2-18-22.
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In the digital era, the success of the professional development of future specialists in the process of obtaining higher education largely depends on their professional orientation (PN). Despite the significant interest in the subject of the study, the problem of identifying the factors that affect PN remains poorly understood.
 The purpose of the study is to determine the factors of the formation of PN of students enrolled in training and retraining programs, and the features of PN in the digital era.
 The article reveals the content and structure of the PN of future specialists in the era of digitalization. According to the results of the empirical research, the relationship of students' PN with indicators of life-meaning orientations, motives for choosing a profession and training was revealed; the relationship between students' life-meaning orientations and indicators of motives for choosing a profession and training at the stage of digitalization of education. The factors influencing the personal condition, and the factors of the formation of the personal condition of students, who are trained according to the programs of training and retraining of specialists, have been determined.
 As a result of an empirical study, it was concluded that a negative impact on the formation of PN is created by factors caused by various life circumstances, lack of independence of decisions in choosing a profession, low reflection of life goals, prospects for the future, rigidity of volitional and personal qualities, internal conflict in the structure of personality relationships, low pleasure training and the like. At the same time, the level of PN is significantly higher among students who receive a second higher education and who understand its importance at the stage of digitalization of education.
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SMYSLOVA, O. Yu ., and N. N. NESTEROVA. "THE IMPACT OF THE PROCESSES OF DIGITALIZATION OF THE ECONOMY ON THE DEVELOPMENT OF SOCIETY." Scientific Works of the Free Economic Society of Russia 230, no. 4 (2021): 389–96. http://dx.doi.org/10.38197/2072-2060-2021-230-4-389-396.
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The article discloses the impact of processes of digitalization on social and economic development of society. The article seeks to obtain an overview of current state and directions of economic development which is influenced by the processes of digitalization and innovative transformation. It comes to the conclusion that there are three ultimate tendencies in social and economic development of modern society which are affected by digitalization and innovative transformation. They are global transformation of labour market, shortage of qualified human recourses demanded for ensuring the qualitative transition to digitalization and innovations, transition to active stage of development of knowledge economy.
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Ravochkin, Nikita Nikolaevich. "The impact of digitalization on the sustainability of social orders." Социодинамика, no. 10 (October 2023): 23–33. http://dx.doi.org/10.25136/2409-7144.2023.10.68790.
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The study presents the critical revision of the usual conceptual foundations of complex systems, since the impact of many factors of digitalization directly determines today the viability of societies. The article analyzes the impact of digitalization on the stability of social orders. The purpose of this study is to clarify the possibilities of the impact of digitalization on the stability of social systems. The subject of the article is the social order of modern society in the context of digitalization processes. In modern realities, formed by the total penetration of information and communication technologies into all spheres of human activity, the level of unpredictability and riskiness is clearly increasing, which primarily causes changes in the ontological foundations of social systems. Unprecedented transformations, which have become permanent, have a complex impact on the order that has developed in societies. The author of the article examines in detail the complex impact of digitalization on the stability of social orders. The nature of digitalization processes is presented. Using practical examples, some directions of the influence of advanced technologies on the social fabric are identified. The positive and negative consequences of the manifestation of digitalization processes are highlighted. Vectors of transformation of social institutions are revealed. It is revealed that despite the prevalence of technical and technological elements in public life and the decrease in the humanitarian component and a number of qualities of the human capital of society, which are at a high level of digital development, increase their own stability and functionality. In conclusion, generalizations are presented that constitute a theoretical and methodological basis for subsequent studies of the impact of digitalization on the stability of social orders.
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Kalashnikov, N. A. "THE IMPACT OF COVID-19 ON DIGITAL TRANSFORMATION IN RUSSIAN RETAIL ORGANIZATIONS." EKONOMIKA I UPRAVLENIE: PROBLEMY, RESHENIYA 4, no. 11 (2021): 113–25. http://dx.doi.org/10.36871/ek.up.p.r.2021.11.04.012.
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The article examines the influence of the COVID-19 pandemic on digitalization in Russian retail industry. The purpose of the study is to analyze the main directions of that influence and its consequences for strategy and management systems of retail organizations. The author uses his own evolutionary scale developed on the basis of literature review to study the process of digitalization in ten largest food retailers in Russia. As a result, the author identifies the factors of COVID-19 influence on retail industry digitalization and the main digital transformation approaches of Russian retailers and gives recommendations on digitalization management in the new normality era. Those results constitute the novelty of the study. The author concludes that today digital transformation is not only a necessary need for retailers, but also a way to achieve a long-term competitive advantage, however, for a successful digitalization the company has to create and develop proper competencies, innovation and infrastructure capabilities, strategic and operational management system and organizational culture.
