Development of the information economy under the conditions of global economic transformations: features, factors and prospects
DOI:
https://doi.org/10.34021/ve.2019.02.04(1)Keywords:
information economy, features, conceptual approaches, factors, components, prospects, digital technologiesAbstract
The article provides a content structure of the information economy, including the main components and factors of the development. The factors of influence on the development of the information economy are identified. They are conditionally classified into five groups: research and development in the field of ICT; employee component; ICT sector development; digital technologies in business; information security. The dynamics of the development indicators of the information economy is analyzed. Prospective lines of the development of the information economy in the global cyberspace are identified, including the creation of a digital platform as a new business model; using the concept of Industry 4.0 and the “smart factory” as drivers for the digital transformation of industrial development; implementation of the “cyber physical system” as a single complex of information resources, systems and physical processes. A formula is proposed for evaluating the effect of the information economy development.
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References
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Kwilinski, A. (2018c). Mechanism of formation of industrial enterprise development strategy in the information economy. Virtual Economics, 1(1), 7-25. https://doi.org/10.34021/ve.2018.01.01(1)
Кwilinski, A. (2019). Implementation of Blockchain Technology in Accounting Sphere. Academy of Accounting and Financial Studies Journal, 23(SI2), 1528-2635-23-SI-2-412: 1-6. Retrieved from https://www.abacademies.org/articles/Implementation-of-Blockchain-Technology-in-Accounting-Sphere-1528-2635-23-SI-2-412.pdf
Kwilinski, A., & Trushkina, N. (2019). Informational economy in the global digital environment: trends and development priorities. Education, Law, Business, (pp. 20-23). Cartero Publishing House, Madrid, Spain.
Kwilinski, A., Dalevska, N., Kravchenko, S., Hroznyi, I., Kovalenko, I. (2019b). Formation of the entrepreneurship model of e-business in the context of the introduction of information and communication technologies. Journal of Entrepreneurship Education, 22(SI1), 1528-2651-22-S1-337: 1-7. Retrieved from https://www.abacademies.org/articles/Formation-of-the-entrepreneurship-model-of-e-business-1528-2651-22-S1-337.pdf
Kwilinski, A., Volynets, R., Berdnik, I., Holovko, M., & Berzin, P. (2019c). E-Commerce: Concept and Legal Regulation in Modern Economic Conditions. Journal of Legal, Ethical and Regulatory Issues, 22(SI2), 1544-0044-22-SI-2-357: 1-6. Retrieved from https://www.abacademies.org/articles/E-Commerce-concept-and-legal-regulation-in-modern-economic-conditions-1544-0044-22-SI-2-357.pdf
Kwilinski, A., Tkachenko, V., Kuzior, A. (2019d). Transparent cognitive technologies to ensure sustainable society development. Journal of Security and Sustainability Issues, 9(2), 561-570 http://doi.org/10.9770/jssi.2019.9.2(15)
Kwilinski, A., Trushkina, N., & Rynkevich, N. (2019). Kontseptual'nye podkhody k opredeleniyu termina “Informatsionnaya ekonomika” [Conceptual Approaches to Defining the Term “Information Economy”]. Problemy ekonomiki – The Problems of Economy, 3, 147-155. https://doi.org/10.32983/2222-0712-2019-3-147-155 [in Russian].
Lakhno, V., Malyukov, V., Bochulia, T., Hipters, Z., Kwilinski, A., & Tomashevska, O. (2018). Model of managing of the procedure of mutual financial investing in information technologies and smart city systems. International Journal of Civil Engineering and Technology, 9(8), 1802-1812. Retrieved from http://www.iaeme.com/MasterAdmin/UploadFolder/IJCIET_09_08_181/IJCIET _09_08_181.pdf
Lane, N. (1999). Advancing the digital economy into the 21st century. Information Systems Frontiers, 1(3), 317-320.
Liashenko, V. I., & Vishnevskyi, O. S. (2018). Tsyfrova modernizatsiia ekonomiky Ukrainy yak mozhlyvist proryvnoho rozvytku [Digital modernization of the Ukrainian economy as an opportunity for breakthrough development]. Kyiv: Institute of Industrial Economics of NAS of Ukraine [in Ukrainian].
Machlup, F. (1962). The Production and Distribution of Knowledge in the United States. Princeton, New Jersey: Princeton University Press.
Machlup, F. (1973). The Production and Distribution of Knowledge in the United States. New Jersey, Princeton.
Machlup, F. (2014). Knowledge: Its Creation, Distribution and Economic Significance. In Knowledge and Knowledge Production. New Jersey: Princeton.
Margherio, L., & et al. (1999). The Emerging Digital Economy. Washington, DC: Department of Commerce. Retrieved from http://www.esa.doc.gov/sites/default/files/emergingdig_0.pdf
Matveeva, I. V., & Khomenko, E. B. (2017). Stanovlenie kontseptual'nykh polozheniy teorii informatsionnoy ekonomiki: metodologicheskie i prakticheskie aspekty [Formation of the conceptual provisions of the theory of information economy: methodological and practical aspects]. Vestnik PNIPU. Sotsial'no-ekonomicheskie nauki – Bulletin of PNIPU. Socio-economic sciences, 1, 136-146. http://doi.org/10.15593/2224-9354/2017.1.11 [in Russian].
MIT Sloan Management Review, Strategy, Not Technology, Drives Digital Transformation – Becoming a Digitally Mature Enterprise (2015).
Mesenbourg, T.L. (2001). Measuring the Digital Economy, US Bureau of the Census, Suitland. https://www.census.gov/content/dam/Census/library/working-papers/2001/econ/umdigital.pdf
Pająk, K., Kamińska, B., & Kvilinskyi, O. (2016). Modern trends of financial sector development under the virtual regionalization conditions. Financial and Credit Activity: Problems of Theory and Practice, 2(21), 204-217. https://doi.org/10.18371/fcaptp.v2i21.91052
Panshin, B. (2016). Tsifrovaya ekonomika: osobennosti i tendentsii razvitiya [Digital economy: features and development trends]. Nauka i innovatsii – Science and innovation, 3(157), 17-20 [in Russian].
Pashkus, V. Yu. (2006). Novaya ekonomika: ponyatie i prichiny vozniknoveniya. Stanovlenie informatsionnoy ekonomiki: teoriya i praktika [New economy: concept and causes. The formation of the information economy: theory and practice], (pp. 24-27). St. Petersburg: Nestor [in Russian].
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Published
2019-10-27
How to Cite
Trushkina, N. (2019). Development of the information economy under the conditions of global economic transformations: features, factors and prospects. Virtual Economics, 2(4), 7–25. https://doi.org/10.34021/ve.2019.02.04(1)
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