Digital Economy as a Separate Sector of the National Economy of the State

Chmeruk, Halyna

doi:10.32782/2413-9971/2019-27-38

Cited by 5 publications

(1 citation statement)

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“…The main resources of all sectors of the economy are the means of production. In the age of the information society, as Chmeruk (2019) emphasizes, the main resource is accurate, reliable, truthful and timely information. Unlike other resources, information is inexhaustible and can be used repeatedly, and access to it in contemporary conditions can be obtained always and everywhere.…”

Section: General Directions Of the Information Society Development St...mentioning

confidence: 99%

National Strategy of Information Society in the Realities of Ukraine

Shust,

Semen,

Bilohrats

et al. 2023

BRAIN

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This article examines the development of a national strategy for the information society in the realities of Ukraine. The contemporary trend of civilizational development is the informatization of society and all aspects of its life. The development of concepts for the functioning of the information society for Ukraine is becoming the crucial assignment of socio-political development of the contemporary state, which should be based on science, innovation and advanced technologies, as well as culture and creativity. Domestic digital capital is in the process of formation, while digital technologies are the driving force of socio-economic development, due to the large-scale penetration of information and communication technologies everywhere. A characteristic resource of the information society is characterized by accurate, reliable, truthful and timely information. The expansion of the use of digital platforms, blockchain technology and artificial intelligence stimulates the creation of a digital economy in Ukraine. The development of the information society requires the integration of digital and business ecosystems. The creation of information infrastructure within business ecosystems, the expansion of services and intangible production as a result of advancement in the field of technology will guide to the transformation of Ukrainian society and the achievement of a high level of informatization.

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Section: General Directions Of the Information Society Development St...mentioning

confidence: 99%

National Strategy of Information Society in the Realities of Ukraine

Shust,

Semen,

Bilohrats

et al. 2023

BRAIN

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Digitalization as a factor of fast internationalization of startups

Lytvyn,

Pauk

2023

SMEU

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The article defines the essence of the concept of "global startups", and examines the factors influencing their emergence and rapid spread in the global economy. The size of the local market, the state of development of the national innovation ecosystem, the number and availability of re-sources, the level of competition in the domestic market, state protection of intellectual property rights and technologies, etc. The authors summarized the approaches to interpreting the essence of the internationaliza-tion and digitalization processes and investigated their impact on global startup entrepreneurship. It was found that the connection between digitalization and the internationalization of startups is sig-nificant, as entrepreneurs increasingly use information and communication technologies in their dai-ly activities to analyze national and international market information, sell products or services, or contact potential customers, suppliers, or strategic customers and partners. Digitalization refers to the use of digital infrastructure, the Internet as a medium for selling products and services and cre-ating value for customers. Attention is focused on the importance of digitalization for the early internationalization of startups. Systematized key factors of the internationalization of start-up firms: institutional envi-ronment of the home and host country, industry and market conditions of the country of origin and host country, state of development of formal and informal institutions, access to venture and social capital networks, availability of knowledge about foreign markets, leadership and entrepreneurial traits cofounders of startups, their cultural traits and cognitive skills, the presence of global think-ing and broad business orientation of startup founders. Based on the analysis of the success stories of domestic startups on the global market, the conditions and features of the emergence of global startups of Ukrainian origin were studied. For local startups to enter international markets, strategies for their rapid internationaliza-tion have been identified: joining international professional associations, integrating the local busi-ness into the system of European and global value-added chains, and developing bilateral plans for industry and key economic areas of the country.

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The Influence of the Digital Economy onto Social Relations Transformation

Kovalenko,

Sikalo

2023

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The article explores the influence of the digital economy on the transformation of social relations. Using a systematic approach, an axiological method, methods of analysis and synthesis, a logical method of reproduction of scientific knowledge of the development of social relations, aggregation of empirical data, the author found out that the development of digital technologies significantly affects the transformation of almost all components of social relations. The research results indicate that the digital economy is becoming a key component of digital transformation, which is determined mainly by economic processes and phenomena arising from the use of digital technologies at all stages of social reproduction, which gradually acquire a socio-economic dimension. This is accompanied by a slow abandonment of outdated technologies, the maintenance of which can be costly to the socio-economic system. There is also, the slow transformation of social ideas, values, norms, traditions and ideals, which forms the basis of the cultural and civilizational experience of society. A number of discovered advantages and opportunities provided by digital transformation are presented. However, the primary component of the digital transformation, which should lead to radical changes for the economy and various other social spheres, will not be so much the creation and use of digital technologies as a fundamental rethinking of the goals of society’s development, norms of behavior and ethical values of interpersonal relationships. The most expected consequences of digital transformation for society are related precisely to «transformation» as a deep, consistent restructuring of social processes. Today, digital transformation is penetrating all spheres of society at different rates, and these processes will only accelerate in the future. This becomes a certain driver of development, which ensures the identification and creation of new digital models of society, and can become a factor in the long-term cooperation of various groups of society for the sake of general well-being and common benefit. But the digital transformation of the socio-economic system at any level is a complex and lengthy process with long-term returns. It requires strategy, revision of societal models and processes, professional management, new infrastructure, new software, optimization of service mix, effective implementation mechanisms, training programs and reliable ongoing support. The spread of digital technologies in the economy and various social areas brings significant advantages, but also has potential threats and risks in various directions, which are highlighted in our research both from the point of view of micro- and macroeconomic approaches, and from the point of view of public administration. Prevention of the negative consequences of the use of digital technologies should include a system of measures capable of ensuring transparent rules and control over the collection, storage and analysis of large volumes of data about people’s personal lives, eliminating the risk of abuse and restrictions on personal freedom. It is important to prevent a situation where all social processes can become completely dependent on digital technologies and the Internet to such a large extent that it limits personal freedom, privacy and opportunities. And this is not only a possible loss of privacy due to monitoring of Internet activities, personal freedom due to control over information, but also the formation of psychological dependence on digital devices and services, the spread of digital autism and the «empty» hyperinformation environment. It is shown that the growth of digitalization increases the risks associated with the need to organize a powerful cyber security system. Data leaks, hacking attacks, and other cyber threats can have serious negative consequences for both personal freedom and privacy, as well as for ensuring national security based on the principles of protecting the public interest. The exploration of the influence of the digital economy onto social relations transformation showed that, in addition to focusing on increasing efficiency in various aspects, it is necessary to focus on other important things – increasing the protection of rights and freedoms, ensuring social welfare, improving the level of health care, increasing the level of security, protection national economic interests, providing wide access to quality education and culture, etc. For this purpose, the responsible, socially beneficial activity of public authorities, public organizations, political parties, and human rights organizations must be ensured, as well as active participation of citizens in the political and public life of society must be established.

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Digital Economy as a Separate Sector of the National Economy of the State

Cited by 5 publications

References 1 publication

National Strategy of Information Society in the Realities of Ukraine

National Strategy of Information Society in the Realities of Ukraine

Digitalization as a factor of fast internationalization of startups

The Influence of the Digital Economy onto Social Relations Transformation

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