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Development of the information economy under the conditions of global economic transformations: features, factors and prospects

Author

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  • Nataliia Trushkina

    (Institute of Industrial Economics of the National Academy of Sciences of Ukraine, Kyiv, Ukraine)

Abstract

The article provides a content structure of the information economy, including the main components and factors of the development. The factors of influence on the development of the information economy are identified. They are conditionally classified into five groups: research and development in the field of ICT; employee component; ICT sector development; digital technologies in business; information security. The dynamics of the development indicators of the information economy is analyzed. Prospective lines of the development of the information economy in the global cyberspace are identified, including the creation of a digital platform as a new business model; using the concept of Industry 4.0 and the “smart factory†as drivers for the digital transformation of industrial development; implementation of the “cyber-physical system†as a single complex of information resources, systems and physical processes. A formula is proposed for evaluating the effect of the information economy development

Suggested Citation

  • Nataliia Trushkina, 2019. "Development of the information economy under the conditions of global economic transformations: features, factors and prospects," Virtual Economics, The London Academy of Science and Business, vol. 2(4), pages 7-25, October.
    • Handle: RePEc:aid:journl:v:2:y:2019:i:4:p:7-25
    DOI: 10.34021/ve.2019.02.04(1)
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    File URL: https://virtual-economics.eu/index.php/VE/article/view/32/42
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    Cited by:

    1. Henryk Dzwigol & Aleksy Kwilinski & Oleksii Lyulyov & Tetyana Pimonenko, 2024. "Digitalization and Energy in Attaining Sustainable Development: Impact on Energy Consumption, Energy Structure, and Energy Intensity," Energies, MDPI, vol. 17(5), pages 1-17, March.
    2. Aleksy Kwilinski & Oleksandr Vyshnevskyi & Henryk Dzwigol, 2020. "Digitalization of the EU Economies and People at Risk of Poverty or Social Exclusion," JRFM, MDPI, vol. 13(7), pages 1-14, July.
    3. Wang, Lei & Ramsey, Thomas Stephen, 2024. "Digital divide and environmental pressure: A countermeasure on the embodied carbon emissions in FDI," Technological Forecasting and Social Change, Elsevier, vol. 204(C).
    4. Eleni Laitsou & Antonios Kargas & Dimitris Varoutas, 2020. "Digital Competitiveness in the European Union Era: The Greek Case," Economies, MDPI, vol. 8(4), pages 1-33, October.
    5. Aleksy Kwilinski, 2024. "Mapping Global Research on Green Energy and Green Investment: A Comprehensive Bibliometric Study," Energies, MDPI, vol. 17(5), pages 1-24, February.
    6. Daniela Firoiu & Ramona Pîrvu & Elena Jianu & Laura Mariana Cismaș & Sorin Tudor & Gabriela Lățea, 2022. "Digital Performance in EU Member States in the Context of the Transition to a Climate Neutral Economy," Sustainability, MDPI, vol. 14(6), pages 1-22, March.
    7. Leogrande, Angelo & Magaletti, Nicola & Cosoli, Gabriele & Giardinelli, Vito & Massaro, Alessandro, 2022. "ICT Specialists in Europe," MPRA Paper 112241, University Library of Munich, Germany.
    8. Henryk Dzwigol & Nataliia Trushkina & Aleksy Kwilinski, 2021. "The Organizational and Economic Mechanism of Implementing the Concept of Green Logistics," Virtual Economics, The London Academy of Science and Business, vol. 4(2), pages 41-75, April.
    9. Mai‐Minh‐Anh Tran & Ngoc‐Yen‐Chi Nguyen & Nguyen‐Khanh‐Ha Quyen & Phuong‐Nhu Tran & Nguyen‐Minh‐Thu Phan & Anh‐Tuan Le, 2024. "Do firms with environmental, social, and governance reputational risk take into account board gender diversity? An analysis on a global scale," Social Science Quarterly, Southwestern Social Science Association, vol. 105(4), pages 1396-1418, July.

    More about this item

    Keywords

    Information economy; features; conceptual approaches; factors; components; prospects; digital technologies;
    All these keywords.

    JEL classification:

    • A10 - General Economics and Teaching - - General Economics - - - General
    • B30 - Schools of Economic Thought and Methodology - - History of Economic Thought: Individuals - - - General
    • D80 - Microeconomics - - Information, Knowledge, and Uncertainty - - - General
    • L86 - Industrial Organization - - Industry Studies: Services - - - Information and Internet Services; Computer Software

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