Digital Economy: An Environment for Ukraine's Competitive Advantages
This study considers the importance of active implementation and development of the digital economy for Ukraine. The authors of this paper analysed the terminology available in other papers regarding the problems of high-quality digitalisation of the Ukrainian economy; identified the multivariance o...
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Format: | Article |
Language: | English |
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Mukachevo State University
2020-12-01
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Series: | Науковий вісник Мукачівського державного університету. Серія Економіка |
Subjects: | |
Online Access: | https://economics-msu.com.ua/en/journals/tom-7-2-2020/tsifrova-ekonomika-yak-seredovishche-proyavu-konkurentnikh-perevag-ukrayini |
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author | Olha Marchenko Anastasiia Shramkovska |
author_facet | Olha Marchenko Anastasiia Shramkovska |
author_sort | Olha Marchenko |
collection | DOAJ |
description | This study considers the importance of active implementation and development of the digital economy for Ukraine. The authors of this paper analysed the terminology available in other papers regarding the problems of high-quality digitalisation of the Ukrainian economy; identified the multivariance of the scientific interpretation of the term “digital economy” and determined the main common feature in the definitions of this type of economy, which manifests itself in the wide use of information and communication technology. The analysis involved general scientific and special methods, namely: the analytical method was used in the review of regulatory and legal sources; the classification method provided an opportunity to differentiate the main components of the digital economy, and the description method facilitated their detailed descriptive characteristic; the monographic method was employed to study the literature sources on the development of the modern digital economy in the national market; the system and analytical method was used to process available and select relevant information. Preference is given to the Digital Economy and Society Index (DESI), which determines the level of digitalisation of the country's economy. The authors of this paper also considered the concept of Industry 4.0 and the reality of its implementation in Ukraine. The study analyses the IT services market in Ukraine, which demonstrates positive dynamics in revenue growth, especially from exports. The paper also presents the main strategic priorities for Ukraine, according to the stages of the digital economy development, namely: the birth of a new digital economy, the digital economy transition, the complete digitalisation of the modern economy. The authors investigated the trends that have been noted in the IT market in recent years. The rapid, dynamic development of the IT industry is proved, and the main economic indicators of development are studied. The study assessed the state and level of the IT industry in Ukraine relative to other regions that are IT-market players. To achieve high performance in the digital economy, it is necessary to comprehensively solve such problems as modernisation of the education system, development of a new IT ecosystem and intensification of work on the creation of new Ukrainian technology parks |
first_indexed | 2024-03-08T00:19:09Z |
format | Article |
id | doaj.art-868324b0eefc4cf395f1b6b6a141644c |
institution | Directory Open Access Journal |
issn | 2313-8114 2518-1254 |
language | English |
last_indexed | 2024-03-08T00:19:09Z |
publishDate | 2020-12-01 |
publisher | Mukachevo State University |
record_format | Article |
series | Науковий вісник Мукачівського державного університету. Серія Економіка |
spelling | doaj.art-868324b0eefc4cf395f1b6b6a141644c2024-02-16T13:15:38ZengMukachevo State UniversityНауковий вісник Мукачівського державного університету. Серія Економіка2313-81142518-12542020-12-0172313910.52566/msu-econ.7(2).2020.31-39Digital Economy: An Environment for Ukraine's Competitive AdvantagesOlha Marchenko0Anastasiia Shramkovska1University of the State Fiscal Service of UkraineUniversity of the State Fiscal Service of UkraineThis study considers the importance of active implementation and development of the digital economy for Ukraine. The authors of this paper analysed the terminology available in other papers regarding the problems of high-quality digitalisation of the Ukrainian economy; identified the multivariance of the scientific interpretation of the term “digital economy” and determined the main common feature in the definitions of this type of economy, which manifests itself in the wide use of information and communication technology. The analysis involved general scientific and special methods, namely: the analytical method was used in the review of regulatory and legal sources; the classification method provided an opportunity to differentiate the main components of the digital economy, and the description method facilitated their detailed descriptive characteristic; the monographic method was employed to study the literature sources on the development of the modern digital economy in the national market; the system and analytical method was used to process available and select relevant information. Preference is given to the Digital Economy and Society Index (DESI), which determines the level of digitalisation of the country's economy. The authors of this paper also considered the concept of Industry 4.0 and the reality of its implementation in Ukraine. The study analyses the IT services market in Ukraine, which demonstrates positive dynamics in revenue growth, especially from exports. The paper also presents the main strategic priorities for Ukraine, according to the stages of the digital economy development, namely: the birth of a new digital economy, the digital economy transition, the complete digitalisation of the modern economy. The authors investigated the trends that have been noted in the IT market in recent years. The rapid, dynamic development of the IT industry is proved, and the main economic indicators of development are studied. The study assessed the state and level of the IT industry in Ukraine relative to other regions that are IT-market players. To achieve high performance in the digital economy, it is necessary to comprehensively solve such problems as modernisation of the education system, development of a new IT ecosystem and intensification of work on the creation of new Ukrainian technology parkshttps://economics-msu.com.ua/en/journals/tom-7-2-2020/tsifrova-ekonomika-yak-seredovishche-proyavu-konkurentnikh-perevag-ukrayiniindustry 4.0digital economy and society indexhuman capitalit services market |
spellingShingle | Olha Marchenko Anastasiia Shramkovska Digital Economy: An Environment for Ukraine's Competitive Advantages Науковий вісник Мукачівського державного університету. Серія Економіка industry 4.0 digital economy and society index human capital it services market |
title | Digital Economy: An Environment for Ukraine's Competitive Advantages |
title_full | Digital Economy: An Environment for Ukraine's Competitive Advantages |
title_fullStr | Digital Economy: An Environment for Ukraine's Competitive Advantages |
title_full_unstemmed | Digital Economy: An Environment for Ukraine's Competitive Advantages |
title_short | Digital Economy: An Environment for Ukraine's Competitive Advantages |
title_sort | digital economy an environment for ukraine s competitive advantages |
topic | industry 4.0 digital economy and society index human capital it services market |
url | https://economics-msu.com.ua/en/journals/tom-7-2-2020/tsifrova-ekonomika-yak-seredovishche-proyavu-konkurentnikh-perevag-ukrayini |
work_keys_str_mv | AT olhamarchenko digitaleconomyanenvironmentforukrainescompetitiveadvantages AT anastasiiashramkovska digitaleconomyanenvironmentforukrainescompetitiveadvantages |