Commercial Services Under Digital Transformation of the Global Economy

DOI

10.2991/aebmr.k.200312.208How to use a DOI?

Abstract

Today the economic development focuses heavily on commercial services, which is determined by growing economic importance of their production and trade. As it is well-known, in the developed countries and today in many developing ones, the services account for a significant share of GDP. The contribution of services into manufacturing, which is often called manufacturing services, is considerable, as the added cost of services accounts for about one third of the manufacturing export in developed countries and 26% in developing ones [1]. From the other hand, the role of services is also determined by their influence on the economic efficiency of production, as services that are provided in manufacturing and goods distribution influence the final prime cost of a product, and contribute to providing a product to the consumer and demonstrate the quality of servicing. Today when we are entering the era of digital economy as part of Industry 4.0, the role of commercial services gets a new dimension. We should also stress the advent of new services and the transformation of the new ones, changes in service delivery, new barriers between free flows of services.

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  - N S Frolova
PY  - 2020
DA  - 2020/03/17
TI  - Commercial Services Under Digital Transformation of the Global Economy
BT  - Proceedings of the International Scientific Conference "Far East Con" (ISCFEC 2020)
PB  - Atlantis Press
SP  - 1531
EP  - 1536
SN  - 2352-5428
UR  - https://doi.org/10.2991/aebmr.k.200312.208
DO  - 10.2991/aebmr.k.200312.208
ID  - Frolova2020
ER  -