Digital economy: A terminology retrospective, the present and the future

2020 ◽  
Vol 19 (4) ◽  
pp. 707-721 ◽  
Author(s):  
V.V. Velikorossov ◽  
S.A. Filin ◽  
O.N. Kalinina
Keyword(s):  
Strategic Management ◽  
Digital Technologies ◽  
Digital Economy ◽  
Management Decision ◽  
Additional Information ◽  
Management Decision Making ◽  
Basic Concepts ◽  
Definition Of ◽  
Reduction Of Uncertainty ◽  
Made In

Subject. The article considers the concept and the essence of digital economy as an instrument to reduce uncertainty in strategic management decision-making. Objectives. The study aims to specify the digital economy concept and underpin the digitalization as a tool for better management of economy; to develop recommendations for improving the management of information through digitization. Methods. We employ methods designed for organization of management and reduction of uncertainty about the object of management through digitization of additional information. Results. We analyzed basic concepts related to the economy, digital economy and information within the statistical theory of information. The paper gives a definition of the digital economy and recommendations for information management by means of digitization, as it is a driver of uncertainty reduction when choosing a better management solution. Conclusions. The increased likelihood of implementation of strategic management solutions is possible through the use of information under a specific program in order to reduce the uncertainty of choice and achieve the goals of strategic management. This enables to switch to innovative development, the most important feature of which is negentropy. Despite the progress made in the sphere of digitalization, Russia is still lagging behind the leading countries in terms of economic and innovative results of applying digital technologies and readiness for digital economy.

scholarly journals Transformation of the personnel competency model in the context of the transition to the digital economy

2020 ◽  
Vol 164 ◽  
pp. 09005
Author(s):  
Anna Belolipetskaya ◽  
Tatyana Golovina ◽  
Andrey Polyanin ◽  
Yulia Vertakova
Keyword(s):  
Information And Communication Technologies ◽  
Creative Thinking ◽  
Digital Technologies ◽  
Digital Economy ◽  
Digital Transformation ◽  
Management Decision ◽  
Economic Relations ◽  
Leading Role ◽  
Management Decision Making ◽  
Business Structures

The purpose of the research is to study the problems of the competence interface of personnel management of business structures in the context of digital transformation and to justify the organizational and managerial measures for its development and effective use. The analysis of various approaches to highlighting the competencies of personnel in the digital economy, by which is meant the confident and selective use of information and communication technologies in the ecosystem, is presented. It is determined that the use of digital technologies is a prerequisite for ensuring the competitiveness of business structures. The leading role of “soft” skills, including both cognitive and socio-behavioral abilities, is substantiated. A three-module model of personnel competencies in the context of digital transformation is suggested, in which such digital competencies and skills as: working with digital technologies, creative thinking and behavior, professionally oriented skills in the field of production and managerial activities are highlighted. The use of the competency-based approach to the digital transformation of economic processes helps to increase the adaptability of the existing system of economic relations to the conditions of the new technological structure, and provides the possibility of introducing end-to-end technologies into management decision-making processes in order to increase their efficiency.

scholarly journals Corporate Sustainability Strategies and Decision Support Methods: A Bibliometric Analysis

2020 ◽  
Vol 12 (2) ◽  
pp. 521 ◽  
Author(s):  
Fotis Kitsios ◽  
Maria Kamariotou ◽  
Michael A. Talias
Keyword(s):  
Strategic Management ◽  
Bibliometric Analysis ◽  
Business Strategy ◽  
Corporate Sustainability ◽  
Management Decision ◽  
Sustainability Strategies ◽  
Strategic Approach ◽  
Management Decision Making ◽  
Number Of Publications ◽  
Support Methods

Sustainability is becoming an increasing issue for decision-makers and scholars worldwide and many managers understand the significance of the strategic approach of corporate sustainability. However, they face difficulties in aligning sustainable development and strategic management as well as to implement it in practice. Thus, the purpose of this paper is to conduct a bibliometric analysis exploring the integration of strategic management, decision-making and corporate sustainability, providing a framework of interrelated issues according to the current literature in this area. 72 peer-reviewed papers were analyzed based on Webster’s and Watson’s (2002) methodology. The results of this review revealed that the number of publications in this domain has increased in the last decade, and there is a need to foster research (especially empirical) in this field because managers should find out ways to implement, in action, corporate sustainability strategies and integrate their action plans with their business strategy. This review concludes with a framework that includes the most commonly addressed issues of this topic and provides opportunities and challenges for further research.

