Digitalization of Ukraine’s Economy: Current State and Creating Competitive Advantages
- DOI
- 10.2991/aebmr.k.210318.008How to use a DOI?
- Keywords
- Digital economy, innovation, IT industry, competitive advantages
- Abstract
Recently, the transition to a knowledge-based economy and information society has become increasingly dynamic, and the countries that have succeeded in mastering digitalization demonstrate economic success in the international arena and attracting attention as countries capable of meeting modern globalization challenges. This updates the study of digitalization in order to take advantage of it, minimize its risks and improve the country’s position in the global environment. The article analyzes the development trends and volume of the digital economy in Ukraine, identifies obstacles to its development and substantiates the directions of creating competitive advantages of the country in modern conditions. The need for the introduction of innovative technologies has been identified, which becomes crucial for the continued existence of the country’s economy, which emphasizes the need to change the principles of functioning of the economic system. The conclusion on expediency of increase of personnel, intellectual and technological advantages, formation of a flexible regulatory base for introduction of digital technologies in all spheres of life is made.
- Copyright
- © 2021, 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/).
Cite this article
TY - CONF AU - Oleksandr Kendiukhov AU - Kateryna Yahelska AU - Nataliia Shakina PY - 2021 DA - 2021/03/18 TI - Digitalization of Ukraine’s Economy: Current State and Creating Competitive Advantages BT - Proceedings of the 1st International Scientific Conference "Legal Regulation of the Digital Economy and Digital Relations: Problems and Prospects of Development" (LARDER 2020) PB - Atlantis Press SP - 40 EP - 49 SN - 2352-5428 UR - https://doi.org/10.2991/aebmr.k.210318.008 DO - 10.2991/aebmr.k.210318.008 ID - Kendiukhov2021 ER -