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Evolution of innovative development and prerequisite of digitalization and digital transformations of the world economy


Smirnov E.N.
(about the author)

Smirnov Evgeniy Nikolaevich Evgeniy Nikolaevich – (State University of Management)

Published in:
Russian Journal of Innovation Economics
– Volume 8, Number 4 (October-December 2018)

JEL classification: F21, O32, O33

Keywords: digital economy, digital transformations, innovative development, new technologies, scientific and technical progress


Citation:
Smirnov E.N. (2018). Evolution of innovative development and prerequisite of digitalization and digital transformations of the world economy. Russian Journal of Innovation Economics, 8(4), 553-564. doi: 10.18334/vinec.8.4.39696


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Abstract:

The theoretical concepts describing innovative development of the world economy underwent significant change. The value of digital technologies at the present stage of development of the world and national economies seriously increases. The reason of that is not only global crises and search of new sources of accumulation of competitiveness of economy of the states. In the article key prerequisites of the digital transformations happening in the modern world economy on the basic of new technologies are analysed. It was established, that is continued technological unevenness between national economies of the countries, that is caused both by the levels of development of these countries, and different perception and adaptation of digital technologies by them. In spite of the fact that crisis somewhat softened strengthening of a technological gap, development of digital economy in the countries needs further state regulation and institutionalization.


Highlights:

1. The impact of scientific and technical progress on development of eco-nomic systems and global value chains was significantly transformed in the last dec-ades.
2. Technological and digital gaps between the countries tend to acceleration that is caused by the international nature of technological progress.
3. Traditional factors do not play now the defining role for accumulation of competitiveness in the world digital economy.
4. It is necessary to provide an institutionalization of digital transformations with expansion of the regulating role of a state.








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