Proceedings of the 1st International Scientific Conference "Legal Regulation of the Digital Economy and Digital Relations: Problems and Prospects of Development" (LARDER 2020)

Digitalization of Ukraine’s Economy: Current State and Creating Competitive Advantages

Authors
Oleksandr Kendiukhov, Kateryna Yahelska, Nataliia Shakina
Corresponding Author
Oleksandr Kendiukhov
Available Online 18 March 2021.
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/).

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Volume Title
Proceedings of the 1st International Scientific Conference "Legal Regulation of the Digital Economy and Digital Relations: Problems and Prospects of Development" (LARDER 2020)
Series
Advances in Economics, Business and Management Research
Publication Date
18 March 2021
ISBN
978-94-6239-353-0
ISSN
2352-5428
DOI
10.2991/aebmr.k.210318.008How to use a DOI?
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  -