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Cherednichenko, Larisa, Roman Gubarev, and M. Girfanov. "Digitalization of the Russian Economy: Problems and Solutions." Scientific Research and Development. Economics of the Firm 13, no. 4 (2025): 67–74. https://doi.org/10.12737/2306-627x-2025-13-4-67-74.
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The article is devoted to the problems of digitalization of the Russian economy. The goals and forms of digitalization of the economy are outlined. The existing problems are identified and some measures to solve them are proposed. Barriers to digitalization of the economy are studied. Attention is paid to the impact of digitalization on structural shifts in the economy. The directions for improving economic policy in the conditions of digitalization are considered.
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Хадуева, Я. А., М. В. Абубакаров, and З. О. Магомедова. "Digitalization and its impact on the Russian economy." Экономика и предпринимательство, no. 9(134) (December 17, 2021): 300–304. http://dx.doi.org/10.34925/eip.2021.134.9.048.
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В данной статье рассматриваются ключевые аспекты цифровизации в современном мире. В статье анализируется цифровая экономическая ситуация России и крупнейших стран. Выявлены проблемы и пути их решения для ускорения процесса цифровизации российской экономики. В данной статье анализируются основные направления новой стратегии цифровизации российской экономики в рамках плана "Цифровая экономика Российской Федерации". Начало распространения цифровых инноваций произошло в 1960-х гг. Первым этапом развития цифровых технологий считается автоматизация существующих технологий и бизнес-процессов. This article discusses the key aspects of digitalization in the modern world. The article analyzes the digital economic situation of Russia and the largest countries. The problems and ways to solve them to accelerate the process of digitalization of the Russian economy are identified. This article analyzes the main directions of the new strategy of digitalization of the Russian economy within the framework of the plan "Digital Economy of the Russian Federation". The beginning of the spread of digital innovations occurred in the 1960s. The first stage of the development of digital technologies is considered to be the automation of existing technologies and business processes.
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Kucher, Lesia. "IMPACT OF DIGITALIZATION ON THE MANAGEMENT OF INNOVATIVE PROJECTS." sj-economics scientific journal 45, no. 2 (2022): 16–26. http://dx.doi.org/10.58246/sjeconomics.v45i2.273.
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The article presents the results of a study of the impact of digitalization on the management of innovative projects of agricultural enterprises. A bibliometric analysis of the publication activity of scientists in 1970–2019 in the field of digitalization in the world was performed. A comparative analysis of the dynamics of changes in the rating positions of Ukraine and Poland according to the World Digital Competitiveness Index and the Networked Readiness Index is carried out. The main directions of the influence of digital technologies on the management of innovative projects in the agricultural sector of the economy are characterized.
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Banelienė, Rūta, and Rolandas Strazdas. "Green Innovation for Competitiveness: Impact on GDP Growth in the European Union." Contemporary Economics 17, no. 1 (2023): 92–108. http://dx.doi.org/10.5709/ce.1897-9254.501.
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Since the start of the Industrial Revolution, the global climate has changed dramatically. Concentrations of greenhouse gases (GHGs) in the atmosphere have increased sharply, followed by an increase in global average temperatures. However, business activities related to environmental protection are mostly focused on the implementation of legal rules instead of voluntary initiatives such as green innovation due to doubts about costs and profit. The goal of this research is to identify the impact of green innovation on economic growth in an innovative environment and digitalization conditions by using sophisticated indexes and regression analysis. The results show that green innovations have a positive impact on economic growth in the European Union (EU). However, the impact of digitalization on economic growth is still under discussion and depends on qualitative aspects of coverage and how they are reflected in digitalization indicators. It is important to emphasize that the data of this empirical study only cover EU countries that are subject to EU regulation and have similar trends in the development and diffusion of green innovations. Non-EU countries may have different approaches and policies influencing the maturity and diffusion of green innovations. The results of this research provide a scientific basis for strategic planning at the national and business levels, encouraging a focus on the development of green innovation not only as a means of reducing the impact of climate change but also as a strategic direction for increasing competitiveness and economic growth.