2019
DOI: 10.17323/2500-2597.2019.2.84.96
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The Risks of Digitalization and the Adaptation of Regional Labor Markets in Russia

Abstract: T he implementation of new automation technologies together with the development of artificial intelligence can free up a significant amount of labor. This sharply increases the risks of digital transformation. At the same time, certain regions and cities differ greatly in their ability to adapt to future changes. In this article, we seek to determine the capabilities of Russian regions to reduce risks and adapt to digital transformation. The literature stipulates that there are several factors able to reduce … Show more

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Cited by 58 publications
(34 citation statements)
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References 15 publications
(20 reference statements)
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“…The emergence of new industries, new products and services will lead to increased demand for labour (Aghion & Howitt, 1994;Nelson & Phelps, 1966). Low entrepreneurial and innovative activity in Russia limits the development opportunities for new industries and new products (Zemtsov, Barinova, & Semenova, 2019;Zemtsov & Kotsemir, 2019). Vivarelli (2014), after conducting a detailed review of econometric studies, notes that process innovations, such as automation, predominantly reduce employment, however there are compensating mechanisms associated with new products, lower prices and higher incomes.…”
Section: Creation Of New Products and Servicesmentioning
confidence: 99%
“…The emergence of new industries, new products and services will lead to increased demand for labour (Aghion & Howitt, 1994;Nelson & Phelps, 1966). Low entrepreneurial and innovative activity in Russia limits the development opportunities for new industries and new products (Zemtsov, Barinova, & Semenova, 2019;Zemtsov & Kotsemir, 2019). Vivarelli (2014), after conducting a detailed review of econometric studies, notes that process innovations, such as automation, predominantly reduce employment, however there are compensating mechanisms associated with new products, lower prices and higher incomes.…”
Section: Creation Of New Products and Servicesmentioning
confidence: 99%
“…Large cities with innovation centres and influential universities can offer a favourable environment for the growth of high-tech companies. In this context, the development of ICT infrastructure and entrepreneurial ecosystems play an essential role in the extension of digitalisation [37].…”
Section: Theoretical Frameworkmentioning
confidence: 99%
“…The level of digitalization of the economy will dramatically increase. Estimates for the opportunities and risks of the digital economy were discussed earlier [30]. This is another prospective subject for research, which can clarify which regions and cities may experience more noticeable social changes in the event that the self-isolation regime is extended.…”
Section: Conclusion and Directions For Future Researchmentioning
confidence: 99%