Balance Between Business and Government in Purpose of Ensuring Economic Security to Innovation Development

DOI

10.2991/aebmr.k.201215.052How to use a DOI?

Keywords

digital platform, digitalization, government, business, innovation, economic security

Abstract

In this article, digital platforms are viewed as the leading instrument for digitalizing the economy. The role of business and the state in ensuring the effective functioning of the economic sector by creating innovative products and systems is shown. The features of the digital environment that contribute to the successful development and timely implementation of innovative products are identified. The role of the digital platform in terms of solving modern problems in the field of national interests and the global market is described. The definition of digitalization is given and its role in modern business is revealed. Effective data management has been proven to be the key to a successful business process. The features of the digital economy are considered: the degree of provision of the company with intellectual assets, the organizational structure based on the network, the Internet of things as the basis of the foundations in business, the particular importance of data storage in the business sector. It was found that China and the United States are at the forefront of the digital environment, with over 75% of their funding and 90% of the market value of the 70 largest platforms in the world. It is shown what is the role of the state in the field of cyber security.

Copyright

© 2020, the Authors. Published by Atlantis Press.

Open Access

This is an open access article distributed under the CC BY-NC license (http://creativecommons.org/licenses/by-nc/4.0/).

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TY  - CONF
AU  - Maria Suraeva
PY  - 2020
DA  - 2020/12/17
TI  - Balance Between Business and Government in Purpose of Ensuring Economic Security to Innovation Development
BT  - Proceedings of the 8th International Conference on Contemporary Problems in the Development of Economic, Financial and Credit Systems (DEFCS 2020)
PB  - Atlantis Press
SP  - 247
EP  - 249
SN  - 2352-5428
UR  - https://doi.org/10.2991/aebmr.k.201215.052
DO  - 10.2991/aebmr.k.201215.052
ID  - Suraeva2020
ER  -