Digitalization in Economy and Innovation: The Effect on Social and Economic Processes
Journal Title: Polish Journal of Management Studies - Year 2019, Vol 19, Issue 2
Abstract
Digital technology has significantly changed the speed of operation in the economy. The Internet and digital devices are a driver of economic growth. This article analyzesthe Russian digital economy and society in the context of comparison with EU countries and draws conclusions regardingfuture development trends. Based on secondary data from the European Commission, this studytackles five components of the Digital Economy and Society Index.It includesICT Development Index, Global Innovation Index (GII), Networked Readiness Index, Share-Households with Internet, and High-Technology Exports. A cross-country analysis reveals significant differences between Russia and the EU countries in terms of Internet accessand Digital Economy,and their impact on GDP and social processes that take place in the country. Findings show that Russia holds a position among the top ten countries inICT Development Index and Network Readiness Index. The growth rate of high-tech exports indicatesthe lag of Russia behind other countries in the ranking.According to the ranking of countries by high-tech exports, Russia lags in the production of products with high R&D intensity, such as aerospace products, computers, pharmaceuticals, scientific instruments and electrical machinery. Russia holds a strong position in National Cyber Security (63.64%), as well as in the Share of Households with Internet.<br/><br/>
Authors and Affiliations
Margarita A. Afonasova, Elena E. Panfilova, Marina A. Galichkina, Beata Ślusarczyk
Keywords
Related Articles
- EP ID EP599974
- DOI 10.17512/pjms.2019.19.2.02
- Views 68
- Downloads 0
CORPORATE CULTURE AS A TOOL FOR INCREASING EMPLOYEE MOTIVATION
Corporate culture is a combination of strategic business perspective and human resource management, resulting in the adequate behavior of managers and employees. On the one hand, it can be a source of strength of the org...
BRAND IMAGE IN SOCIAL MEDIA – AN OUTLINE OF THE RESEARCH RELATED ISSUES
Growing competition together with an increase in consumers’ requirements result in some necessity for distinguishing a company’s offer on the market. Foundations of the market success may be provided by the brand image....
VALUE-BASED MANAGEMENT AS THE INNOVATING PARADIGM OF CONTEMPORARY GOVERNANCE – A THEORETICAL APPROACH
The magnitude and the dynamism of economic, political and social phenomena and the spectacular challenges of the 21st century have led to new approaches of the corporate performance management and to the development of n...
FREE MOVEMENT OF PROFESSIONAL ROLES AS A WAY OF MANAGEMENT CAREER
Technological advances, challenges and economic change, in particular changes of the structure of industry and market, demography, values, moreover, increasingly shorter economic cycles, resulting in a consequent increas...
Total Quality Management of Micro, Small and Medium Enterprises (MSMES), and the Impact to Organizational Culture and Performance: Case in Emerging Country
The purpose of this paper is to determine the correlation and effect between the implementation of Total Quality Management (TQM) and organizational culture on MSMEs’ organizational performance in Indonesia. The data ana...