CONCEPTUAL APPROACHES TO DEFINING THE TERM “DIGITAL ECONOMY”
DOI:
https://doi.org/10.31734/economics2024.31.003Keywords:
digital economy, digital technologies, information economy, digitalizationAbstract
The chosen topic of the research article involves highlighting modern interpretations of the content and features of the digital economy. This article presents and summarizes the results of the analysis of scientific approaches to defining the essence of the digital economy. The study has determined that the content of the elements of the digital economy can be disclosed based on the results of the digital transformation of economic activities of enterprises. The analysis of the substantiation of the conceptual apparatus carried out in the article made it possible to structure the conceptual approaches to the definition of the concept of “digital economy”. It is found that the key strategic documents on the development of the digital economy in Ukraine (Digital Agenda for Ukraine 2020, the Concept for the Development of the Digital Economy and Society of Ukraine for 2018–2020, and the Concept for the Development of Digital Competencies until 2025, Ukraine 2030E – a country with a developed digital economy) pay considerable attention to the specification of applied principles related to the development of the digital economy infrastructure and the development of digital competencies of citizens. It is established that many difficulties arise when assessing the scope of the digital economy precisely because there is no generally accepted definition of the digital economy and there is a lack of reliable statistical data on its components. It has been found that several initiatives are currently being implemented to remedy this state of affairs, but they are still not enough. In addition, there is a lack of adequate macroeconomic statistics that would allow an accurate assessment of the benefits of using digital products and those created based on digital technologies. It is found that today there are several synonyms for the digital economy: the Internet economy, the new economy, the web economy. All of these terms describe new trends in the development of economic and information relations and generally explain the type of economy where digital data are the main means of production.
References
Chahovets L. Conceptual basis of assessment and analysis of digitalization in Ukraine. URL:http://repository.hneu.edu.ua/bitstream/123456789/27670 (Accessed May 10, 2024).
Digital Agenda for Ukraine 2020. Draft. (“Digital agenda” 2020). URL: https:// ucci.org.ua/uploads/files/58e78ee3c3922.pdf. (Accessed May 10, 2024).
Economic strategy of Ukraine 2030. URL: https://strategy.uifuture.org (Accessed May 06, 2024).
Karcheva H. T., Ohorodnia D. V., Openko V. A. Digital economy and its impact on the development of national and international economy. Financial space. 2017. No 3 (27). P. 13–21.
Kindzerskyi Yu. V. Genesis and features of the digital economy in the context of the prospects of its development in Ukraine. Economy and the state. 2020. No 8. P. 10–14.
Koliadenko S. V. Digital economy: prerequisites and stages of establishment in Ukraine and the world. Economy. Finance. Management. 2016. No 6. P. 106–107.
Negroponte, N. Being Digital. New York: Alfred A. Knopf, 1995. 243 p.
Official website of the Ministry of Digital Transformation of Ukraine. URL: https://thedigital.gov.ua/ ministry. (Accessed May 01, 2024)
On approval of the Concept for the Development of Digital Competencies and the plan of measures for its implementation: Order of the Cabinet of Ministers of March 03, 2021 No 167-р. URL: https://www.kmu.gov.ua/npas/pro-shvalennya-koncepciyi-rozvitku-cifrovih-kompetentnostej-ta-zatverdzhennya-planu-zahodiv-z-yiyi-realizaciyi-167-030321 (Accessed May 06, 2024).
On approval of the Concept for the Development of the Digital Economy and Society of Ukraine for 2018–2020 and the plan of measures for its implementation: Order of the Cabinet of Ministers of 17.01.2018 No 67-р. URL: https://zakon.rada.gov.ua/laws/show/67-2018-%D1%80#Text 33/.
Rudenko M. V. Digitalization of the economy: new opportunities and prospects. Economy and the state. 2018. № 11. P. 61–65.
Tapscott D. The Digital Economy: Promise and Peril in the Age of Networked IntelligenceюAuthors: McGrawHill, 1994. 368 p
Ukraine 2030E – a country with developed digital economy. URL: https://strategy.uifuture.org/kraina-z-rozvinutoyu-cifrovoyu-ekonomikoyu.html (Accessed May 06, 2024).
Veretiuk S. M., Pilinskyi V. V. Identification of the priorities of digital economy development in Ukraine. Scientific notes of Ukrainian Research Institute of Communications. 2016. No 2. P. 51–58.