PROBLEMS AND PRIORITY AREAS FOR APPLYING DIGITAL TECHNOLOGIES IN RUSSIAN AGRICULTURE

2020 ◽  
Vol 10 (7) ◽  
pp. 1390-1398
Author(s):  
M A. Bryzgalina ◽  
Keyword(s):  
Mobile Communications ◽  
Business Processes ◽  
Agricultural Sector ◽  
Digital Technologies ◽  
Digital Economy ◽  
Economic Activities ◽  
Agricultural Enterprises ◽  
Livestock Breeding ◽  
Rational Version ◽  
Definition Of

This paper discusses the implementation of digital technologies in the production sector and business processes of agricultural enterprises in Russia. Implementation of digitalization into the economic entities’ business activity is necessary in order not only to increase the speed of their functioning several times, but also to open up new, broader opportunities for their development in the future. Currently, in the Russian Federation, the main leaders in the development of digital technologies are, first of all, IT companies, as well as organizations operating in the field of media, finance and insurance. The level of digitalization in the real sector of the economy is significantly lower, while the agricultural sector is in last place for this indicator. This article reflects the prerequisites for the development of the digital economy in the world, which include the automation of production technologies and business processes, as well as penetration into the social sphere of the countries of the global Internet and mobile communications. The author considered a number of interpretations of the concept of “digital economy”, of which, in her opinion, the most rational version of the definition of the term under consideration was selected. Within the framework of the study, the prerequisites for the effective implementation of innovative technologies in the economic and social spheres of enterprises’ activities were determined, and the main factors and conditions for the developing digital system of a particular country were established. In the presented work, the author identified a number of modern key problems that significantly impede the introduction of digital technologies in the production and economic activities of economic entities of Russia, especially in the field of agriculture. At the same time, quite popular and widespread advanced technologies are indicated, which are currently being successfully implemented in promising agricultural organizations of the country. With regard to the branches of agriculture in Russia, namely crop and livestock breeding, the most expedient areas for the introduction of advanced digital technologies into the business processes of agricultural enterprises are presented.

scholarly journals An Exploration of Digital Fashion in Pandemic Italy: Districts, Designers, and Displays

2021 ◽  
Author(s):  
Keyword(s):  
Digital Technologies ◽  
Field Research ◽  
Research Approach ◽  
Technological Changes ◽  
Design Production ◽  
Definition Of ◽  
Fashion Designers ◽  
Cultural Media ◽  
Made In

Change is at the heart of the definition of fashion, as many theorists, designers and cultural analysts have shown. This article takes up this perspective to question the role of fashion design in the 21st century in the relation to cultural, media and technological changes. Adopting a field research approach, the paper analyses the interaction between fashion, designers and digital technologies that are emerging in Italy in order to re-grasp Made in Italy in a futuring perspective. The case studies were selected for their relevance to the digital in terms of design, production, and display. The paper analyses that the pandemic crisis is having on the Made in Italy, stimulating new ways of designing, understanding, producing, and consuming fashion.

scholarly journals MANAGEMENT DECISION MAKING USING AUTOMATED SYSTEM OF OPTIMUM STRUCTURE CHOICE FOR GROUND-SURFACE PUBLIC CONVEYANCES

2016 ◽  
Vol 2016 (3) ◽  
pp. 224-232
Author(s):  
Наталия Кузнецова ◽  
Nataliya Kuznetsova ◽  
Татьяна Карлова ◽  
Tatyana Karlova ◽  
Александр Бекмешов ◽  
...  
Keyword(s):  
Ground Surface ◽  
Automated System ◽  
Management Decision ◽  
Optimum Structure ◽  
Database Queries ◽  
Factors Affecting ◽  
Software Complex ◽  
Management Decision Making ◽  
Motion Speed ◽  
Definition Of

The article is devoted to the application of a special software complex for the definition of an opti-mum set of means of urban public groundsurface conveyances. In the paper are presented the existing software solutions meant for the definition of an optimum route, their basic merits and demerits are revealed, the methods for the solution of a problem in search of an op-timum set of means of ground surface public conveyance taking into account a maximum amount of factors affecting a motion speed are offered. The authors have presented a structure of an automated system for a choice of an optimum structure in ground surface public conveyances and also there are shown fragments of a corresponding program code and database queries. In the paper particular attention is paid to the working modes of an appendix presented, in particular, for the situation in the absence of customer’s device connection to the basic computer system.

