Digital Transformation of Entrepreneurship in the Context of Implementing the Concept of Industry 4.0

The processes of formation and development of the digital economy and the direction of digital transformation of enterprises in the context of the fourth industrial revolution are investigated. There highlighted trends in the development of the digital economy, in particular, an increase in the shar...

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Main Authors: Butenko Nataliia V., Koshchuk Anastasiia G.
Format: Article
Language:English
Published: PH "INZHEK" 2018-12-01
Series:Problemi Ekonomiki
Subjects:
Online Access:http://www.problecon.com/export_pdf/problems-of-economy-2018-4_0-pages-7_12.pdf
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author Butenko Nataliia V.
Koshchuk Anastasiia G.
author_facet Butenko Nataliia V.
Koshchuk Anastasiia G.
author_sort Butenko Nataliia V.
collection DOAJ
description The processes of formation and development of the digital economy and the direction of digital transformation of enterprises in the context of the fourth industrial revolution are investigated. There highlighted trends in the development of the digital economy, in particular, an increase in the share of the digital economy in all countries of the G20 and uneven digitalization of these economies, as evidenced by its different volume — from 1.5 % to 12.4 % — in the structure of GDP of the countries. The volume of retail trade in the field of e-commerce and the number of “digital” customers in the world is analyzed, which made it possible to conclude about the positive trends in the development of e-commerce in the global economy. Digital technologies and products are defined as innovative trends of the current socio-economic environment; approach to their systematization is proposed. The essence and potential of effective and consistent implementation of the concept of Industry 4.0 are revealed. The key role of digital transformations in implementing the concept of Industry 4.0 is disclosed. There used an example of the Mironovsky Khleboprodukt group of companies, which have reoriented their competitive strategy towards digital transformation, integration of digital technologies into agro-industrial production processes. Startups are considered as a tool to meet the innovative needs of enterprises in the field of digital transformation. Examples of startups in the field of digital transformation of agro-industrial production are given.
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spelling doaj.art-e3b96a3dfbca4ac4b3065a75e386eafd2024-02-02T04:06:05ZengPH "INZHEK"Problemi Ekonomiki2222-07122311-11862018-12-01438712https://doi.org/10.32983/2222-0712-2018-4-7-12Digital Transformation of Entrepreneurship in the Context of Implementing the Concept of Industry 4.0Butenko Nataliia V.0Koshchuk Anastasiia G.1Doctor of Sciences (Economics), Associate Professor, Professor, Department of Entrepreneurship, Taras Shevchenko National University of KyivPostgraduate Student, Chernihiv National Technological UniversityThe processes of formation and development of the digital economy and the direction of digital transformation of enterprises in the context of the fourth industrial revolution are investigated. There highlighted trends in the development of the digital economy, in particular, an increase in the share of the digital economy in all countries of the G20 and uneven digitalization of these economies, as evidenced by its different volume — from 1.5 % to 12.4 % — in the structure of GDP of the countries. The volume of retail trade in the field of e-commerce and the number of “digital” customers in the world is analyzed, which made it possible to conclude about the positive trends in the development of e-commerce in the global economy. Digital technologies and products are defined as innovative trends of the current socio-economic environment; approach to their systematization is proposed. The essence and potential of effective and consistent implementation of the concept of Industry 4.0 are revealed. The key role of digital transformations in implementing the concept of Industry 4.0 is disclosed. There used an example of the Mironovsky Khleboprodukt group of companies, which have reoriented their competitive strategy towards digital transformation, integration of digital technologies into agro-industrial production processes. Startups are considered as a tool to meet the innovative needs of enterprises in the field of digital transformation. Examples of startups in the field of digital transformation of agro-industrial production are given.http://www.problecon.com/export_pdf/problems-of-economy-2018-4_0-pages-7_12.pdfdigital economydigitalizatione-commercedigital technologiesdigital transformationIndustry 4.0start-up
spellingShingle Butenko Nataliia V.
Koshchuk Anastasiia G.
Digital Transformation of Entrepreneurship in the Context of Implementing the Concept of Industry 4.0
Problemi Ekonomiki
digital economy
digitalization
e-commerce
digital technologies
digital transformation
Industry 4.0
start-up
title Digital Transformation of Entrepreneurship in the Context of Implementing the Concept of Industry 4.0
title_full Digital Transformation of Entrepreneurship in the Context of Implementing the Concept of Industry 4.0
title_fullStr Digital Transformation of Entrepreneurship in the Context of Implementing the Concept of Industry 4.0
title_full_unstemmed Digital Transformation of Entrepreneurship in the Context of Implementing the Concept of Industry 4.0
title_short Digital Transformation of Entrepreneurship in the Context of Implementing the Concept of Industry 4.0
title_sort digital transformation of entrepreneurship in the context of implementing the concept of industry 4 0
topic digital economy
digitalization
e-commerce
digital technologies
digital transformation
Industry 4.0
start-up
url http://www.problecon.com/export_pdf/problems-of-economy-2018-4_0-pages-7_12.pdf
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