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Digital Economy as a Method of Integration into World Space

https://doi.org/10.21686/2413-2829-2020-4-5-12

Abstract

International institutions of development actually try to impose to developing countries, including Russia, a model of development, which could promote the use of their internal resources to form digital infrastructure that can facilitate the process of soft- and hard-ware solution penetration to their markets. These are introduced by foreign companies and are useless for the development of in-country competences in the field of key technologies vital for future development of digital economy. The article studies specific features of national programs of digital economy development in different countries and provides recommendations of international institutions of development to developing countries. Key differences in actual goals set within the frames of trends of digital economy development were shown. According to the authors, cultural and psychological barriers play an important role in complicated conditions that require serious transformations because of digital alterations. The Internet of things can be called a new trend in integrating into global space. The use of the Internet of things concept could limit economic and social processes, which separate human participation from certain actions and operations. The authors show that the ‘The Industry 4.0’ concept is not restricted only by technologies, as it needs cultural changes because of digitalization.

About the Authors

A. P. Garnov
Plekhanov Russian University of Economics
Russian Federation

Andrei P. Garnov Doctor of Economics, Professor of the Department for Financial Markets

36 Stremyanny Lane, Moscow, 117997



O. N. Bykova
Plekhanov Russian University of Economics
Russian Federation

Olga N. Bykova Doctor of Economics, Professor of the Department for Entrepreneurship and Logistics

36 Stremyanny Lane, Moscow, 117997



References

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Review

For citations:


Garnov A.P., Bykova O.N. Digital Economy as a Method of Integration into World Space. Vestnik of the Plekhanov Russian University of Economics. 2020;17(4):5-12. (In Russ.) https://doi.org/10.21686/2413-2829-2020-4-5-12

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ISSN 2413-2829 (Print)
ISSN 2587-9251 (Online)