STRATEGIC PLANNING AND MANAGEMENT OF PROFIT ENTERPRISES IN THE DIGITAL ECONOMY

2018 ◽  
Author(s):  
Daria Bukreieva ◽  
◽  
Karina Tupitsyna ◽  
Anna Bolsha ◽  
◽  
...  
Keyword(s):  
Strategic Planning ◽  
Human Factor ◽  
Statistical Data ◽  
Digital Technologies ◽  
Digital Economy ◽  
Strategic Development ◽  
Definition Of ◽  
Management Functions ◽  
Almost All ◽  
Financial Result

The article is devoted to the topical issue of the strategic development of the enterprise in the digital economy. The advantages of enterprises that use the results of the digital economy in their activities have been established. The main characteristics of the digital economy are determined, approaches to the definition of terms are investigated. The state of profitability of Ukrainian enterprises by industry is analyzed on the basis of statistical data. Based on the results of the analysis of statistical data, it was determined that in the conditions of the pandemic and quarantine of the last two years, most sectors of the economy suffered losses. Only those industries that were vital and those that use modern information and digital technologies had a positive financial result of their activities. These calculations showed that it is fundamentally important to introduce digital technologies at enterprises in various sectors of the economy. The article lists the main seven stages of introducing digital technologies into the management activities of enterprises. The above stages of introducing digital technologies into the activities of enterprises are used both for general strategic transformations at enterprises, and for individual management functions. It also reflects the main benefits of introducing digital technologies into strategic planning and profit management in enterprises. The main obstacles that may arise during the implementation of digital technologies are highlighted, among which the main one is associated with the human factor. It is also indicated in the article that almost all enterprises in their activities can start with the introduction of technologies for working with big data, which allow to efficiently process large volumes of information, analyze it and make management decisions based on the results. An analysis of modern research in the field of digital technologies implementation showed that digital technologies are necessary not only in the current activities of an enterprise, but also in strategic and management functions, especially in planning and managing the company's profit.

scholarly journals Economics of Digital Ecosystems

2020 ◽  
Vol 6 (4) ◽  
pp. 124 ◽  
Author(s):  
Sergey Yevgenievich Barykin ◽  
Irina Vasilievna Kapustina ◽  
Tatiana Viktorovna Kirillova ◽  
Vladimir Konstantinovich Yadykin ◽  
Yevgenii Aleksandrovich Konnikov
Keyword(s):  
Dominant Role ◽  
Management Decision ◽  
Digital Ecosystems ◽  
Distinctive Features ◽  
Economic Agents ◽  
Digital Ecosystem ◽  
Management Decision Making ◽  
Hierarchical Communication ◽  
Definition Of

This paper examines a new approach to defining digital ecosystems. Within the digital economy of ecosystems, competition is eliminated, and organizations form unions and alliances in order to work together and cooperate to reach a set goal. This means a digital ecosystem can be viewed as a complex environment in which organizations without any hard ties operate. Digital ecosystems differ from traditional ecosystems in many ways. The business organization of the latter is based on management decision making by people. This paper presents theoretical foundations for developing digital ecosystems based on a literary review. Based on the logic of scientific search using the keywords “ecosystem” and “biological ecosystem”, the commonality of the properties of the digital ecosystem and the biological ecosystem is shown. The aim of the study is to identify common characteristics in biological, economic and digital ecosystems in order to substantiate the possibility of using the same approaches for research and modeling of such systems. A definition of a digital ecosystem is proposed by the authors which points out the main features of this kind of system and highlights the dominant role of modern digital technologies in the formation of the digital ecosystem. The paper looks at the distinctive features of digital ecosystems and characteristics similar to the characteristics of biological ecosystems, such as ecosystem participants, presence of limiting impacts, lack of vertical hierarchical communication. The developed model can be used to model digital ecosystems. The authors believe that the emergence of a trend in the transformation of ecosystems in the direction of expanding the collaboration of economic agents is reasonable. At the same time, digitalization helps to replace competition with collaboration. The paper finishes with a discussion of the obtained results and a plan for further research.

