Business institutions of economic activity digitalization

The paper discusses the special features of transformation of business institutions in the process of economic activity digitalization. Methodologically the research is premised on the theoretical concepts of evolutionary and neo-institutional theory, the concepts of the sharing and digital economy....

Descripción completa

Guardado en:

Detalles Bibliográficos
Autor principal:	Popov E.V.
Formato:	article
Lenguaje:	RU
Publicado:	Ural State University of Economics 2019
Materias:	Market economic institution digitalization big data cloud technologies blockchain Business HF5001-6182 Finance HG1-9999
Acceso en línea:	https://doaj.org/article/c8aa57e887c842a2a263e8bc01760155
Etiquetas:	Agregar Etiqueta Sin Etiquetas, Sea el primero en etiquetar este registro!

id	oai:doaj.org-article:c8aa57e887c842a2a263e8bc01760155
record_format	dspace
spelling	oai:doaj.org-article:c8aa57e887c842a2a263e8bc017601552021-12-02T10:00:17ZBusiness institutions of economic activity digitalization10.29141/2218-5003-2019-10-2-12218-5003https://doaj.org/article/c8aa57e887c842a2a263e8bc017601552019-05-01T00:00:00Zhttp://upravlenets.usue.ru/images/78/1.pdfhttps://doaj.org/toc/2218-5003The paper discusses the special features of transformation of business institutions in the process of economic activity digitalization. Methodologically the research is premised on the theoretical concepts of evolutionary and neo-institutional theory, the concepts of the sharing and digital economy. The basic research method is a logical-structural analysis of theoretical and empirical data in the public domain. The study reveals socio-technological driving forces of the development of the digital economy: big data, cloud and blockchain technologies, digital platforms, the Internet of things, the concept of a smart city and the sharing economy. The author formulates the characteristics of economic activity digitalization: an increase in the share of services in total production, a growing decentralization of resources, a rise in the share of instant transactions, the use of cloud technologies, the development of the sharing economy and institutional support for business. The article lays down the principles of economic activity digitalization based on decentralization of resources that embrace expediency, usefulness and effectiveness of digitalization. The paper also identifies the principles of evolutionary development: uncertainty, formality and inevitability of digitalization. It looks at the transformation of business institutions in the process of economic activity digitalization, which lies in three processes: a significant reduction in life cycles of business institutions resulting from making rapid managerial decisions, as well as the increasing role and the shifting content of informal business institutions to the field of rational values and self-expression. The author demonstrates the application of socio-technological УПРАВЛЕНЕЦ 2019. Том 10. № 2 10 Развитие рынков: управленческий аспект driving forces to manage a firm’s resources. The use of blockchain technologies and big data is expedient to manage labour resources. Cloud technologies and crowdfunding are used to regulate financial resources. When managing the development of material resources, it is advisable to apply the Internet of things and the sharing economy. Information resources are organized through digital platforms. The research findings can be of use when mapping out strategies for the development of individual companies, sectoral markets and state management of economic sectors.Popov E.V.Ural State University of EconomicsarticleMarketeconomic institutiondigitalizationbig datacloud technologiesblockchainBusinessHF5001-6182FinanceHG1-9999RUУправленец, Vol 10, Iss 2, Pp 2-10 (2019)
institution	DOAJ
collection	DOAJ
language	RU
topic	Market economic institution digitalization big data cloud technologies blockchain Business HF5001-6182 Finance HG1-9999
spellingShingle	Market economic institution digitalization big data cloud technologies blockchain Business HF5001-6182 Finance HG1-9999 Popov E.V. Business institutions of economic activity digitalization
description	The paper discusses the special features of transformation of business institutions in the process of economic activity digitalization. Methodologically the research is premised on the theoretical concepts of evolutionary and neo-institutional theory, the concepts of the sharing and digital economy. The basic research method is a logical-structural analysis of theoretical and empirical data in the public domain. The study reveals socio-technological driving forces of the development of the digital economy: big data, cloud and blockchain technologies, digital platforms, the Internet of things, the concept of a smart city and the sharing economy. The author formulates the characteristics of economic activity digitalization: an increase in the share of services in total production, a growing decentralization of resources, a rise in the share of instant transactions, the use of cloud technologies, the development of the sharing economy and institutional support for business. The article lays down the principles of economic activity digitalization based on decentralization of resources that embrace expediency, usefulness and effectiveness of digitalization. The paper also identifies the principles of evolutionary development: uncertainty, formality and inevitability of digitalization. It looks at the transformation of business institutions in the process of economic activity digitalization, which lies in three processes: a significant reduction in life cycles of business institutions resulting from making rapid managerial decisions, as well as the increasing role and the shifting content of informal business institutions to the field of rational values and self-expression. The author demonstrates the application of socio-technological УПРАВЛЕНЕЦ 2019. Том 10. № 2 10 Развитие рынков: управленческий аспект driving forces to manage a firm’s resources. The use of blockchain technologies and big data is expedient to manage labour resources. Cloud technologies and crowdfunding are used to regulate financial resources. When managing the development of material resources, it is advisable to apply the Internet of things and the sharing economy. Information resources are organized through digital platforms. The research findings can be of use when mapping out strategies for the development of individual companies, sectoral markets and state management of economic sectors.
format	article
author	Popov E.V.
author_facet	Popov E.V.
author_sort	Popov E.V.
title	Business institutions of economic activity digitalization
title_short	Business institutions of economic activity digitalization
title_full	Business institutions of economic activity digitalization
title_fullStr	Business institutions of economic activity digitalization
title_full_unstemmed	Business institutions of economic activity digitalization
title_sort	business institutions of economic activity digitalization
publisher	Ural State University of Economics
publishDate	2019
url	https://doaj.org/article/c8aa57e887c842a2a263e8bc01760155
work_keys_str_mv	AT popovev businessinstitutionsofeconomicactivitydigitalization
_version_	1718397829083299840

Business institutions of economic activity digitalization

Ejemplares similares