scholarly journals METHODOLOGY, METHODS AND DIGITAL TECHNOLOGIES OF MANAGEMENT DECISION-MAKING TO IMPROVE THE QUALITY OF OPTIMIZATION MODELS OF THE ROCKET AND SPACE INDUSTRY

2019 ◽  
Author(s):  
Александр Андрейчиков ◽  
Aleksandr Andreychikov ◽  
Ольга Андрейчикова ◽  
Olga Andreichicova
Keyword(s):  
Decision Making ◽  
System Analysis ◽  
Digital Technologies ◽  
Optimization Models ◽  
Management Decision ◽  
Risk And Uncertainty ◽  
Intelligent Software ◽  
Space Industry ◽  
Management Decision Making

The monograph presents the methodology, methods and digital technologies of management decision - making to improve the quality of optimization models of the rocket and space industry. The methods and systems of decision support described in the book are focused on solving problems in conditions of certainty, risk and uncertainty. The book is intended for researchers, engineers and students working in areas such as system analysis, innovation quality management, conceptual design, intelligent software development, etc.

scholarly journals Digital Transformation of Business Analytical Processes

2021 ◽  
Vol 8 (2) ◽  
pp. 62-70
Author(s):  
O. E. Mikhnenko
Keyword(s):  
Big Data ◽  
Business Intelligence ◽  
Business Processes ◽  
Digital Technologies ◽  
Business Environment ◽  
Digital Economy ◽  
Digital Transformation ◽  
Management Decision ◽  
Control Apparatus

Current development and management of economic activity is largely associated with the implementation of the concept of the digital economy, which poses new challenges for business intelligence. The set of tasks is formed in order to develop business intelligence so that it matches the improved management of economic subjects, and to ensure the quality of business processes when digital technologies are introduced. Improved management based on the concept of the business environment implies that monitoring principles are used to analyze the behavior of external business environment participants with the purpose to build a rational partnership relationship. The digital economy creates information opportunities in this area, as it provides the access to Big Data and their processing using Big data analytics technologies. With regard to the requirements of management, the article analyzes the behavior of elements of the internal business environment to develop a management solution to improve the effectiveness of their behavior. The high quality of the solution is provided by the information model being a highly adequate image of a particular object under control and the ability of the control apparatus to fully realize the volume of its inherent functions. Under these conditions, the digital transformation of analytical processes is based on its own information platform, which should use breakthrough digital technologies. The research uses such methods as systemic analysis to generalize the modern concepts of economic system management, development of digital technologies and their introduction into management decision-making processes.

scholarly journals Optimization of the Process of Selection of Software in the Organization

2020 ◽  
pp. 12-22
Author(s):  
A. Yu. Lukyanenko
Keyword(s):  
Digital Economy ◽  
Management Decision ◽  
Scientific Article ◽  
Economic Activities ◽  
Negative Effects ◽  
External Agents ◽  
Management Decision Making ◽  
The Republic ◽  
Selection Of

The scientific article explores the role of software as a tool used by organizations to carry out economic activities in a digital economy without which it is impossible to have adequate competitiveness in a digital economy. The concept of “digital economy” has been clarified. A methodology has been developed to evaluate the effectiveness of the software used or selected on the basis of its qualitative and quantitative characteristics and the requirements of the workplace for the software functionality. Based on the theoretical and methodological base and the developed methodology, a scalable model of an effective management decision-making process for selecting and updating software in an organization is built, a comparison with existing practice is carried out. The significance of the research results is due to the lack of widely available methods in open access for the optimal selection of software as a tool, not related to involving external agents in the process and having the necessary scalability to use them, including collective, in organizations. This creates negative effects for organizations and the economy of the Republic of Belarus as a whole.

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